Appleton's Cyclopedia of American Biography, edited by James
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COLLINS, Edward K., ship-owner, born in Truro, Cape Cod, Massachusetts, 5 August, 1802" died in New York City, 22 January, 1878. He began life as a clerk in the office of McCrea & Slidell, shipping-merchants in New York City, became superintendent of a line of packets running between New York and Vera Cruz, then of a line running to New Orleans, and established the Dramatic line of sailing-packets to Liverpool in 1836. The first steamer of the Collins line between New York and Liverpool sailed from New York on 27 April, 1849. The company had a fleet of five steamers. One of them, the "Arctic," sank with many passengers on board off Cape Race, Newfoundland, in 1854, and another, the " Pacific," sailed from Liverpool in May, 1856, and was never again heard from. Afterward the government abruptly terminated a mail contract, involving a subsidy of $858,000 a year, on which the line depended largely for its support. In consequence of these misfortunes the company ceased operations in January, 1858. Mr. Collins afterward engaged in mining enterprises, and was at one time largely interested in Ohio coal and iron mines.
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