20/34 Each of them had valuable cargoes, and the iron and machinery for two river steamers. The third ship arrived safely, and a steamer which she brought was put together during the winter. It struck a rock and sunk on its first voyage up the river. The misfortunes of the company in following years did not come quite as thick, but their number was ample. It lost money from the beginning, and after spending two and a half million dollars, closed its affairs and went up in a balloon. |