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The Speed of Business Communication, 1883

Published online by Cambridge University Press:  24 July 2012

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Abstract

The impact of the telegraph upon the nineteenth-century business world was revolutionary in its magnitude. By economically and swiftly separating communications from transportation, telegraphy increased the flow of reliable information and the pace of business decision-making to a degree unapproached by any previous innovation.

Type
Lagniappe
Information
Business History Review , Volume 38 , Issue 3 , Autumn 1964 , pp. 370 - 375
Copyright
Copyright © The President and Fellows of Harvard College 1964

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References

1 Report of the Committee of the Senate upon the Relations between Labor and Capital and Testimony Taken by the Committee (5 vols., Washington, 1885). Green's testimony, given in New York, August 30, 31, and September 3, 1883, is in vol. I, pp. 864–968. The excerpts above are from pp. 868–882.