Discoveries and Inventions of the Nineteenth CenturyRoutledge, Robert
History
Discoveries and Inventions of the Nineteenth Century
Routledge, Robert
Inventions -- History -- 19th century
through the metallurgical world, but had gone out with all its sparks.”
When Bessemer again brought the subject before the public, he found that
no one believed in it; everyone said, “Oh, this is the thing that made
such a blaze two or three years ago, and which was a failure.” Neither
iron-makers nor steel-makers would now take it up. Bessemer and his
partner thereupon joined with three other gentlemen to establish at
Sheffield a steel-works of their own, where the invention should be
carried into full practice. In due time works were erected, and they
commenced to sell steel, receiving at first very paltry orders, for such
quantities as 28 lbs. or 56 lbs.; but the orders soon became larger, and
afterwards very much larger, for they were underselling the Sheffield
manufacturers by £20 a ton, and their steel was undistinguishable from
the higher priced article. Bessemer had now bought his licences back
again, and in the course of his second set of experiments had patented
each improvement as it occurred to him, finally bringing the mechanical
apparatus to the degree of efficiency requisite for practical working,
without which his primary idea would have been valueless. Before
directing the reader’s attention to the form the apparatus had assumed,
we may transcribe what Mr. Jeans, in the work above referred to, has
told about the commercial success of the Bessemer steel-making firm:—
“On the expiration of the fourteen years’ term of partnership of this
firm the works, which had been greatly increased from time to time out
of revenues, were sold by private contract for exactly twenty-four times
the amount of the whole subscribed capital, notwithstanding that the
firm had divided in profits during the partnership a sum equal to
fifty-seven times the gross capital, so that by the mere commercial
working of the process, apart from the patent, each of the five partners
retired after fourteen years from the Sheffield works with eighty-one
times the amount of his subscribed capital, or an average of nearly
cent. per cent., every two months,—a result probably unprecedented in
the annals of commerce.”
[Illustration:
FIG. 24.—_Bessemer Converter._
A, Front view, showing the mouth, _c_; B, Section.
]
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