Thread Across the Ocean by John Steele Gordon

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  • Pub. Date: July 2003
  • 272pp
  • Sales Rank: 290,852
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    Product Details

    • Pub. Date: July 2003
    • Publisher: HarperCollins Publishers
    • Format: Paperback, 272pp
    • Sales Rank: 290,852

    Synopsis

    Before the intervention of the electronic telegraph, news moved at the speed of humans or, in the case of information crossing the Atlantic Ocean, at the speed of ships. American businessman Cyrus Field is give the lion's share of the credit for changing that situation in this work describing his twelve years and five attempts at laying the transatlantic cable between Newfoundland and Ireland. The failures and successes of Field's activities are here recounted in a narrative that focuses equally on problems of technology and problems of business. This is a paper edition reprint of a 2002 book. Annotation ©2004 Book News, Inc., Portland, OR

    Publishers Weekly

    Most of us don't think twice about picking up the phone and reaching someone in Germany in a matter of seconds. We often forget that less than 150 years ago, if one wanted to do business in Europe, one got on a boat for two weeks because the only way to do business was in person. Perhaps the biggest force in making worldwide commerce relatively simple was the laying of the transatlantic cable in 1866, which made communication first via telegraph, then by phone possible. American Heritage writer Gordon (The Business of America) chronicles the quest to lay the cable, offering a fascinating account that will appeal to history buffs and businesspersons alike. On one level, it's a purely historical account of the battle to navigate the ocean's floor and to figure out not only what should be inside the cable but also how to keep it in place. On another level, by focusing on entrepreneur Cyrus Field, the author traces what was in essence a venture capital deal. He begins with Field gathering wealthy investors the initial funding was equal to 2.5% of the entire federal budget and ends, after 12 years and five distinct failures, with all of them striking it rich. This is an appealing account on both levels and an entertaining reminder of the storied past of expensive technology gambles. Illus. Agent, Katinka Matson. (July) Copyright 2002 Cahners Business Information.

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    Biography

    John Steele Gordon is a columnist for American Heritage and the author of A Thread Across the Ocean, The Great Game, Hamilton's Blessing, and The Scarlet Woman of Wall Street. His writing has appeared in the New York Times and the Wall Street Journal. He lives in North Salem, New York.

    Customer Reviews

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    A Thread Across the Oceanby Anonymous

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    September 03, 2002: John Steele Gordon has told the story of the Atlantic Cable by relying only on published sources. There is no evidence of any original research, and though he tells the story well, Gordon relates only a small portion of the twelve-year epic shouldered by the men, the ships, and the financiers on two continents that together accomplished what was perhaps the greatest achievement of the 19th century. The strength of the book is Gordon's ability to tell a good story. The weakness of the book is filling too many pages with biographical information about minor players and dwelling too much on the national economy and the industrial revolution. The reader never gets involved with any of the players but Cyrus Field, which is a rehash of Samuel Carter's excellent biography of the man. Had Gordon eliminated some of the chaff and concentrated more on the book, he could have written a better account. To lay a submarine cable in water two-and-one-half-miles deep across almost 2,000 miles of the hostile North Atlantic created many battles ashore. Those were the conflicts between engineers, scientists, and promotors over technology issues that had never been addressed. Those conflicts, which made and destroyed reputations, were as much a part of the story as finding the money to finance and implement the project. For inexplicable reasons, Gordon never developed this aspect of the story. Nor did he mention the great competition with the Western Union, which was in the process of connecting America with Europe by cabling under Bering Strait and running land lines across Siberia to St. Petersburg and beyond. A good book on the Atlantic cable had not been written for more than thirty years, and a thorough work showing a balanced history of America's contribution (which was small), and Great Britain's contribution is still needed. Gordon deserves five stars for his timing but only two stars for his book because he left the project undone.