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Updated: May 6, 2025
All well. Thank God, the cable is laid, and is in perfect working order. Cyrus W. Field." There was no failure in the communication this time. The electric current has continued to flow strongly and uninterruptedly from that day until the present, and experience has demonstrated for the wonderful wire a capacity far beyond the hopes of its projectors.
Too true! and our merchants, brokers, bankers, projectors of Companies, parade our City to remind us of the poor steamed fellows trooping out of the burst-boiler-room of the big ship Leviathan, in old years; a shade or two paler than the crowd o' the passengers, apparently alive and conversible, but corpses, all of them to lie their length in fifteen minutes.
All of this transformation has come about within a relatively short period, much of it in our own time. But a little while ago the railroad projectors begged and implored, tricked and bribed; and had the law been enforced, would have been adjudged criminals and consigned to prison.
On the other hand, some projectors, whose enterprises he had discouraged as unsound or premature, complained that so far from being a visionary, he was in fact a pessimist, a discouraging force that stood in the way of that "development of the country" from which they hoped for personal gain of one kind or another.
The goats were easily captured and taken on board the schooner, and thence to shore but many were drowned in the transit, and when driven to San Francisco the dead were scattered all along the route. Although wild they seemed to lack the vitality that tame goats possess. The speculation proved a disappointment to the projectors.
There was James Wilson of Pennsylvania, born and educated in Scotland, one of the most learned jurists this country has ever seen. Beside him sat the financier, Robert Morris, and his namesake Gouverneur Morris of Morrisania, near the city of New York, the originator of our decimal currency, and one of the far-sighted projectors of the Erie Canal.
Whatever views likewise might be entertained of promoting by these measures the Catholic religion, they could only tend to render all the other schemes abortive, and make them fall with inevitable ruin upon the projectors.
This singularity proves the facility with which the Lakes of Neufchâtel and Geneva might be made to communicate with each other. Accordingly, a canal has long since been commenced; but its projectors have made little progress in their undertaking.
The latter announcement is at first discouraging, because effective teaching must require intellectual exercise and application, which may not always prove attractive. As regards the former, it seems as if the projectors were really going at last to recognise dancing as one of the most delightful, healthful, and innocent amusements possible.
I confess when I began to search into the Conduct of these Men, at least of some of them, I found there were abundance of black Stories to be told of them, a great deal known, and a great deal more unknown; for they were from the beginning continually Encroaching into all sorts of People and Societies, and in Conjunction with some that were not qualify'd by Law, but meerly Voluntarily, call'd in the Moon by a hard long Word, in English signifying PROJECTORS these erected Stocks in Shadows, Societies in Nubibus, and Bought and Sold meer Vapour, Wind, Emptiness and Bluster for Mony, till they drew People in to lay out their Cash, and then laught at them.
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