The Great Events by Famous Historians, Volume 17 by Unknown
page 30 of 495 (06%)
page 30 of 495 (06%)
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resources of our imperial domain, has generally been found to prevail
among people of modest means. Thus, nearly every dollar of capital contributed toward the establishment of telegraph lines in this country came from the offerings of people in very moderate circumstances. In this connection, therefore, it is extremely gratifying to state that very few enterprises of any kind have returned such generous recompense for the amount of capital invested as the telegraph and telephone lines in America. Considering the apparently temporary and short-lived character of the structures erected for these purposes, it seems difficult to comprehend the truth of this statement. The method of telegraphic communication devised by Professor Morse has been continued in general use in this country, but instead of requiring separate wire for each circuit as formerly, six independent circuits are now operated simultaneously over a single wire by the use of the sextuplex apparatus. (1846) REPEAL OF THE ENGLISH CORN LAWS, Justin McCarthy After the repeal of the corn laws the tariff legislation of Great Britain was guided by a new policy, that of free trade, and it has been followed ever since. The reactionary tendencies of Continental Europe after the fall of Napoleon reached also to England, where they controlled the conduct of political affairs until Canning, in 1822, became Secretary for Foreign Affairs. His policy was liberal and did much in forming the public opinion that at length found voice in |
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