Transatlantic cable

Definition and stakes

Thomas Forester,  Rambles in the Islands of Corsica and Sardinia

“ Newall and Co., after completing their contract for one half, 1250 miles, of the Transatlantic cable, lost no time in proceeding with the manufacture of the Mediterranean cables at their works in Birkenhead. Towards the end of August, the African cable, with some portion of the Malta cable, was shipped in the Mersey aboard their steamship Elba, the vessel before employed in laying down the cable between Varna and Constantinople. It should be mentioned that the African cable contained four wires, so that it was more ponderous and less flexible than the Atlantic cable, which has only one. ”
Source: Gutenberg

Sir Charles Bright,  The Story of the Atlantic Cable

“ At the present time (1903) , thanks to competition, to technical improvements in the plant, and increased traffic—bringing in its train those economies in the working which are always possible in a larger scale of operation—the rate stands at 1s. a word with all the Atlantic companies. Some day we may, perhaps, see a sixpenny transatlantic tariff in permanent force.
Fig. 45.—Atlantic Cable Systems, 1903.
Revenue.—The fifteen Atlantic cables now in use represent a total capital of well over £20,000,000 sterling. A knowledge of the profits derived from each system is not readily arrived at
”
Source: Gutenberg

Sir Charles Bright,  The Story of the Atlantic Cable

“ Bright, and also Whitehouse, had already proved the possibility of signaling through such a length of insulated wire as that involved by an Atlantic line. The soundings that had been recently taken showed that the depth was only unfavorable in the sense of being something far—but uniformly—greater than that in which any cable had previously been submerged. Finally, the favorable nature of the landing rights secured by Field on the other side went a long way toward insuring against competition, apart from the actual permission. ”
Source: Gutenberg

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