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
Samuel Colt introduced the adjective "new and improved" to advertising and demonstrated the commercial value of brand-name recognition as the word for "revolver" in French is "Le Colt". Barbara M. Tucker, professor of history and director of the Center for Connecticut Studies at Eastern Connecticut State University, wrote that Colt's marketing techniques transformed the firearm from a utilitarian object into a central symbol of American identity. Tucker added that Colt tied his revolvers to American patriotism, freedom and individualism while asserting America's technological supremacy over Europe's. In 1867, his widow, Elizabeth, had an Episcopal church designed by Edward Tuckerman Potter built as