Roswell L. Colt in Paterson on November 22, 1856. Roswell L. Colt Roswell Lyman Colt (1779-1856) was an American businessman who made a fortune in the shipping industry, served for decades as governor of the Society for Establishing Useful Manufactures, and was an early railroad executive. Colt's parents were Peter Colt (1744-1824) and Sarah Lyman. (Peter's brother was Benjamin Colt (1740-1781), whose grandson would be gunmaker Samuel Colt (1814-1862).) A graduate of Yale University, Peter founded a shipping business that traded with the West Indies, served in the Revolutionary War, served as Connecticut State Treasurer from 1790 to 1794, and went on to
Colt New Service Model 1892 and Colt Firearms first large caliber revolver with a swing-out hand ejector cylinder. It was made in the popular large caliber revolver cartridges of the day: .38-40, .44-40, .44 Russian, .44 Special, .45 Colt, and .455 Webley. It was made with a blued finish or nickel plating, and with a 4", 4½", 5", 5½", 6", and 7½" barrels. It also came with walnut or hard rubber grips. The Colt M1892 revolver was thought of as a decent handgun for its time, but complaints soon arose concerning the .38 Long Colts stopping power. Beginning in 1899, combat reports from