The Story of the Atlantic Telegraph

But others there were--sharp, shrewd men--who thought they could see through a mill-stone farther than their neighbors, who shook their heads with a knowing air, and said: "It was all a stock speculation." One writer stepped before the public with this solemn inquiry: "Now that the great cable glorification is over, we should like to ask one question: How many shares of his stock did Mr. Field sell during the month of August?" This he evidently thought was a question which could not be answered, except by acknowledging a great imposition on the public. If this brilliant inquirer after truth really desired to be informed, we could have referred him to Messrs. George Peabody & Co., of London, with whom was deposited all of Mr. Field's stock at the time, and who, during that memorable month of August, sold just one share, and that at a price below the par value, which had been paid by Mr. Field himself. Whether this was an object sufficiently great to set two hemispheres in a blaze, we leave him to judge. To those who have followed this narrative, all these conjectures and suspicions will appear very absurd. The personal reflections of course deserved and received only the contempt with which a man of character always scorns an imputation on his personal honor. But while these anonymous scribblers might be despised, many honest people not disposed to think evil were sorely perplexed. That the cable should continue to work for three or four weeks, and then stop the very day of the celebration, was certainly a singular, if not a suspicious circumstance; and it was not to be wondered at that it should excite a painful feeling of doubt. The distrust is quite natural, and ought not to be matter either of offence or surprise. On the contrary, those who are fully satisfied of the facts, ought rather to be glad of the opportunity which such questions afford, to present the amplest vindication.