Note 3 — Chapter XV · Steamboats and Submarines

Extract from letter from Robert Fulton to Benjamin West, March 23, 1809:

“My Steamboats are doing wonders, the one of last year cleared 16,000 dollars. I am now building two more; when finished there will be two running between New York and Albany and one between New York and New Brunswick in Jersey on the route to Philadelphia. There is a fair calculation that these Boats will clear 25,000 dollars a year, of which I have half so that I am doing very well.”