“Saturday, October 30th.—Most of the firms that have suspended are those that have been doing too much business for their capital, but confidence is so shaken that many stocks are being sold at whatever they will bring. Think perhaps have seen worst, but don’t yet see signs permanent improvement.”
“Monday, November 1st.—Western Union sold before panic at 90. Has sold in last few days less than 44.”
We find these entries in his diary:
“January 13th, 1874.—Arrived in London.”
“February 14th.—Sailed from Liverpool for New York in the Cuba; fifty-sixth voyage.”
This letter followed him to New York:
“11 Carlton House Terrace,
“March 31, 1874.
“My dear Mr. Cyrus Field,—When I was about to thank you for your kind letter of the 10th, I received that of the 17th announcing to me the funeral of Mr. C. Sumner, and the great manifestation of feeling which it called forth.
“His loss must be heavily felt, and his name will long be remembered in connection with the abolition of slavery, which was wrought out in the United States by methods so wonderful and so remote from the general expectation.