Run a taut ship Look before you leap
There were as yet no circuits from London to the cities in the north or west of Britain, only to the south and east. But there was a slow recovery. The strength of the British economy was such that it survived the Railway Mania, the money and the food panics with relative ease; although the reliance in Ireland on the potato crop was devastating to its population and that island's economy.
The emergence of Louis Napoleon in and the subsequent creation of the Second Empire in France in stabilised the rest of Europe and restored economic harmony.
The American war on Mexico was as short as it was brutal and its immediate effects on trade were equally brief. This stabilisation was assisted by the economic impact of immense new gold imports into Europe from California and Australia.
The engineer Charles Samuel West had a mile of submarine cable made in London; it had a single copper core insulated with india-rubber and protected by an outer covering of iron wire. Using a portable distant writing a business detector of Hay's devising and five small Smee silver-zinc cells a perfect circuit was obtained.
The boats then laid the whole cable between the dockyard and the Admiral's house in a quarter of an hour on November 28, It was still in successful operation during the s.
They followed this, with the support of the famous novelist Charles Dickens and the engineer Joseph Paxton, by obtaining authority from Paris to land a cable in France on April 9 in that year.
Even before they were in possession of all of these permissions West and Taylor approached the Electric Telegraph Company in December with an offer to construct and to lease them a four-core cable insulated with india-rubber, an intermediate cover of cotton cloth impregnated with shellac, protected with plaited iron wire, to extend from Dover in England to Calais in France.
West and the Company eventually came to agreement on October 7, The telegraph company had over-extended its capital and prevaricated; another concern stepped in and acquired a monopoly concession of the French government. The opportunity to use tried and tested technology to create the first long underwater telegraph cable was lost.
Charles West, ever nerveless, approached the Imperial government in Paris on December 5, with a request to renew his permission to land telegraph cables in France. He was politely rejected. Survival The Electric Telegraph Company's first five years were ones of negotiation and construction; making deals for access rights or wayleaves, building overhead lines, training and employing clerks, and opening stations, as well as promoting the new medium to the public.
A great deal of money was expended in a short time; but revenues grew slowly. Only in when the skeleton of the national network was completed could the telegraph be said to be secure as a business. By there was a new energy and a new confidence about that Britain in particular benefited from.
It was from this year that the electric telegraph grew in manifold degrees. W F Cooke was elected to the first board of directors of the Electric Telegraph Company and remained with it until the end.What does DeepDive do?
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Education Online for Computer Software Small Business Administration: Resources for students in on. Distant Writing is the history of all of the domestic public telegraph companies formed in Britain from to , as well as of their associated cable companies.
Distant Delicate dance of distant memories darting in and out of a dying soul, as thoughts disintegrate into the disconnected dribble of a disarticulated mind.
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