1865-1866 The Trans Atlantic Telegraph Finally Successful
The Great Eastern Returning to a Buoy Marking a Break in the Cable (A painting by Robert Dudley) Cyrus Field's powers of persuasion must have been enormous. After the spectacular and expensive failure of the 1858 cable he raised funds for another effort in 1865. Though he came from a reasonably prosperous middle class family, Field's rise was really "rags to riches" and his enemies never let him forget it calling him "a junk collector." Though a wealthy man Field was officially a New York City licensed junk collector. His paper mills supplemented wood pulp paper with cotton rags. He had rag collecting contracts much like a recycling company would have today with a steel mill. To keep warehouses full of rags, Field was officially licensed as a "junk collector." Field kept up with telegraph technology. Blame for the failure of the 1858 cable was tossed back and forth among several of the key players. Th...