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Books > Business & Economics > Industry & industrial studies > Transport industries > Shipping industries > Maritime / nautical trades
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Whaleback Ships and the American Steel Barge Company (Hardcover)
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Whaleback Ships and the American Steel Barge Company (Hardcover)
Series: Great Lakes Books Series
Expected to ship within 10 - 15 working days
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From 1888 to 1898, the American Steel Barge Company built and
operated a fleet of forty-four barges and steamships on the Great
Lakes and in international trade. These new ships were considered
revolutionary by some and nautical curiosities by others. Built
from what was then a high tech material (steel) and powered by
state-of-the-art steam machinery, their creation in the remote
north was a sign of industrial accomplishment. In Whaleback Ships
and the American Steel Barge Company, C. Roger Pellett explains
that the construction of these ships and the industrial
infrastructure required to build them was financed by a syndicate
that included some of the major players active in the Golden Age of
American capitalism. The American Steel Barge Company operated
profitably from 1889 through 1892, each year adding new vessels to
its growing fleet. By 1893, it had run out of cash. The cash crisis
worsened with the onset of the Panic of 1893, which plunged the
country into a depression that mostly halted the ship-building
industry. Only one shareholder, John D. Rockefeller, was willing
and able to invest in the company to keep it afloat, and by doing
so he gained control. When prosperity returned in 1896, the
interest in huge iron ore deposits on the Mesabe Range required
larger, more effi cient vessels. In an attempt to meet this need,
the company built another vessel that incorporated many whaleback
features but included a conventional Great Lakes steamship bow.
Although this new steamship compared favorably with vessels of
conventional design, it was the last vessel of whaleback design to
be built. Whaleback Ships and the American Steel Barge Company
objectively examines the design of these ships using the original
design drawings, notes the successes and failures of the company's
business strategy, and highlights the men at the operating level
that attempted to make this strategy work. Readers interested in
the maritime history of the Great Lakes and the industries that
developed around them will find this book fascinating.
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