Later Business Activities
In 1866 Gooch was created a baronet in recognition of his cable work. In 1868 he became chairman of the Telegraph Construction Company after John Pender the first chairman resigned. He led the Great Western Railway out of near-bankruptcy and took a particular interest in construction of the Severn Tunnel. Final abandonment of the broad gauge did not take place until after his death at the age of 73.
Read more about this topic: Daniel Gooch
Famous quotes containing the words business and/or activities:
“It is the business of the critic, as of the portrait painter, to synthesize a million glances at his subject that will tell the onlooker at one glance the truth about him, as ultimate as he can get it.”
—Rebecca West (1892–1983)
“...I have never known a “movement” in the theater that did not work direct and serious harm. Indeed, I have sometimes felt that the very people associated with various “uplifting” activities in the theater are people who are astoundingly lacking in idealism.”
—Minnie Maddern Fiske (1865–1932)