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PENDER, SIR JOHN (1816—1896)

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Originally appearing in Volume V21, Page 87 of the 1911 Encyclopedia Britannica.
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PENDER, See also:SIR See also:JOHN (1816—1896) , See also:British See also:cable See also:pioneer, was See also:born in the Vale of See also:Leven, See also:Scotland, on the loth of See also:September 1816, and after attending school in See also:Glasgow became a successful See also:merchant in textile fabrics in that See also:city and in See also:Manchester. His name is chiefly known in connexion with submarine cables, of which on the commercial See also:side he was an important See also:promoter. He was one of the 3.15 contributors who each risked a thousand pounds in the Transatlantic Cable in 1857, and when the See also:Atlantic See also:Telegraph See also:Company was ruined by the loss of the 1865 cable he formed the Anglo-See also:American Telegraph Company to continue the See also:work, but it was not till he had given his See also:personal See also:guarantee for a See also:quarter of a million pounds that the makers would under-take the manufacture of a new cable. But in the end he was justified, and telegraphic communication with See also:America became a commercial success. Subsequently he fostered cable enter-prise in all parts of the See also:world, and at the See also:time of his See also:death, which occurred at See also:Footscray See also:Place, See also:Kent, on the 7th of See also:July 1-896, he controlled companies having a See also:capital of 15 millions See also:sterling and owning 73,640 nautical See also:miles of cables. He represented See also:Wick Burghs in See also:parliament from 1872 to 1885 and from 1892 to 1896. He was made a K.C.M.G. in 1888 and was promoted in 1892 to be G.C.M.G. His eldest son See also:James (b. 1841), who was M.P. for See also:Mid See also:Northamptonshire in 1895—1900, was created a See also:baronet in 1897; and his third son, John See also:Denison (b. 1855), was created a K.C.M.G. in 1901.

End of Article: PENDER, SIR JOHN (1816—1896)

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