The Western Union Company - the American company, specialising on granting of services of monetary intermediary. Western Union was founded in 1851. The company is one of leaders in the market of the international remittances. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported. In the 80's of Nineteenth century, Western Union was repeatedly tried capture by the railroad tycoon Jay Gould. He worked with Alexander Graham Bell, inventor of the first phone. In 2000 was launched the Web site westernunion.com, with which users from certain countries can independently transfer funds online. In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network.