"It Is Well With My Soul", also known as "When Peace, Like A River", is a hymn penned by hymnist Horatio Spafford and composed by Philip Bliss.
[1] His business interests were further hit by the economic downturn of 1873, at which time Spafford had planned to travel to England with his family on the SS Ville du Havre, to help with Dwight L. Moody's upcoming evangelistic campaigns.
While crossing the Atlantic Ocean, the ship sank rapidly after a collision with a sea vessel, the Loch Earn, killing 226 people, including Annie, Maggie, Bessie, and Tanetta.
Shortly afterwards, as he traveled to England to meet his grieving wife, Spafford was inspired to write these words as his ship passed the spot near where his four daughters had died.
Though Satan should buffet, though trials should come, Let this blest assurance control, That Christ has regarded my helpless estate, And has shed His own blood for my soul.