The Evening News from Monday the 9th, 1854 included the following speculation: “Doubtless the Yankee Blade was heavily insured: and steamboating business on the Pacific has not been of late so lucrative as in times past, and with little future prospects of its ever becoming what it has been; it therefore suggests itself to us that this running of steamers on rocks -- far away from their due and proper course, is a ready means of turning ships into money, regardless of the loss of human life.”
Ship Name: Yankee Blade
Year Built: 1853
Tonnage: 1,000
Ship Type: Side Wheel Steamship
Nationality: United States of America
Year Wrecked: 1854
Location Wrecked: Point Conception, California
Reason for Wreck: Navigation Error in Fog
Lives Lost: 30
Sources:
https://newspaperarchive.com/nevada-city-journal-oct-13-1854-p-2/
https://newspaperarchive.com/warren-mail-nov-25-1854-p-1/
https://timesmachine.nytimes.com/timesmachine/1854/11/15/88145793.html?pageNumber=3
https://timesmachine.nytimes.com/timesmachine/1854/11/10/88145284.html?pageNumber=1
https://newspaperarchive.com/muscatine-tri-weekly-journal-nov-17-1854-p-2/
https://newspaperarchive.com/shasta-courier-oct-14-1854-p-2/
https://newspaperarchive.com/columbia-gazette-oct-14-1854-p-2/