TELEGRAPHIC BUSINESS OF THE WORLD.
The amount of telegraphic businessdone annually is something appalling. The number of messages reported in 1891 to the Bureau International was 595,678,651. The figures are still weighter if we consider the short time it has taken to reach them ; that is, if we remember what a new theory the telegraph itself is, how the first practical telegraph dates from 1837, Morse’s first message from 1844, the first English telegraphic' . company’.. from 1846; that in 1851 the Whole number of messages sent in Great Britain were 3> less than 50,000, the first to Calais (a cable still in use, hy'paranthesis), from 1851, the first Atlantic cable from 1858; , 3 3
The capital engaged fits the, figures above. The Western Union has an authorised capital of £24, 000,000, paying a yearly dividend of, from.fi or 7, percent; the Eastern Telegraph over £6,000,000..; the Eastern Extension Company nearly • £4/000,000 j The Infio European Telegraph Company £4,500,000. Of the’ ambiiht invested J in Government telegraphs there is no means of knowing, . 3 *
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Te Aroha News, Volume XI, Issue 1733, 24 April 1895, Page 2
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173TELEGRAPHIC BUSINESS OF THE WORLD. Te Aroha News, Volume XI, Issue 1733, 24 April 1895, Page 2
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