The Story of the Atlantic Telegraph

CHAPTER VI. THE WORK BEGUN IN ENGLAND. Up to this time the Telegraph, which was destined to pass the sea, had been purely an American enterprise. It had been begun, and for over two years had been carried on, wholly by American capital. "Our little company," said Mr. Field ten years after, "raised and expended over a million and a quarter of dollars before an Englishman paid a single pound sterling." Mr. Brett was the first one to take a few shares. But this was not to the discredit of England, for the American public had done no better. Not a dollar had been raised this side the Atlantic, outside of the little circle in which the scheme had its origin. No stock or bonds were put upon the market; no man was asked for a subscription. If they wanted money, they drew their checks for it. At one time, indeed, two hundred and fifty thousand dollars of bonds were issued, but they were at once taken wholly by themselves. But, as the time was now come when the long-meditated attempt was to be made to carry the Telegraph across the ocean, it was fitting that Great Britain, whose shores it was to touch, should join in the work. Accordingly, in the summer of 1856, after finishing all that he could do in America, Mr. Field sailed with his family for England. The very day before he embarked, he had the pleasure to see his friend, Lieutenant Berryman, off on his second voyage to make soundings across the Atlantic.