New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-11-16


beyond your patience and my strength should have take
Homeland Still viii endeavor brief way TO give you
some outline Of the fortunes Of this enterprise
nearly 10 since half dozen gentlemen OF this city
house for four successive evenings and around
table covered with maps and charts and plans and estimates
Scotia St. Johns in Newfoundland thence be carried
S,oi e and sHs wa. h ony p
apart IL easy 20 draw line from point 10 the other
and rivers and gu that lay in our way Not one had
the country had idea Of the obstacles TO be
months II took years and half Yet never asked
for help outside little circle Indeed fear we should
not have got II We hadfOr few had faith in our scheme
Every dollar Of pockets Yet proud to
drew back No proved desereT those who
six four here tonghtMr Peter Cooper Moses lay
lOr Marshall o Roberts and myself My brother Dudley
in Europe and Mr. Chandler White died in 1855 and bis place
supplied by Mr. Wilson G. Hunt who Is also here Mr.
Robert W. Lowber Secretary To these gentlemen as
my first associates but Just that should pay my hrs' nc
acknowledgements. go
From this statement you perceive that in the beginning this
was wholly an American enterprise Twas begun ana
years and half carried solely by American capital
doing away in the forests of Newfoundland Our little com
pany raised and expended million ana quhr OF 1o
SnS OSg outside WA. Tho liberal charter and steady
Friendship Of the Government OF Newfoundland ior wch We
greatly indebted 20 Mr. T. NJ Archibald then Auorney
General Of that colony and now British consul IN a0rn
And in preparing for an ocean cable INC hIst souhss
can ships Our scientific meh-Morse, Henry Bache ana
Mauryhad taken great interest IN the SUBJECT Inc u . snip
and the u sSv Arctic sounded across nom Newfoundland
10 Ireland m 1856 year before H. snip Cycope u na
state not to take aght the just praise Of England but
simply to yindicate the truth Of history. Applause
any existence In England In summer went % London,
and there with Mr. John w Brett MI NOV sirl Snades
Company Science bad begun 70 contemplate the Poso o.
Lofty enthusiasm Then for the hrs time was enlisted the sup
port English capitalists; and then the British Government
began generous which has continued ever
10
assist in laying the cable and an annual subsidy Tor ibe
Expeditions joint enterprises in which the Niagara
aud the Susquehanna took part with the Agamemnon %
Leopard the Gorgon and the Vaorous and the officers OF
worked with generous rivalry for the same great
object The captal-exeept quarter which as you ha
Britain The Directors almost all English bankers ano
merchants though among them was one ca name
honOred in two countries since he mas sh3SeH Ms ~
years in London where be has glheu aohnnt , b n
Donors sill cngs 20 the land OF DIS brth u'ohg INC non
Baronetcy Of the United Kingdom 10 remain simple
With the history Of he Expeditions of 1878 Yea familiar
laid and fr four weeks it worked-though very bril-
lanyneyT giving forth nch rapid and distinct flashes as
But while it lasted no less than 400 messages
the Atlantic You all remember the enthusiasm which IT n
public wild overi OF course when It stopped the
reaction was very great People grew dumb ana suspicious
never worked all That kind odu have had 10 endure
for eight yeatn now trust We have at last senccd the
After the failure of 1853 came darkest days When
thing is dead il hard TO gavan1e It into life Ii Is diff
four 10 revive an old enterprise The
freshness and novelty are gone and the feeling al &sa@h
ment dscOuragcs further effort
other causes DELAYED new attempt This country had be
tremendous and while the nation was
struggling for lie it hd no time 10 spend in foreign enter
But in England the project still kept alive The Atlantic
Telegraph Company kept mp lie organization IL had noble
body Of directors lad faith in the enterprise and looked
beyond present low estate ultimate success cannot name
them all but must speak OF our Chairman-the klg hon
James Stuart Wortey gentleman who dd not JON u IN be
hour victory but in what seemed the hour of despair
after the failure of ls5sand who has been steady support
through all these The Deputy Chairman MI anps0n
has been made baronct for his connection with the enterprise
Our faithful Secretary Mr. sawaId too dd mnch 10 Keep
alive the interest Of the British public,
All this time the science Of Submarine Teegraphy was max
ing progress The British Government appointed COMMITS
Investigate the whole subject II was composed Of em
stone Fairbairn Bidder VaTiey and Latmer and Edwin
Carkwi6 the Secretary Of the Company Mt sawaId-nmes
be held in honor in connection with this enterprise along
with those Of other English engineers such Stephenson and
Field gave time and thought and labor freely to this
prise refusing all compensation This Commission sat Tor
nearly two years spent many of pounds
pGmens The result clear conviction IA every mind
that twas possible 10 lay telegraph ncoss the Atlantic sc
rine cables laid in different sean the Mediterranean
in the Red Sea and the Peanuf The latter vas laid by nay
10 his country and gained fresh title 10 the honor which was
conferred upon him for his part In laying the hrst Atlantic
When scientific and engineering problems solved
This was In fs6a In this couhtry--though the
s,l ragng-I from city to city, holding meetings and ny
tened aud said all very fine and hoped wond sue
coed but did nothing In one OF the cities they gave me
pointed committee Of solid men TO canvass the CITY but
did get solitary subscriber In thscty did better though
money came by the hardest work BY personal solicitations
encouraged by Sir and other good friends tueceeded
in raising $4,000 Since not many bad faith must present
example contrary though not till later
When all deemed 1t hopeless scheme gentleman
Telegraph Company 70 the Of tOoOoo Thatw Mr.
Lonng Andrews who here this evening to see s fltb re-
hope be In England and went 70 London There too
dragged heavily There was profound aseourngensht NAN!
the We needed OOo and with utmost efforts
had raised less than half and there the enterprise stood In
dead lock 1t plain TINT We must have help from some new
quarter looked around 70 find a man who had broad
giant in the cause II was at this time introduced
gentleman whom would hold up TO the American public
You heard bis but In London he h known
Of the who have made British enterprise and
British pita felt In all parts Of the earth went 10 hm
though With fear and trembling lie received kindly but
put through such examination a. never had before
question my satisfied him and be ended BY
enterprise which ought 70 be carried out ana thhi
This pledge Of RCo 900 sterling Encouraged by this
noble Offer Hooked about to find another such though
was almost like trying find weIngtons Bat be
found in Mr. John Fender Of Manchester went bis Office
day in London and walked tog1bcr To The House Of
COmmOns and before We got there h said h would take an
equal SHIRE with Mr Brassey.
The action these gentlemen aturnipg point the
history enteruise For led shortly aer union ~
the well known firm Of Glass Elliot 60, with the GuA
A. The Telegraph Conssrncton and Malnenance Company
which included only Mr. Brsscy and Mr. PeDder but other
great OF wealth such Mr. George Elliot and Mi Barclay
OF London aud Mr. Henry Bcwey OF dublin and which
reinforced with immense capital took up The whole enterprise
In is strong We needed have said 1900 600 and with
all efforts England and America had raised only
ss3oOO Ths new company nov came forward and offered
20 take the whole remaining 4J5 O-bcsde fiO00O Of the
bonds and make Us profits contingent success Mr.
Richard A. Glass made Managing Director aud gave en-
ergy and vgOr all ts departments being admiralty seconded
by the Secretary Mr. Shutter Mr. Glass has been recently
knghed for BIZ services ~ carrying GU, the Atlantic Telegraph
IA honor whinh be most justly deserves
few DAYS half gentlemen Joined together and
t the Great lay the cable and Ut the head Of
this company placed Mr. Daniel CO0ch member Of Par
lament aud Chairman Of the Great Western Railway who
with in both the expeditions which followed aud who
hasIa of