The British telegraph sector is a significant example of Victorian capitalism. From a technological point of view, it is collocated across the two industrial revolutions. It was introduced by entrepreneurial innovators in the first part of nineteenth century to then be developed and extended in the later phase, especially for the maritime use, by scientists with an interest in practical applications. From the point of view of business, British telegraphs incarnated all the contradictions of European liberalism in the 1860s, which, while aspiring the values of free competition did not disdain the pragmatism of cartel agreements and natural monopolies.
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