So I found no difficulty in arranging with Mr. Holley to take a trip
with me, and visit some of my engines in operation, for the purpose of
forming a judgment as to its suitability for the use of his clients.
This he agreed to do as soon as he had finished the report of his
trip, on which he was then engaged. Our inspection took in the engines
running in New York and Brooklyn and vicinity and in New England,
finishing with the engine at the Arlington Mills in Lawrence. They were
all found to be on their best behavior, but Mr. Holley told me that the
engine at Lawrence, which was running there at its intended speed of
150 revolutions per minute, impressed him more than all the rest put
together; not that it was doing any better, for they all ran equally
well, but solely because it was larger. It made him awake to the great
possibilities of the engine.
On his return Mr. Holley prepared a report on the performance of the
engine, and cordially endorsed it as sure of ultimate general adoption.
But he found capitalists to be absolutely dead. Not even his great
influence could awaken in them the least interest. The time for the
promoter had not yet come. And still my success in winning Mr. Holley’s
support proved to be vital to my subsequent progress.
As a last possible resort I finally thought of Mr. Phillips of Newark.
The firm of Hewes & Phillips had become dissolved by the death of Mr.
Hewes, and so, by purchase of Mr. Hewes’ interest from his heirs, Mr.
Phillips was the sole proprietor of the largest engineering works in
New Jersey. That concern had some time before the death of Mr. Hewes
given up the manufacture of steam-engines, a style made by them having
proved unsuccessful, and confined themselves to making machine tools.
In this line their business was exceedingly dull, being disastrously
affected by the depressed and stagnant condition of the times.
I found Mr. Phillips ready to listen to me. He said that what he
knew about the engine was favorable, although he had not heard of it
for the last two or three years, but he was willing to consider a
proposition to take up its manufacture. I told him frankly that I had
no proposition of that kind to make. I wished to get the manufacture
of the engine revived, but to retain the business in my own hands,
to carry it on myself in my own name, with the view of gaining for
the engine a reputation that would enable me to command the capital
necessary to establish its manufacture in works that I had long before
planned for that purpose, and in which I could devote myself to the
development and building up of the business; that I hoped to be able to
reach this point in the course of two or three years, when probably
the anticipated financial revival would fill his works with business in
his own line of toolmaking.
Public-domain text, read in full here on John Shaqi.
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