With the hopeful spirit of an inventor, Mr. Keely always anticipated almost immediate mechanical success, up to the hour in which he abandoned the automatic arrangement that was necessary to make his generator patentable. From that time his line of perspective extended, and he began to realize that he had been too sanguine in the past. He had been like a man grappling in the dark with a foe, the form of which had not even presented itself to his imagination; but when, in 1884, Macvicar's work on the structure of ether came like a torch to reveal the face of his antagonist, what wonder that he, with the enthusiasm of Paracelsus, felt his ... "fluttering pulse give evidence that God Means good to me, will make my cause His own;" and, as in 1881, again rashly bound himself anew, by fresh promises, made to those who had the power to give or to withhold the sinews needed in the warfare he was waging? To return to the report. During the negotiations which followed, facts in the history of the company were developed which convinced Mr. Lorimer that Mr. Keely was totally unable to measure time, or define his plans, because of the ever-changing results attained by him, in researching the laws governing the force he was trying to harness. At this time the treasurer of the company was proposing to bring over from New York to Philadelphia a number of capitalists to witness an exhibition of the production of the force, in order to dispose of 500 shares at 25.00 dollars a share. To this plan Mr. Lorimer objected, writing to the treasurer, "I fear that you would be putting yourself in a false position with the friends you might induce to take stock at the figures named," and Mr. Keely himself at first refused to give the exhibition, but upon the application of the thumb-screw, kept in readiness, it took place. At this time Mr. Lorimer wrote to the president of the company, "If Keely gives us the benefit of his discoveries, it will require all our energies to guide our enterprise; and, on the other hand, if he dies or is forestalled, it will need all our care and attention to take care of our reputations.... The fact that the Board has some delicate and important work to perform, brings us to the question, Are we properly organized to perform our part? If we are, let us show it by our acts, and, if not, let us act like men, worthy the important trust before us. If I am overestimating the character and importance of this work, you can show it to me; and per contra, if I am correct, you can and will accept the responsibilities of the position you hold, no matter how unpleasant, no matter how irksome, if understood by you and honourably supported by us." Mr. Lorimer then prepared this summary, or analysis of the situation. SUMMARY. 26th July, 1881.