Development
Providence and Bristol owed their existence to a short-lived company known as the Merchants Steamship Company, which placed the initial order for the vessels with the Webb shipyard in about 1865. Merchants Steamship was an amalgamation of three existing Narragansett Bay shipping lines, the Commercial Line, Neptune Line and Stonington Line. The Company intended to run the two steamers between New York and Bristol, Rhode Island in competition with the Fall River Line, which ran a similar service from New York to Fall River, Massachusetts (both Lines then linking up to railway lines that continued on to Boston.
Read more about this topic: Providence (1866)
Famous quotes containing the word development:
“I have an intense personal interest in making the use of American capital in the development of China an instrument for the promotion of the welfare of China, and an increase in her material prosperity without entanglements or creating embarrassment affecting the growth of her independent political power, and the preservation of her territorial integrity.”
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