In photographs and paintings the Delaware & Hudson Canal appears calm and unrufffled. The charming picture is not entirely false, but there is another dimension to the D&H Company, a corporation struggling to succeed in a hostile and risky business. Except in its final years the history of the canal was marked by a series of crises or conflicts, each of which threatened the survival of the company. Constant insecurity wore out the D&H managers, but as the company met its challenges in the formative years of American capitalism, it created a model for later enterprises. Now, more than a century after the last boatload of anthracite floated down the D&H Canal, this book gives a new and fuller perspective on this remarkable venture. First published in 1997, and long out of print, this second printing contains a 16-page supplement.