Yet the Telegraph could not have been entrusted to more genuinely honest and able hands.

On the part of those he represented this confidence was so complete that their interests were committed to him without reserve." Professor Gale and Alfred Vail joined with Morse in entrusting their interests to Mr.Kendall's care, but F.O.J.Smith preferred to act for himself.

This caused much trouble in the future, for it was a foregone conclusion that the honest, upright Kendall and the shifty Smith were bound to come into conflict with each other.

The latter, as one of the original patentees, had to be consulted in every sale of patent rights, and Kendall soon found it almost impossible to deal with him.
At first Kendall had great difficulty in inducing capitalists to subscribe to what was still looked upon as a very risky venture.

Mr.
Corcoran, of Washington, was the first man wise in his generation, and others then followed his lead, so that a cash capital of $15,000 was raised.