Horatio Spafford and his wife Anna were still grieving over the death
of their infant son when the Great Chicago fire happened. Horatio was a lawyer
there, and he was a friend of the famous preacher
Dwight L. Moody. Spafford had invested heavily in real estate, so when the Great
Chicago Fire happened he lost almost
everything he owned.
Two years later, in1873, Spafford decided his family should take a holiday in Europe, and
knowing that D. L. Moody would preach in England in the fall, he decided to
take his family there. However, he was delayed because of
business, so he sent his family on ahead of him: his wife Anna,
and his four daughters Tanetta, Maggie, Annie and Bessie.
On November 21, 1873,
while crossing the Atlantic on the S.S. Ville Du Havre,
the ship was struck by an iron sailing vessel and two hundred
and twenty six people lost their lives, including all four of
Spafford's daughters. Somehow his wife, Anna, survived. On
arriving in England, she sent a telegram to Horatio with the
words "Saved alone".
Spafford then himself took a ship to England, going past the
place where his daughters had died. According to his daughter,
Bertha Spafford, the hymn was written in 1873 in mid-Atlantic.

It Is Well with My Soul
When peace, like a river, attendeth my way,
When sorrows like sea billows roll;
Whatever my lot, Thou has taught me to say,
It is well, it is well, with my soul.
It is well, it is well,
With my soul, with my soul,
It is well, it is well, with my soul.
Though Satan should buffet, though trials should come,
Let this blest assurance control,
That Christ has regarded my helpless estate,
And hath shed His own blood for my soul.
It is well, It is well,
with my soul, with my soul
It is well, it is well, with my soul.
My sin, oh, the bliss of this glorious thought!
My sin, not in part but the whole,
It was nailed trough his cross, and I bear it no more,
Bless the Lord, bless the Lord, O my soul!
It is well, It is well,
with my soul, with my soul
It is well, it is well, with my soul.
And Lord haste the day
when the faith shall be sight,
The clouds be rolled back as a scroll;
The trump shall resound,
and the Lord shall descend,
Even so, it is well with my soul.
It is well, It is well
with my soul, with my soul
It is well, it is well, with my soul