British And Irish Magnetic Telegraph Company
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British And Irish Magnetic Telegraph Company
The British and Irish Magnetic Telegraph Company (also called the Magnetic Telegraph Company or the Magnetic) was founded by John Brett in 1850. The Magnetic was the principal competitor to the largest telegraph company in the United Kingdom, the Electric Telegraph Company (the Electric). The Magnetic was the leading company in Ireland, while the Electric was the leading company in mainland Britain. Between them, they dominated the market until the telegraph was nationalised in 1870. The Magnetic's telegraph system differed from other telegraph companies. They favoured underground cables rather than wires suspended on poles. This system was problematic because of the limitations of insulation materials available at the time, but the Magnetic was constrained by the wayleaves owned by other companies on better routes. They were also unique in not using batteries which were required on other systems. Instead the operator generated the necessary power electromagnetically. ...
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British & Irish Magnetic Telegraph Co
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, the English language as spoken and written in the United Kingdom or, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *''Brit(ish)'', a 2018 memoir by Afua Hirsch *People or things associated with: ** Great Britain, an island ** United Kingdom, a sovereign state ** Kingdom of Great Britain (1707–1800) ** United Kingdom of Great Britain and Ireland (1801–1922) See also * Terminology of the British Isles * Alternative names for the British * English (other) * Britannic (other) * British Isles * Brit (other) * B ...
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John Pender
Sir John Pender KCMG GCMG FSA FRSE (10 September 1816 – 7 July 1896) was a Scottish submarine communications cable pioneer and politician. Early life He was born in the Vale of Leven, Scotland, the son of James Pender and his wife, Marion Mason. He was educated at Glasgow High School. He became a successful merchant in textile fabrics, first in Glasgow, then in Manchester (where he had a warehouse in Peter Street near The Great Northern Warehouse). He lived at Middleton Hall, County Linlithgow, Foots Cray Place, Sidcup, Kent, and Arlington House, 18 Arlington Street London. Telegraph companies In London 1866, John Pender was the leading financier/director and Chairman of the Companies involved who, with his colleagues, undertook the first successful laying of the transatlantic cable from Valentia Island off the coast of Ireland to Heart's Content, Newfoundland and Labrador. This cable was the most successful and commercially viable of all the transatlantic cables and was 100% ...
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Electric Battery
An electric battery is a source of electric power consisting of one or more electrochemical cells with external connections for powering electrical devices. When a battery is supplying power, its positive terminal is the cathode and its negative terminal is the anode. The terminal marked negative is the source of electrons that will flow through an external electric circuit to the positive terminal. When a battery is connected to an external electric load, a redox reaction converts high-energy reactants to lower-energy products, and the free-energy difference is delivered to the external circuit as electrical energy. Historically the term "battery" specifically referred to a device composed of multiple cells; however, the usage has evolved to include devices composed of a single cell. Primary (single-use or "disposable") batteries are used once and discarded, as the electrode materials are irreversibly changed during discharge; a common example is the alkaline battery used f ...
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Cooke And Wheatstone Telegraph
The Cooke and Wheatstone telegraph was an early electrical telegraph system dating from the 1830s invented by English inventor William Fothergill Cooke and English scientist Charles Wheatstone. It was a form of needle telegraph, and the first telegraph system to be put into commercial service. The receiver consisted of a number of needles which could be moved by electromagnetic coils to point to letters on a board. This feature was liked by early users who were unwilling to learn codes, and employers who did not want to invest in staff training. In later systems the letter board was dispensed with, and the code was read directly from the movement of the needles. This came about because the number of needles was reduced, leading to more complex codes. The change was motivated by the economic need to reduce the number of telegraph wires used, which was related to the number of needles. The change became more urgent as the insulation of some of the early installations deteriorat ...
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Foster Magneto-electric Telegraph
Foster may refer to: People * Foster (surname) * Foster Brooks (1912–2001), American actor * Foster Moreau (born 1997), American football player * Foster Sarell (born 1998), American football player * John Foster Dulles (1888–1959), American diplomat and politician * Sterling Foster Black (1924–1996), American lawyer * Jodie Foster (1962-), American actor Places ;Australia * Foster, Victoria ;Canada * Foster, Quebec, a village, now part of the town of Broke Lake ;United Kingdom * Foster Mill, in Cambridge, England ;United States * Foster (CTA), elevated transit station in Evanston, Illinois, USA * Foster, California (other) ** Foster, San Diego County, California * Foster, Indiana * Foster, Kentucky * Foster, Washtenaw County, Michigan * Foster, Minnesota * Foster, Missouri * Foster, Nebraska * Foster, Oklahoma * Foster, Oregon * Foster, Rhode Island * Foster Township, Michigan * Foster, Wisconsin (other) ** Foster, Clark County, Wisconsin, a to ...
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Liquidation
Liquidation is the process in accounting by which a company is brought to an end in Canada, United Kingdom, United States, Ireland, Australia, New Zealand, Italy, and many other countries. The assets and property of the company are redistributed. Liquidation is also sometimes referred to as winding-up or dissolution, although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or agency in a country responsible for collecting and safeguarding customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry. Liquidation may either be compulsory (sometimes referred to as a ''creditors' liquidation'' or ''receivership'' following bankruptcy, which may result in the court creating a "liquidation trust") or voluntary (sometimes referred to as a ''shareholders' liquidation'', although some voluntary liquidations are controlled by the creditors). The ter ...
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Telegraph Act 1868
The Telegraph Act 1868 (31 & 32 Vict. c.110) was an Act of the Parliament of the United Kingdom. It paved the way for the British state to take over telegraph companies and/or their operations. It has been effectively repealed (only s.1, providing the short title remains in force). It was one of Post Office Acts 1837 to 1895.The Short Titles Act 1896, section 2(1) and Schedule 2 See also *General Post Office *Telegraph Act *UK public service law *''Attorney General v Edison Telephone Co of London Ltd ''Attorney General v Edison Telephone Co of London Ltd'' (1880–81) LR 6 QBD 244 is an interesting English law case on the application of the old Telegraph Act 1869. It held that the monopoly of the Post Office under the statute extended to tel ...'' (1880–81) LR 6 QBD 244 ReferencesTerramediaUK media law - accessed 6 March 2009 United Kingdom Acts of Parliament 1868 1868 in British law Telecommunications in the United Kingdom {{UK-statute-stub ...
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Nationalization
Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or to assets owned by lower levels of government (such as municipalities) being transferred to the state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization. Industries often subject to nationalization include the commanding heights of the economy – telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water – though, in many jurisdictions, many such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. ...
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Press Agency
A news agency is an organization that gathers news reports and sells them to subscribing news organizations, such as newspapers, magazines and radio and television broadcasters. A news agency may also be referred to as a wire service, newswire, or news service. Although there are many news agencies around the world, three global news agencies, Agence France-Presse (AFP), the Associated Press (AP), and Reuters have offices in most countries of the world, cover all areas of information, and provide the majority of international news printed by the world's newspapers. All three began with and continue to operate on a basic philosophy of providing a single objective news feed to all subscribers. Jonathan Fenby explains the philosophy: To achieve such wide acceptability, the agencies avoid overt partiality. Demonstrably correct information is their stock in trade. Traditionally, they report at a reduced level of responsibility, attributing their information to a spokesman, the pre ...
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Threadneedle Street
Threadneedle Street is a street in the City of London, England, between Bishopsgate at its northeast end and Bank junction in the southwest. It is one of nine streets that converge at Bank. It lies in the ward of Cornhill. History The street is famous as the site of the Bank of England; the bank itself is sometimes known as 'the Old Lady of Threadneedle Street' and has been based at its current location since 1734. The London Stock Exchange was also situated on Threadneedle Street until 2004, when it relocated to nearby Paternoster Square. The Baltic Exchange was founded in the on Threadneedle Street in 1744; it is now located on St Mary Axe. Etymology Some believe that the name originated as Three Needle Street (first attested in 1598), perhaps from a signboard portraying three needles, or from the three needles on the arms of needle-makers who had premises on the street. The threads and needles used by the members of the Worshipful Company of Merchant Taylors is another ...
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Cartel
A cartel is a group of independent market participants who collude with each other in order to improve their profits and dominate the market. Cartels are usually associations in the same sphere of business, and thus an alliance of rivals. Most jurisdictions consider it anti-competitive behavior and have outlawed such practices. Cartel behavior includes price fixing, bid rigging, and reductions in output. The doctrine in economics that analyzes cartels is cartel theory. Cartels are distinguished from other forms of collusion or anti-competitive organization such as corporate mergers. Etymology The word ''cartel'' comes from the Italian word '' cartello'', which means a "leaf of paper" or "placard", and is itself derived from the Latin ''charta'' meaning "card". The Italian word became ''cartel'' in Middle French, which was borrowed into English. In English, the word was originally used for a written agreement between warring nations to regulate the treatment and exchange of p ...
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William Fothergill Cooke
Sir William Fothergill Cooke (4 May 1806 – 25 June 1879) was an English inventor. He was, with Charles Wheatstone, the co-inventor of the Cooke-Wheatstone electrical telegraph, which was patented in May 1837. Together with John Ricardo he founded the Electric Telegraph Company, the world's first public telegraph company, in 1846. He was knighted in 1869. Life He was born at Ealing, Middlesex; his father, William Cooke, was a surgeon there, and later was appointed professor of anatomy at the University of Durham. He was educated at Durham School and at the University of Edinburgh, and at the age of 20 entered the Indian Army. After five years' service in India Cooke returned home; then studied medicine in Paris, and at Heidelberg under Georg Wilhelm Munke. In 1836 he saw electric telegraphy, then only experimental: Munke had illustrated his lectures with a telegraphic apparatus on the principle introduced by Pavel Schilling in 1835. Cooke decided to put the invention into pr ...
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