Atlantic Telegraph Company
Encyclopedia
The Atlantic Telegraph Company was a company formed in 1856 to undertake and exploit a commercial telegraph cable across the Atlantic ocean
Atlantic Ocean
The Atlantic Ocean is the second-largest of the world's oceanic divisions. With a total area of about , it covers approximately 20% of the Earth's surface and about 26% of its water surface area...

, the first such telecommunications link.

The project stemmed from an agreement between Cyrus Field
Cyrus West Field
Cyrus West Field was an American businessman and financier who, along with other entrepreneurs, created the Atlantic Telegraph Company and laid the first telegraph cable across the Atlantic Ocean in 1858.-Life and career:...

, John Watkins Brett
John Watkins Brett
John Watkins Brett , was a telegraphic engineer.Brett was the son of a cabinetmaker, William Brett of Bristol, and was born in that city in 1805. Brett has been styled, with apparent justice, the founder of submarine telegraphy. The idea of transmitting electricity through submerged cables is said...

 and Charles Tilston Bright
Charles Tilston Bright
Sir Charles Tilston Bright was a British electrical engineer who oversaw the laying of the first transatlantic telegraph cable in 1858, for which work he was knighted....

 and was incorporated
Incorporation (business)
Incorporation is the forming of a new corporation . The corporation may be a business, a non-profit organisation, sports club, or a government of a new city or town...

 in December 1856 with £350,000 capital
Capital (economics)
In economics, capital, capital goods, or real capital refers to already-produced durable goods used in production of goods or services. The capital goods are not significantly consumed, though they may depreciate in the production process...

, raised principally in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

, Liverpool
Liverpool
Liverpool is a city and metropolitan borough of Merseyside, England, along the eastern side of the Mersey Estuary. It was founded as a borough in 1207 and was granted city status in 1880...

, Manchester
Manchester
Manchester is a city and metropolitan borough in Greater Manchester, England. According to the Office for National Statistics, the 2010 mid-year population estimate for Manchester was 498,800. Manchester lies within one of the UK's largest metropolitan areas, the metropolitan county of Greater...

 and Glasgow
Glasgow
Glasgow is the largest city in Scotland and third most populous in the United Kingdom. The city is situated on the River Clyde in the country's west central lowlands...

. The board of directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...

 was composed of eighteen members from the UK
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

, nine from the U.S. and three from Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

. The original three projectors were joined by E.O.W. Whitehouse as chief electrician
Electrician
An electrician is a tradesman specializing in electrical wiring of buildings, stationary machines and related equipment. Electricians may be employed in the installation of new electrical components or the maintenance and repair of existing electrical infrastructure. Electricians may also...

. Curtis M. Lampson served ably as vice-chairman for over a decade.

The board recruited mathematician
Mathematician
A mathematician is a person whose primary area of study is the field of mathematics. Mathematicians are concerned with quantity, structure, space, and change....

 William Thomson
William Thomson, 1st Baron Kelvin
William Thomson, 1st Baron Kelvin OM, GCVO, PC, PRS, PRSE, was a mathematical physicist and engineer. At the University of Glasgow he did important work in the mathematical analysis of electricity and formulation of the first and second laws of thermodynamics, and did much to unify the emerging...

 (later Lord Kelvin), who had publicly disputed some of Whitehouse's claims. The two enjoyed a tense relationship before Whitehouse was dismissed when the first cable failed in 1858.

When a second cable, under Thomson's supervision, was proposed, a new subsidiary company, the Telegraph Construction and Maintenance Company
Enderby's Wharf
Enderby's Wharf is a wharf and industrial site on the south bank of the Thames in southeast London, associated with Telcon and other companies...

, was formed to execute the new venture.

On the failure of the expedition to lay the second cable in 1865, a third company was formed to raise the capital for a further attempt, the Anglo-American Telegraph Company. The next expedition in 1866 was a success, also succeeding in recovering the lost second cable. The service generated revenues of £1000 in its first day of operation.
The approximate price to send a telegram was: one word, one mile (1.6 km)= $0.0003809

Historical documents

Secretariat records (two volumes) of the Anglo-American Telegraph Company, 1866-1869, are held by BT Archives
BT Archives
BT Archives is an archive preserving the documentary heritage of BT and its public sector predecessors. It is designated an official place of deposit for Public Records, for those records created prior to BT's privatisation in 1984....

.

External links

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