Providence was a large sidewheel steamer launched in 1866 by William H. Webb of New York for the Merchants Steamship Company. The first of Narragansett Bay's so-called "floating palaces", the luxuriously outfitted Providence and her sister ship Bristol, each of which could carry up to 1,200 passengers, were installed with the largest engines then built in the United States, and were considered to be amongst the finest American-built vessels of their era.