the largest shipbuilding equipment of the day. Fore River Ship and Engine Company The building of the new yard created ample space for building new ships, which allowed for the building of and . The Navy did mandate that before they could receive the bids, they would have to incorporate, so the company was incorporated in New Jersey, with a capital of $ (equivalent to $ in today's dollars). Immediately, Thomas A. Watson realized that the contract would be more costly than anticipated, but soon an order came in for the seven-masted Thomas W. Lawson. This was immediately followed by an order for the six-masted William L. Douglas, which was delivered in 1903. In 1902, Watson decided to build the Fore River Railroad, a short-line railroad from East Braintree to the yard, away. This was done in order to save costs of having to remove supplies from the trains, transport it over land to Weymouth Fore River, and then float it over to the yard. Watson ended up buying a parcel of land after the owner refused to sell him of land for the railroad. During this time, the yard struggled financially, as expenses from suppliers exceeded reimbursement from the Navy. As a result, Watson decided to sell some of his telephone stock and secured a loan. At this time, the yard was awarded with a contract for , although this did not solve the company's troubles. Following a failed attempt by Watson to seek reimbursement from the Navy, he eventually resigned and was replaced by former Admiral Francis T. Bowles, as he was pleased by how Bowles ran the yard. In 1905, the yard gained a contract to build the Brown-Curtis steam turbine engine, which was considered to be too fast to be economical at the time. That same year, the Navy awarded a contract to build the Chester-class cruisers at the yard, two of which were supposed to be equipped with the Brown-Curtis turbine, but which later received new turbines. The Russo-Japanese War further benefited the yard, as the Imperial Japanese Navy contracted five Type 1 submarines at the yard. Little is known of the first submarines built at the yard, although they were promptly disassembled and shipped to the West Coast, from which they were shipped to Japan in 1904. The war brought expanded submarine development to the yard, as the Holland Torpedo Boat Company was purchased