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History of merchant shipping and ancient commerce, Volume 4 (of 4)

Note 305 — Chapter IX

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Mr. Taylor was one of the earliest proposers and founders of the Red Sea route, and had, in 1823, been associated with Lieutenant Johnston, who subsequently commanded the Enterprize, and with the Calcutta Steam Committee, from whom he seceded because they relinquished the Red Sea route for that of the Cape of Good Hope. Indeed, he was the first to adventure capital on this route, and is said to have lost not less than 12,000l. in an endeavour to combine steam-tugs and sailing-vessels.

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