Sunday, April 22, 2012

Other Telegraph Companies and Radio Producers

The new requirement that all ships must carry radio sets and fully staff their radio crew was a big boost to the radio industry in general, not just Marconi's gang.

Who were the other telegraph companies and radio producers?  Perhaps the first company on the list, one that begs for attention, is American Telephone and Telegraph.  It deserves our suspicious attention for the simple reason that it was owned by J.P. Morgan Co, the owners of Titanic, and this branch of the Morgan empire, the "Telegraph and Telephone Trust," definitely made big money from the loss of Titanic.

When one looks at radio telegraphy schools, one also sees an immediate bump in their enrollments and profits.  Educating these new students meant selling a lot of text books and equipment, too!