Great Fortunes, and How They Were MadeMcCabe, James Dabney
History
Great Fortunes, and How They Were Made
McCabe, James Dabney
United States -- Biography
Having secured patents in the United States and in the principal
countries of Europe, Mr. Colt exerted himself to organize a company for
the manufacture of his revolver. He met with considerable opposition,
for it was commonly asserted that his pistol would never be of any
practical value. The wise ones said it was too complicated for general
use, and that its adoption would be attended by the killing or maiming
of the majority of those who used it. The inventor disregarded these
birds of ill omen, however, and, persevering in his efforts, finally
succeeded in securing the aid of some capitalists in New York. A company
was formed in 1835, called the "Patent Arms Company," with a capital of
$300,000, and an armory was established at Paterson, New Jersey. Mr.
Colt then endeavored to induce the Government of the United States to
adopt the arm in the military and naval service. Strange as it now
seems, however, the officers of the army and navy were not disposed to
regard the revolver with favor. They declared that the percussion cap
was entirely unreliable, and that no weapon requiring it could be
depended on with certainty; that there was great danger that two or more
of the charges would explode at the same time; and that the arm was
liable to get out of order very easily. They further protested that it
was much more difficult to repair than the arms then in use, and that
this alone rendered it unfit for adoption by the Government.
Notwithstanding these objections were fully met by Mr. Colt, who
explained carefully the principles of his weapon, it was two years
before the Government consented to give the revolver a trial.
In 1837, the Florida war raged with great violence, and the Seminoles,
secure in their fastnesses in the Everglades, were enabled to bid
defiance to all the efforts of the army of the United States. Their
superior skill in the use of the rifle gave them an advantage which the
bravery and determination of our troops could not overcome. In this
emergency, the Government consented to make a trial of Colt's revolver.
A regiment under Lieutenant-Colonel Harvey was armed with this weapon,
and its success was so marked from the first that the Government
promptly gave an order for more, and ended by making it the principal
arm of the troops in Florida. The savages were astounded and
disheartened at seeing the troops fire six or eight times without
reloading; and when the war was brought to a close, as it soon was, it
was plain to all that the revolver had played a decisive part in the
struggle. It was a great triumph for Colonel Colt, but in the end proved
a source of misfortune. The speedy termination of the war put an end to
the demand for his weapon, and his business fell off so greatly that in
1842 the Patent Arms Company was compelled to close its establishment
and wind up its affairs.
Public-domain text, read in full here on John Shaqi.
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