Biographical Sketches: (From: "Fanshawe and Other Pieces")Hawthorne, Nathaniel
History
Biographical Sketches: (From: "Fanshawe and Other Pieces")
Hawthorne, Nathaniel
New England -- Biography
He received a visit, at his lodging in the Strand, from a person whom he
had never before seen, but who introduced himself to his good-will as
being likewise an American. His business was of a nature well
calculated to excite Mr. Fessenden's interest. He produced the model of
an ingenious contrivance for grinding corn. A patent had already been
obtained; and a company, with the lord-mayor of London at its head, was
associated for the construction of mills upon this new principle. The
inventor, according to his own story, had disposed of one-fourth part of
his patent for five hundred pounds, and was willing to accommodate his
countryman with another fourth. After some inquiry into the stranger's
character and the accuracy of his statements, Mr. Fessenden became a
purchaser of the share that was offered him; on what terms is not
stated, but probably such as to involve his whole property in the
adventure. The result was disastrous. The lord-mayor soon withdrew his
countenance from the project. It ultimately appeared that Mr. Fessenden
was the only real purchaser of any part of the patent; and, as the
original patentee shortly afterwards quitted the concern, the former was
left to manage the business as he best could. With a perseverance not
less characteristic than his credulity, he associated himself with four
partners, and undertook to superintend the construction of one of these
patent-mills upon the Thanes. But his associates, who were men of no
respectability, thwarted his plans; and after much toil of body, as well
as distress of mind, he found himself utterly ruined, friendless and
penniless, in the midst of London. No other event could have been
anticipated, when a man so devoid of guile was thrown among a set of
crafty adventurers.
Public-domain text, read in full here on John Shaqi.
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