Accessory Transit Company
Encyclopedia
The Accessory Transit Company was a company set up by Cornelius Vanderbilt
Cornelius Vanderbilt
Cornelius Vanderbilt , also known by the sobriquet Commodore, was an American entrepreneur who built his wealth in shipping and railroads. He was also the patriarch of the Vanderbilt family and one of the richest Americans in history...

 and others during the California Gold Rush
California Gold Rush
The California Gold Rush began on January 24, 1848, when gold was found by James W. Marshall at Sutter's Mill in Coloma, California. The first to hear confirmed information of the gold rush were the people in Oregon, the Sandwich Islands , and Latin America, who were the first to start flocking to...

 in the 1850s, to transport would-be prospector
Prospecting
Prospecting is the physical search for minerals, fossils, precious metals or mineral specimens, and is also known as fossicking.Prospecting is a small-scale form of mineral exploration which is an organised, large scale effort undertaken by mineral resource companies to find commercially viable ore...

s from the east coast of the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 to the west coast.

At the time, an overland journey across the US was an arduous undertaking and could last many weeks. The Accessory Transit Company instead took passengers by steamer
Steamboat
A steamboat or steamship, sometimes called a steamer, is a ship in which the primary method of propulsion is steam power, typically driving propellers or paddlewheels...

 from New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...

 to San Juan del Norte
San Juan del Norte
San Juan de Nicaragua, formerly known as San Juan del Norte and known in English as Greytown, is a town and municipality in the Río San Juan department of Nicaragua.-Geography:...

 on the Caribbean
Caribbean
The Caribbean is a crescent-shaped group of islands more than 2,000 miles long separating the Gulf of Mexico and the Caribbean Sea, to the west and south, from the Atlantic Ocean, to the east and north...

 or Mosquito Coast
Mosquito Coast
The Caribbean Mosquito Coast historically consisted of an area along the Atlantic coast of present-day Nicaragua and Honduras, and part of the Western Caribbean Zone. It was named after the local Miskito Indians and long dominated by British interests...

 of Nicaragua
Nicaragua
Nicaragua is the largest country in the Central American American isthmus, bordered by Honduras to the north and Costa Rica to the south. The country is situated between 11 and 14 degrees north of the Equator in the Northern Hemisphere, which places it entirely within the tropics. The Pacific Ocean...

. From there, they travelled up the Rio San Juan
San Juan River (Nicaragua)
The San Juan River , also known as El Desaguadero , is a 192.06 km river that flows east out of Lake Nicaragua into the Caribbean Sea. A large section of the border between Nicaragua and Costa Rica runs on the right bank of the river...

 to Lake Nicaragua
Lake Nicaragua
Lake Nicaragua or Cocibolca or Granada or is a vast freshwater lake in Nicaragua of tectonic origin. With an area of , it is the largest lake in Central America, the 19th largest lake in the world and the 9th largest in the Americas. It is slightly smaller than Lake Titicaca. With an elevation...

, crossing the lake to the town of Rivas
Rivas
Rivas is a city and municipality in southwestern Nicaragua on the Isthmus of the same name. The city proper is the capital of the Department of Rivas and administrative centre for the surrounding municipality of the same name.-Overview:...

. A stagecoach
Stagecoach
A stagecoach is a type of covered wagon for passengers and goods, strongly sprung and drawn by four horses, usually four-in-hand. Widely used before the introduction of railway transport, it made regular trips between stages or stations, which were places of rest provided for stagecoach travelers...

 then crossed the narrow isthmus
Isthmus
An isthmus is a narrow strip of land connecting two larger land areas usually with waterforms on either side.Canals are often built through isthmuses where they may be particularly advantageous to create a shortcut for marine transportation...

 to San Juan del Sur
San Juan del Sur
San Juan del Sur is a municipality and coastal town on the Pacific Ocean, in the Rivas department in south-west Nicaragua. San Juan del Sur is popular among surfers and is a vacation spot for many Nicaraguan families and foreign tourists....

, where another steamer travelled to San Francisco.

The ATC provided the cheapest route to California from the east coast, and was soon carrying 2,000 passengers a month at a fare of $300 each, later reduced to $150. The wealth generated by the route attracted efforts to take it over, and in 1854 the US Navy bombarded San Juan del Norte in response to demands from the town authorities that the company vacate their premises immediately.

In 1855, the filibuster
Filibuster (military)
A filibuster, or freebooter, is someone who engages in an unauthorized military expedition into a foreign country to foment or support a revolution...

 William Walker installed himself as President of Nicaragua
President of Nicaragua
The position of President of Nicaragua was created in the Constitution of 1854. From 1825 until the Constitution of 1838 the title of the position was known as Head of State and from 1838 to 1854 as Supreme Director .-Heads of State of Nicaragua within the Federal Republic of Central America...

, taking over the ATC's assets in the country in the process; he was ousted in 1857 by forces backed by Vanderbilt. Having regained control of the ATC, Vanderbilt approached the Pacific Mail Steamship Company
Pacific Mail Steamship Company
The Pacific Mail Steamship Company was founded April 18, 1848 as a joint stock company under the laws of the State of New York by a group of New York City merchants, William H. Aspinwall, Edwin Bartlett, Henry Chauncey, Mr. Alsop, G.G. Howland and S.S. Howland...

 and the United States Mail Steamship Company
United States Mail Steamship Company
The United States Mail Steamship Company – also called the United States Mail Line, or the U.S. Mail Line – was a passenger steamship line formed in 1920 by the United States Shipping Board to run the USSB's fleet of ex-German ocean liners that had been seized by the United States during World War...

 http://www.trainweb.org/panama/mail.html, which operated routes across Panama
Panama
Panama , officially the Republic of Panama , is the southernmost country of Central America. Situated on the isthmus connecting North and South America, it is bordered by Costa Rica to the northwest, Colombia to the southeast, the Caribbean Sea to the north and the Pacific Ocean to the south. The...

, and offered to stop running the Nicaragua route in return for a $40,000 monthly stipend. The companies accepted this offer, and a year later increased the stipend to $56,000 when Vanderbilt threatened to reopen the Transit line, but the ATC did not run again.

Vanderbilt's original contract with the Nicaraguan government allowing him to operate the ATC also gave him exclusive rights to construct a Nicaragua Canal
Nicaragua Canal
The Inter-Oceanic Nicaragua Canal was a proposed waterway through Nicaragua to connect the Caribbean Sea and Atlantic Ocean with the Pacific Ocean...

 until 1861. In the event, political instabilities in Nicaragua as well as its frequent volcanic eruptions conspired to make Panama a more attractive location for a trans-Central America
Central America
Central America is the central geographic region of the Americas. It is the southernmost, isthmian portion of the North American continent, which connects with South America on the southeast. When considered part of the unified continental model, it is considered a subcontinent...

n canal.

External links

  • http://www.trivia-library.com/b/richest-people-in-history-cornelius-vanderbilt.htm
  • http://www.costarica-net-guide.com/vanderbilt.html
  • http://www.oldstatehouse.com/educational_programs/classroom/arkansas_news/detail.asp?id=739&issue_id=38&page=5
  • http://www.voteview.com/vanderb2.htm
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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