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that these great steamers might land an army in Canada

before an American army could be organized and marched

to that province。  It might be that the United States

would be forced to defend her borders; instead of

invading those of the enemy。

   

In every fort and navy…yard all was activity; the

hammering of iron went on by day and by night; but what

was to be done when the great ironclads of England

hammered upon our defences?  How long would it be

before the American flag would be seen no more upon the

high seas?

   

It is not surprising that the Government found its

position one of perilous responsibility。  A wrathful

nation expected of it more than it could perform。

   

All over the country; however; there were

thoughtful men; not connected with the Government; who

saw the perilous features of the situation; and day by

day these grew less afraid of being considered

traitors; and more willing to declare their convictions

of the country's danger。  Despite the continuance of

the national enthusiasm; doubts; perplexities; and

fears began to show themselves。

   

In the States bordering upon Canada a reactionary

feeling became evident。  Unless the United States navy

could prevent England from rapidly pouring into Canada;

not only her own troops; but perhaps those of allied

nations; these Northern States might become the scene

of warfare; and whatever the issue of the contest;

their lands might be ravished; their people suffer。

   

From many quarters urgent demands were now pressed

upon the Government。  From the interior there were

clamours for troops to be massed on the Northern

frontier; and from the seaboard cities there came a cry

for ships that were worthy to be called men…of…war;

ships to defend the harbours and bays; ships to repel

an invasion by sea。  Suggestions were innumerable。 

There was no time to build; it was urged; the

Government could call upon friendly nations。  But wise

men smiled sadly at these suggestions; it was difficult

to find a nation desirous of a war with England。

   

In the midst of the enthusiasms; the fears; and the

suggestions; came reports of the capture of

American merchantmen by fast British cruisers。  These

reports made the American people more furious; the

American Government more anxious。

   

Almost from the beginning of this period of

national turmoil; a party of gentlemen met daily in one

of the large rooms in a hotel in New York。  At first

there were eleven of these men; all from the great

Atlantic cities; but their number increased by arrivals

from other parts of the country; until at last they;

numbered twenty…three。  These gentlemen were all great

capitalists; and accustomed to occupying themselves

with great enterprises。  By day and by night they met

together with closed doors; until they had matured the

scheme which they had been considering。  As soon as

this work was done; a committee was sent to Washington;

to submit a plan to the Government。

   

These twenty…three men had formed themselves into a

Syndicate; with the object of taking entire charge of

the war between the United States and Great Britain。

   

This proposition was an astounding one; but the

Government was obliged to treat it with respectful

consideration。  The men who offered it were a power

in the land;a power which no government could afford

to disregard。

   

The plan of the Syndicate was comprehensive;

direct; and simple。  It offered to assume the entire

control and expense of the war; and to effect a

satisfactory peace within one year。  As a guarantee

that this contract would be properly performed; an

immense sum of money would be deposited in the Treasury

at Washington。  Should the Syndicate be unsuccessful;

this sum would be forfeited; and it would receive no

pay for anything it had done。

   

The sum to be paid by the Government to the

Syndicate; should it bring the war to a satisfactory

conclusion; would depend upon the duration of

hostilities。  That is to say; that as the shorter the

duration of the war; the greater would be the benefit

to the country; therefore; the larger must be the pay

to the Syndicate。  According to the proposed contract;

the Syndicate would receive; if the war should continue

for a year; one…quarter the sum stipulated to be paid

if peace should be declared in three months。

   

If at any time during the conduct of the war by the

Syndicate an American seaport should be taken by

the enemy; or a British force landed on any point of

the seacoast; the contract should be considered at an

end; and security and payment forfeited。  If any point

on the northern boundary of the United States should be

taken and occupied by the enemy; one million dollars of

the deposited security should be forfeited for every

such occupation; but the contract should continue。

   

It was stipulated that the land and naval forces of

the United States should remain under the entire

control of the Government; but should be maintained as

a defensive force; and not brought into action unless

any failure on the part of the Syndicate should render

such action necessary。

   

The state of feeling in governmental circles; and

the evidences of alarm and distrust which were becoming

apparent in Congress and among the people; exerted an

important influence in favour of the Syndicate。  The

Government caught at its proposition; not as if it were

a straw; but as if it were a life…raft。  The men who

offered to relieve the executive departments of their

perilous responsibilities were men of great ability;

prominent positions; and vast resources; whose

vast enterprises had already made them known all over

the globe。  Such men were not likely to jeopardize

their reputations and fortunes in a case like this;

unless they had well…founded reasons for believing that

they would be successful。  Even the largest amount

stipulated to be paid them in case of success would be

less than the ordinary estimates for the military and

naval operations which had been anticipated; and in

case of failure; the amount forfeited would go far to

repair the losses which might be sustained by the

citizens of the various States。

   

At all events; should the Syndicate be allowed to

take immediate control of the war; there would be time

to put the army and navy; especially the latter; in

better condition to carry on the contest in case of the

failure of the Syndicate。  Organization and

construction might still go on; and; should it be

necessary; the army and navy could step into the

contest fresh and well prepared。

   

All branches of the Government united in accepting

the offer of the Syndicate。  The contract was signed;

and the world waited to see what would happen next。



The influence which for years had been exerted by

the interests controlled by the men composing the

Syndicate; had its effect in producing a popular

confidence in the power of the members of the Syndicate

to conduct a war as successfully as they had conducted

other gigantic enterprises。  Therefore; although

predictions of disaster came from many quarters; the

American public appeared willing to wait with but

moderate impatience for the result of this novel

undertaking。

   

The Government now proceeded to mass troops at

important points on the northern frontier; forts were

supplied with men and armaments; all coast defences

were put in the best possible condition; the navy was

stationed at important ports; and work at the ship…

yards went on。  But without reference to all this; the

work of the Syndicate immediately began。

   

This body of men were of various politics and of

various pursuits in life。  But politics were no more

regarded in the work they had undertaken than they

would have been in the purchase of land or of railroad

iron。  No manifestoes of motives and intentions were

issued to the p

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