Difference between revisions of "Paul Reuter" - New World Encyclopedia
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Revision as of 19:43, 26 August 2008
Paul Julius Baron von Reuter (July 21, 1816 - February 25, 1899) was a German-born British journalist and media owner, the founder of Reuters news agency.[1]
Life
He was born in Kassel, Germany to a Jewish family.[2] His father was a rabbi. His birthname was Israel Beer Josaphat. In Göttingen Reuter met Carl Friedrich Gauss who experimented with the transmission of electrical signals via wire.
On 29 October 1845, Reuter moved to London calling himself Joseph Josephat. On November 16 he converted to Christianity and changed his name to Paul Julius Reuter. One week later on November 23, he married Ida Maria Elizabeth Clementine Magnus in Berlin. After the failed Revolution of 1848, he fled from Germany and went to Paris and worked there in Charles-Louis Havas' news agency, the future Agence France Presse.
In 1851 Reuter moved back to London and set up an office at the London Stock Exchange. Reuter founded Reuters, one of the major financial news agencies of the world.
On 17 March 1857, Reuter was naturalized as a British subject.
On September 7, 1871, the Duke of Saxe-Coburg-Gotha conferred barony on Julius Reuter.
He had two sons, one named George, 3rd Baron de Reuter, and the other named Andre Reuter. His only daughter Clementine Maria married Count Otto Stenbock, and after his death, Sir Herbert Chermside, a governor of Queensland.[3] George, 3rd Baron de Reuter had one successor, Oliver, 4th Baron de Reuter. He had one younger brother named Ronald. The last remaining heir of the family is Marguerite, 4th Baroness de Reuter.
He died in Villa Reuter, Nice, France, and was taken back to London to be buried in the family vault at West Norwood Cemetery.
Work
While telegraphy evolved, Reuter first founded the Reuters News Agency in Aachen which transferred messages between Brussels and Aachen using carrier pigeons. This was the missing link to connect Berlin and Paris. The carrier pigeons were much faster than the post train, giving Reuter faster access to stock news from the Paris stock exchange. In 1851, the carrier pigeons were superseded by a direct telegraph link.[4]
A telegraph link was established between Britain and the European continent through the English Channel. This link was extended to the south-western shore of Ireland, at Cork in 1863. There ships coming from America threw canisters containing news into the sea. The news was telegraphed to London, arriving before the ships.
Legacy
ReferencesISBN links support NWE through referral fees
- ↑ Paul Julius Reuter - the founder of Reuters
- ↑ Paul Reuter - Britannica Student Encyclopaedia
- ↑ ADB - Sir Herbert Chermside
- ↑ Standage, T. The Victorian Internet (1999)
References
Credits
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