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It is approximated that in between 1857 and 1867 the company's value grew by 11,000 percent. In 1866, its network included about 100,000 miles of wire and its capital stock worth was in excess of $40 million. At the end of the 19th century, demands for restrictions on Western Union's power led to the passage of the Mann-Elkins Act of 1910, approving the Interstate Commerce Commission regulative oversight of telegraph rates.
By this time, the radio and telephone had actually lessened the impact of the telegraph. World Changes Due to the Telegraph, Prior to the telegraph, interaction in the 1830s had to do with the like it had been in the years simply after Gutenberg's development of the printing press. It took days, weeks, and even months for messages to be sent out from one location to a far-flung position.
Prior to the telegraph, politics and company were constrained by geography. The world was divided into isolated areas. There was restricted knowledge of national or international news, and that which was shared was generally rather dated. After The Latest Info Found Here , the world changed. It seemed as if details might flow like water.
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The telegraph would alter organization and politics. It would make the world smaller, remove national rivalries and contribute to the establishment of world peace. It would make newspapers obsolete. All of the same statements were made in the 1990s by people who were wowed by the first-blush capacity of the Internet.
Smith in 1838, Morse wrote:"This mode of immediate interaction need to inevitably end up being an instrument of enormous power, to be wielded for great or for evil, as it will be properly or improperly directed."The reaction of Senator Smith of Indiana after a demonstration of the telegraph by Morse for members of Congress in 1842, as reported in the 1915 book "A History of Travel in America":"I saw his countenance closely, to see if he was not psychopathic and I was ensured by other senators after we left the room that they had no confidence in it."When Congress was asked to supply funds for a telegraph line in between Baltimore and New York City, the Congressional World (28th Congress, second session) reported that Sen.
