Lives of Boulton and Watt. Principally from the Original Soho Mss.: Comprising also a history of the invention and introduction of the steam engineSmiles, Samuel
History
Lives of Boulton and Watt. Principally from the Original Soho Mss.: Comprising also a history of the invention and introduction of the steam engine
afraid that the whole term granted by his patent would expire before the
engines should have come into general use and any portion of his expenses
be repaid:--
“The inventor of these new engines,” said he, “is sorry that
gentlemen of knowledge, and avowed admirers of his invention,
should oppose the Bill by putting it in the light of a monopoly.
He never had any intention of circumscribing or claiming the
inventions of others; and the Bill is now drawn up in such a
manner as sufficiently guards those rights, and must oblige him
to prove his own right to every part of his invention which may
at any time be disputed.... If the invention be valuable, it has
been made so by his industry, and at his expense; he has struggled
with bad health, and many other inconveniences, to bring it to
perfection, and all he wishes is to be secured in the profits
which he may reasonably expect from it,--profits which he cannot
obtain without an exertion of his abilities to bring it into
practice, by which the public must be the greatest gainers, and
which are limited by the performance of the common engines; for
he cannot expect that any person will make use of his contrivance,
unless he can prove to them that savings will take place, and that
his demand for the privilege of using the invention will amount
only to a reasonable part of them. No man will lay aside a known
engine, and stop his work to erect one of a new contrivance,
unless he is certain to be a very great gainer by the exchange;
and if any contrivance shall so far excel others as to enforce the
use of it, it is reasonable that the author of such a contrivance
should be rewarded.”
These weighty arguments could not fail to produce an impression on the
minds of all reasonable men, and the result was, that Parliament passed
an Act extending Watt’s patent right for the further term of twenty-four
years. Watt wrote Boulton on the 27th May,--“I hope to be clear to come
away by Wednesday or Thursday. I am heartily sick of this town and _fort
ennuyée_ since you left it. Dr. Roebuck is likely to get an order, out of
Smeaton’s hands, for an engine in Yorkshire that, according to Smeaton’s
calculation, will burn 1200_l._ per annum in coals. But this has had one
bad effect. It has made the Doctor repent of his bargain and wish again
to be upon the 1-10th [profits]; but we must see to keep him right if
possible, so don’t vex yourself about it.” Dr. Roebuck had been finally
settled with before the passing of the Act. It had been arranged that
Boulton should pay him 1000_l._ out of the first profits arising from
his share in the engine, making about 2200_l._ in all paid by Boulton to
Roebuck for his two-thirds of the patent.[141]
Public-domain text, read in full here on John Shaqi.
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