undertaking. Thus, the attention of the English public was gained. Experiments were made by Professor Morse, Mr. Bright, and Dr. Whitehouse, which proved beyond all doubt the ease with which a continuous line of more than two thousand miles of wire could be worked; and Professor Morse was able, from these experiments, to declare his conviction that an electric current could pass between London and New York, on such a wire, in the space of one second.
Science had now done its utmost, and had in every thing sustained the great plan. It was now necessary to ask the aid of Her Majesty's Government. This effort was intrusted to Mr. Field, who carried it through successfully. The English Government agreed to furnish the ships necessary for making soundings and surveys, and to furnish vessels to assist in laying the cable. It also agreed to pay to the company an annual subsidy of fourteen thousand pounds for the transmission of the government messages until the net profits of the company were equal to a dividend of six pounds per cent., when the payment was to be reduced to ten thousand pounds per annum, for a period of twenty-five years. Provision was made for extra payment, in case the government messages exceeded a certain amount; and it was provided that the messages of the Governments of Great Britain and the United States should be placed upon an equal footing, and should have priority in the order in which they arrived at the stations. This last provision exhibited a decided liberality on the part of the English Government, since both ends of the proposed cable would be in British territory. Indeed, throughout the whole negotiation, Great Britain cheerfully accorded to the United States every privilege which she claimed for herself.
Having secured the aid of the Queen's Government on such liberal terms, Mr. Field now undertook the organization of the company, in addition to the task of raising a capital of three hundred and fifty thousand pounds. In both efforts he was effectively assisted by Mr. John W. Brett, who had laid the first cable across the English Channel, and by