Whaleback Ships and the American Steel Barge Company
In Whaleback Ships and the American Steel Barge Company, Roger C. 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 efficient 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.
About the Author
"A veritable boatload of information. . . . . Readers interested in northern Minnesota history and maritime history will relish the original design drawings and Pellett's ample narrative of this relatively obscure history."—Eric Hankin-Redmon, Minnesota History Magazine
"The author has carefully researched the history of Alexander McDougall, the American Steel Barge Company, and the Great Lakes' unique whaleback ships, and he has very successfully captured for modern readers their colorful story. Whaleback Ships and the American Steel Barge Company is a fascinating and very informative account of their place in regional history. It's a must-read for modern shipping enthusiasts and history buffs."—Patrick Labadie, Prior Director of the Saugatuck Marine Museum and Duluth's Canal Park Museum
"There is much for a business historian to learn here, from the tradeoffs facing ship owners to the details of how Great Lakes shipping operated generally. Pellett has made a good contribution to shipping history, and there is much here for a business historian to build on."—William Sjostrom, Business History Review
"Pellett weaves a powerful and enthralling story of inventive engineering and professional management amid the uncertainties of the business cycle and the unvarnished business dealings of the titans of industry at the turn of the 20th century America. The story is a captivating 'whodunit' of this exciting period. The patented design, construction, and operation of Alexander McDougall's unique whaleback ships is traced within the burgeoning development of the American iron and steel industry. This book is a must-read by the students of ships, shipping, and American industrial development."—Jim Sharrow, PE, Director of Port Planning and Resiliency, Duluth Seaway Port Authority
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