Samuel Colt influence in other manufacturing efforts of the next half century. Prominent examples included Francis A. Pratt, Amos Whitney, Henry Leland, Edward Bullard, Worcester R. Warner, Charles Brinckerhoff Richards, William Mason and Ambrose Swasey. In 2006, Samuel Colt was inducted into the National Inventors Hall of Fame. Samuel Colt Samuel Colt (; July 19, 1814 – January 10, 1862) was an American inventor, industrialist, businessman, and hunter. He founded Colt's Patent Fire-Arms Manufacturing Company (today Colt's Manufacturing Company) and made the mass production of the revolver commercially viable. Colt's first two business ventures were producing firearms in Paterson, New Jersey and
Samuel Colt was exonerated and the story became national news when "Scientific American" reported that the fault was not with Colt, but with Washington politicians. With a virtual monopoly, Colt sold his pistols in Europe, where demand was high due to tense international relations. By telling each nation that the others were buying Colt's pistols, Colt was able to get large orders from many countries who feared falling behind in the arms race. A key element to Colt's success was vigorous protection of his patent rights. Even though he lawfully held the only patent on a revolver, scores of imitators copied his