_December 21, 1699._—A copartnery, consisting of William Cochran of Ochiltree, John Alexander of Blackhouse, and Mr William Dunlop, Principal of the University of Glasgow, with Andrew Cathcart, James Colquhoun, Matthew Aitchison, Lawrence Dunwoodies, William Baxter, Robert Alexander, and Mungo Cochran, merchants of Glasgow, was prepared to set up a woollen manufactory there, designing to make ‘woollen stuffs of all sorts, such as damasks, half-silks, draughts, friezes, drogats, tartains, craips, capitations, russets, and all other stuffs for men and women’s apparel, either for summer or winter.’ Using the native wool, they expected to furnish goods equal to any imported, and ‘at as easie a rate;’ for which end they are ‘providing the ablest workmen, airtiests, from our neighbouring nations.’ They anticipated that by such means ‘a vast soum of ready money will be kept within the kingdom, which these years past has been exported, it being weel known that above ten thousand pound sterling in specie hath been exported from the southern and western parts of this kingdom to Ireland yearly for [Sidenote: 1695.] such stuffs, and yearly entered in the custom-house books, besides what has been stolen in without entering.’ In the same year, John Adam, John Bryson, John Alexander, and Harry Smith, English traders, had brought home to Glasgow ‘English workmen skilled to work all hardware, such as pins, needles, scissors, scythes, tobacco-boxes, and English knives, for which a great quantity of money was yearly exported out of the kingdom.’ They designed so far to save this sending out of money by setting up a hardware-manufactory in Glasgow. On their petition, the Privy Council extended to their designed work the privileges and immunities provided by statute for manufactories set up in Scotland. In the ensuing year, William Marshall, William Gray, John Kirkmyre, and William Donaldson, merchants in Glasgow, projected the setting up of a work there for making of ‘pins and needles,[151] boxes, shears, syshes, knives, and other hardware,’ whereby they expected to keep much money within the country, and give employment to ‘many poor and young boys, who are and have been in these hard and dear times a burden to the kingdom.’ To them likewise, on petition, were extended the privileges of a manufactory.