It had been shown by the numbers who were transported during the first summer, that at the same price for passage, many were willing to undergo all the inconveniences of the original rude accommodations, in preference to encountering the delays and uncertainty to which the passage in sloops was exposed. Fulton did not, however, take advantage of his monopoly, but with the most liberal spirit, provided such accommodations for passengers, as in convenience and even splendor, had not before been approached in vessels intended for the transportation of travellers. This was, on his part, an exercise of almost improvident liberality. By his contract with Chancellor Livingston, the latter undertook to defray the whole cost of the engine and vessel, until the experiment should result in success; but from that hour each was to furnish an equal share of all investments. Fulton had no patrimonial fortune, and what little he had saved from the product of his ingenuity was now exhausted. But the success of the experiment had inspired the banks and capitalists with confidence, and he now found no difficulty in obtaining, in the way of loan, all that was needed. Still, however, a debt was thus contracted which the continued demands made upon him for new investments never permitted him to discharge. The "Clermont," thus converted into a floating palace, gay with ornamental painting, gilding, and polished woods, began her course of passages for the second year in the month of April. The first voyage of this year was of the most discouraging character. Chancellor Livingston, who had, by his own experiments, approached as near to success as any other person who, before Fulton, had endeavored to navigate by steam, and who had furnished all the capital necessary for the experiment, had plans and projects of his own. These he urged into execution in spite of the opposition of Fulton. The boiler furnished by Watt and Boulton was not adapted to the object. Copied from those used on the land, it required that its fireplace and flues should be constructed of masonry. These added so much weight to the apparatus, that the rebuilt boat would hardly have floated had they been retained. In order to replace this boiler, Livingston had planned a compound structure of wood and copper, which he insisted should be tried.