Samuel F. B. Morse, His Letters and Journals - In Two Volumes, Volume II by Samuel F. B. (Samuel Finley Breese) Morse
page 334 of 596 (56%)
page 334 of 596 (56%)
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vindicate the fame of its true author. Nothing but your generous
confidence has rendered my position tolerable, and enabled me to meet the countless difficulties with which my path has been beset with any degree of success. And now, at the end of a ten years' war, I am prepared to retire from the field and leave the future to other hands, if I can but see your interests, secured beyond contingency, and a moderate competency provided for my family and myself." The company referred to in this letter was one proposed by Cyrus W. Field and other capitalists of New York. The plan was to purchase the patent rights of Morse, Kendall, Vail, and F.O.J. Smith, and, by means of the large capital which would be at their command, fight the pirates who had infringed on the patent, and gradually unite the different warring companies into one harmonious concern. A monopoly, if you will, but a monopoly which had for its object better, cheaper, and quicker service to the people. This object was achieved in time, but, unfortunately for the peace of mind of Morse and Kendall, not just then. The name of Cyrus Field naturally suggests the Atlantic Cable, and it was just at this time that steps were being seriously taken to realize the prophecy made by Morse in 1843 in his letter to the Secretary of the Treasury: "The practical inference from this law is that a telegraphic communication on the electro-magnetic plan may with certainty be established across the Atlantic Ocean! Startling as this may now seem I am confident the time will come when this project will be realized." In 1852 a company had been formed and incorporated by the Legislature of Newfoundland, called the "Newfoundland Electric Telegraph Company." The object of this company was to connect the island by means of a cable with the mainland, but this was not accomplished at that time, and no |
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