The Mt. Sterling advocate., 1892-07-19
DEAD /!
Cyrus w. Field Gives Up the
Unequal Contest.
With Him, Death Does Not End
All Here, Any More than
Hereafter.
His Last Days Were Not His
Best Days.

After suffering, prostrated for
months, Cyrus w. Field, one of those
men whose names "wefe not born to
die," on Tuesday morning sank to rest
at his country home in Ardsley Park,
N. j. The calamities that came to
him in his latter days are we'll known.
The financial troubles, resulting from
the failure of Field, Lindlay & Co.
were small as compared with the blow
the old man recei,e by his sons con-
nection with that failure and the sub
sequent incarceration of flIat son in an
insane asylum, coupled to the death of
favorite daughter. All this and
more, bore him down till death be-
came a longed for refuge.
From the Louisville Commercial we
clip the following sketch:
Cyrus w. Field was born in Stock
bridge, Mass, November 80, 1919, and
received his education in his native
town. AT the age of fifteen he moved
to New York, where his brother,
David Dudley Field, secured situa-
ton for him in the employ of A. T.
Stewart. When he attained his ma
jority he began the manufacture and
sale of paper on his own account, and
in the course of dozen years was at
the head of prosperous business. In
1888 he partially retired, and spent
six months travelling in South Amer
lea,
The project of carrying telegraph
line across the Atlantic ocean was
suggested to him during conversa-
ton with his brother Mathew, in
which aid was solicited for the con-
struction of telegraph route across
Newfoundland. The matter was at
once presented to Peter Cooper, Moses
Taylor, Marshall 0. Robert and Chan
dler White, who agreed to contribute
$2O, 600 each, and the enterprise was
at once organized. David Dudley
Field was the counsel for the COM
pany. After securing the necessary
franchises, Cyrus Field entered upon
the work for which his life is particu-
larly distinguished. He visited Eng
land, solicited financial aid and finally
subscribed in his own name for a one
fourth interest in the company. After
many difficulties and several failures.
the cable was finally laid and COM
successfully established ON
July 27, 1866.
Congress voted Mr.. Field gold
medal and the thanks of the Nation.
while the Prime Minister of England
declared that only the fact that he was
a citizen of another nation prevented
his receiving high honors from the
British Government. In 1869 he at
tended the opening of the Suez Canal
as the representative of the New York
Chamber of Commerce.
In 1876 he became interested i'm the
development of system of elevated
railways in the city of New York, and
devoted much of his thought and CAP
ltal to their successful establishment.
LII looo nc Inaue a trip around the
world.
Mr.. Field was one of the Napoleons
Of Finance in the great metropolis,
and became a multi-millionaire. In
recent years he got squeezed in
Wall street deal led by Gonld, and
was badly crippled in his resources.
rhe crowning misfortune of his life
vas the failure of his son, Edward,
inder peculiarly distressing circum,
stances, involving not only the remain
ler of the fortune Of the family, but
ts honor as well. This happened
everal months ago, and the elder
1ield collapsed under the blow. Since
hen he has been expected to die at '
my time, but his remarkable vitality ,
prolonged the struggle.