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nydus/Great Fortunes, and How They Were MadePublic
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CHAPTER XII.

Seventeen offers were made, from which that of Messrs. Glass, Elliott & Co., of London, was selected. Mr. Field now renewed his indomitable efforts, and in a few months the new capital of six hundred thousand pounds was subscribed, Messrs. Glass, Elliott &, Co. taking three hundred and fifteen thousand pounds, besides one hundred thousand pounds in bonds. This was accomplished in 1864, and work on the cable was immediately begun. The cable now adopted was very different from, and much more sensitive than, those which had been used before. It was heavier, and less liable to be injured by the water.

The "Great Eastern" steamship, the greatest wonder of naval architecture, was at this time advertised for sale, and it occurred to several of the gentlemen interested in the telegraph company that she was the best vessel for laying the cable that could be found. They at once organized themselves into a company, purchased the ship, and fitted her up for that service. They were fortunate in securing the services of Captain James Anderson, and placing him in charge of her, sent her to Sheerness, where the cable was sent down to her in lighters from the factory at Greenwich. When the cable was on board, and all the other arrangements had been completed, the big ship left the Thames and sailed for

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