In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company. In 1920, Western Union has implemented the world's first transmission of images over the ocean. Money transfer is a matter of minutes, at any distance. In 1864, fearing the laying of long underwater lines, Western Union offered to carry out laying of telegraph lines to Europe through the Russian Alaska under the narrow Bering Strait and then to Siberia with branching in the major cities of Europe. In 2007 the company made 167.7 million transactions on money transfers between individuals and 404.6 million transactions between physical and legal persons. In the Western Union in the 30s of the 20th century worked 14 thousand couriers delivering telegrams.