Browns financing the Collins Line of Atlantic steam packets

A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors

Part 1 : Colonial and Mercantile America	Part 2 : America in the Gilded Age
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Browns an steam packets over the Atlantic - financing the Collins Line

… James Brown later deeply involved both, his own estate and the firm's credit, in a venture which should have made its promoters very rich. If steam navigation changed the face of the Hudson and later the Mississippi rivers, making the Livingstons and the Cuttings rich, its true potential was still waiting to be revealed in North Atlantic transportation. The technology allowed to move much larger ships at higher speeds and without the uncertainties …

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