Roswell L. Colt 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 help found Paterson, New Jersey. In
Colt M1861 Navy Colt M1861 Navy The Colt Model 1861 Navy cap & ball .36-caliber revolver was a six-shot, single-action percussion weapon produced by Colt's Manufacturing Company from 1861 until 1873. It incorporated the "creeping" or ratchet loading lever and round barrel of the .44-caliber Army Model of 1860 but had a barrel one half inch shorter, at 7.5 inches. Total production was 38,000 revolvers. Like its forerunner, the Colt 1851 Navy Revolver, it saw widespread use in the American Civil War and on the American Western frontier, though far fewer were produced. It has the same general specification as the earlier model,