John Butterfield-Historical 1851 Document (Created American Ex. & Stage Coach

Description: Historical 7.75x4.25 Butterfield & Wasson & Co. Express Forwarders and General Agents slip, dated Apl 29th 1851. The slip is a receipt for items being forwarded to New York. Signed by John Butterfield in iron gall ink. Toning, otherwise, excellent. (1801-1869) John Butterfield was a transportation pioneer in the mid-19th century in the American Northwest and Southwest. He founded many companies, including American Express which is still in operation today. The Butterfield Overland Mail Company was the longest stagecoach line in the world. The line operated from 1858 to 1861 on the Southern Overland Trail and established an important connection between the new state of California and the government and economy of the contiguous eastern states. He started stage lines based in his hometown of Utica, New York.“Mr. Butterfield devoted his attention largely to lines running North and South. At the height of stage coaching he had forty lines running from Utica as headquarters to Ogdensburg and Sacketts Harbor on the North, and South to the Pennsylvania line, and through Chemung and Susquehanna valleys.” He soon expanded his transportation empire.“ He became interested in packet boats on the [Erie] canal, and in steamboats on Lake Ontario, in the construction of plank roads leading to Utica and was the originator of its street railroads. He more than any other secured the building of the Black River and Southern railroads. When the practical uses of the electrical telegraph were demonstrated he joined Faxton, Wells, Livingston and others in establishing the New York, Albany and Buffalo Telegraph Company, and urged the extension of other lines and companies. …He was a pioneer in the transportation business, and aided in developing it from the crude methods of the stage coach to those of the fast trains of our own time.”John became aware that there was a need to ship parcels (express) by his varied transportation companies.“ In 1849 he formed the express company of Butterfield, Wasson & Co. being among the first who saw the profit to be gained by the rapid carriage of merchandise that would bear express charges. The success of that important enterprise was largely owing to him; he was a directing power in it during his life and reaped from its great distinction and pecuniary power. Later the business was conducted and is still known as the American Express Company, among the greatest corporations of the country” Because of the pioneering success of establishing an express company, other entrepreneurs in upstate New York, not far from John Butterfield's home in Utica, also started express companies by using Butterfield's vast transportation network. Henry Wells was from Auburn, NY (80-miles from Utica), and William Fargo was from Pompei, NY (50-miles from Utica) and their express companies of Wells & Co., and Livingston, Fargo & Co. became competitors of Butterfield, Wasson & Co. Butterfield saw the benefit of forming one company by consolidating the three separate companies. In 1850, The American Express Company was formed from the three companies into one consisting of two subdivisions. The company's subdivision of Wells, Butterfield & Co. would control the express business from Buffalo, NY, to the east, and the subdivision of Livingston, Fargo & Co. would control the express business from Buffalo to St. Louis, Missouri. Comes with a full Letter of Authenticity from Todd Mueller Authentics.

Price: 160 USD

Location: Colorado Springs, Colorado

End Time: 2024-10-04T16:11:27.000Z

Shipping Cost: 12 USD