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 days. With the addition of a loading lever this evolved into the 1849 pocket revolver (see Colt Pocket Percussion Revolvers). The Dragoon was produced because of the problems seen with the fielded Colt Walker revolvers, namely, the Walker's heavy weight, four and a half pounds, making it suitable only for use as a saddle-mounted revolver, the Walker's propensity for cylinders exploding on occasion when fired (due to the chambers being loaded with too much powder), and the Walker's habit of dropping the loading lever upon discharge, locking up the revolver action in the middle of combat. The Colt Dragoon Revolver