The propeller PENINSULA met a tragic fate on Lake Superior, becoming a total loss in a severe storm on November 17, 1854. Owned by Sheldon McKnight of Detroit, the vessel broke her shaft and lost her wheel, leaving her helpless and at the mercy of the turbulent waters.
The unfortunate incident occurred at Eagle River, Lake Superior, where the propeller lay at anchor. As the wind began to blow and the waves rolled heavily, it became dangerous to remain in place. Fearing the loss of his boat, the captain made a tough decision to heave up and set sail, attempting to run the vessel upon the beach in shallow water. Despite this attempt to escape the storm’s fury, the waves proved too relentless, and the propeller was battered and parted in the heavy seas, leaving it shattered and wrecked.
Adding to the tragedy, the PENINSULA was carrying a precious cargo of 2,000 kegs of powder destined for the mines. Unfortunately, 1,000 kegs were spoiled in the wreck, contributing to the scarcity of powder in the region.
The loss of the PENINSULA was not an isolated incident in the Lake Superior trade. Many vessels engaged in the trade had been lost since the discovery of copper in the Upper Peninsula in 1845. The total value of the vessels and cargo lost in the region amounted to $492,000, with a considerable loss of life.
Sheldon McKnight, the owner of the PENINSULA, was known for his untiring energy and ability to recover from losses quickly. Despite his misfortune with this vessel, he continued to play a significant role in the Lake Superior trade, replacing lost vessels and persisting in his maritime ventures.