Samuel Colt 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 making underwater mines; both ended in disappointment. But his business expanded rapidly after 1847, when the Texas Rangers ordered 1,000 revolvers during the American war with Mexico. During the American Civil War, his factory in Hartford supplied firearms both to the North and the South. Later,
Colt Dragoon Revolver had a comparatively shorter cylinder (thus preventing overloading the cylinder) and held up to 50 grains of powder, whereas the Walker had used up to 60 grains of powder. The Dragoon Revolver had a shorter barrel at 7.5 inches (some later revolvers 8 inches) as compared to the barrel on the Walker. A loading lever latch in front of the lever replaced the spring to keep the lever from dropping during recoil, thereby preventing jamming of the revolver. These variations made the Colt Dragoon Revolver 4 pounds two ounces. These changes also reduced the risks of the Colt Dragoon Revolver