The Story of the Atlantic Telegraph

Yet while doing so much for the public, those who saw Peter Cooper in his family knew how he retained the simple habits of early life--how, while giving hundreds of thousands to others, he cared to spend little on himself; how he remained the same modest, kindly old man; the pure, the generous, and the good. His was "The good gray head that all men knew," and that was sadly missed when, nearly thirty years after, in 1883, at the age of ninety-two, he was borne to his grave. It is a pleasant remembrance that the beginning of this enterprise was connected with that honored name. Mr. Field next addressed himself to Mr. Moses Taylor, a well-known capitalist of New York, engaged in extensive business reaching to different parts of the world, and whose daily observation of all sorts of enterprises, both sound and visionary, made him perhaps a severer judge of any new scheme. With this gentleman he had then no personal acquaintance, but sent a note of introduction from his brother, David Dudley Field, with a line requesting an interview, to which Mr. Taylor replied by an invitation to his house on an evening when he should be disengaged. As these two gentlemen afterwards became very intimately associated, they often recurred to their first interview. Said Mr. Field: "I shall never forget how Mr. Taylor received me. He fixed on me his keen eye, as if he would look through me: and then, sitting down, he listened to me for nearly an hour without saying a word." This was rather an ominous beginning. However, his quick mind soon saw the possibilities of the enterprise, and the evening ended by an agreement--conditional, like Mr. Cooper's--to enter into it.