Steam-navigation -- History; Steamboat lines -- History; Steamboats -- History
On Monday, 11th January, 1858, launching operations were resumed at
Millwall, and the monster ship was moved riverwards to the extent of
20 feet. On Tuesday a further advance was made until a little after
3 o’clock in the afternoon, when, having moved 16 feet 10 inches
aft, and 15 feet 1 inch forward, it was thought desirable to suspend
operations. At high water on the latter day the ship was water borne
to the height of 7½ feet, which had the effect of diminishing the
resistance to the extent of 4,000 tons. The yard and river banks were
crowded with spectators on the following day (Wednesday), in the
expectation that the ship would float, but she was only moved another
2½ inches. On Thursday the LEVIATHAN was pushed down the full extent
of the ways, and there left for the next spring tides.
The completion of the launch of this stupendous and beautiful vessel
took place on Sunday, 31st January, 1858, under the most favourable
circumstances, and unattended with a single accident, the high tide
lifting the vessel clear off the ways.
It is incomprehensible how so eminent an engineer as Brunel should
have made such a mistake as to attempt to force so huge a fabric
broadside on into the river. The costly experiment added £120,000 to
the cost of the ship, and practically ruined the company.
From the commencement of the company’s operations, the directors
were hampered by the failure of many of the shareholders to meet
the calls upon their shares when due. To add to these difficulties,
Messrs. Scott Russell & Co. (the builders of the ship), in 1855,
found themselves unable to meet their obligations, and to complete
the construction of the GREAT EASTERN.
At the half-yearly meeting of the company, held on the 15th February,
1856, the chairman reported that the failure of Mr. Scott Russell
would be a cause of some delay, and of some increased cost in
the completion of their vessel, which would be undertaken by the
company’s engineer, Mr. I. K. Brunel. Twelve months later it was
announced that calls to date amounted to £606,000, of which nearly
£200,000 remained unpaid, owing to a number of other shareholders, in
addition to Mr. Scott Russell, having become insolvent.
The opening months of 1858 saw the GREAT EASTERN successfully
launched, but the Great Eastern Steam Navigation Company had not the
funds necessary for her equipment. During the year the company was
wound up by the sale and transfer of the ship to a new company for
the sum of £160,000—
Public-domain text, read in full here on John Shaqi.
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