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
By the end of the year, the 150 machines first made were sold off, and
more orders were coming in. Thirty were wanted for exportation abroad,
and a still greater number were wanted at home. The letter-copying
machine gradually and steadily made its way, until at length there was
scarcely a house of any extensive business transactions in which it was
not to be found. Watt himself, writing of the invention some thirty years
later, observed that it had proved so useful to himself that it had been
worth all the trouble of inventing it, even had it been attended with no
pecuniary profit whatever.
Boulton’s principal business, however, while in town, was not so much
to push the letter-copying machine, but to set straight the bankers’
account, which had been overdrawn to the amount of 17,000_l._ He was able
to satisfy them to a certain extent by granting mortgages on the engine
royalties payable in Cornwall, besides giving personal bonds for repayment
of the advances within a given time. It was necessary to obtain Watt’s
consent to both these measures; but, though Watt was willing to agree to
the former expedient, he positively refused to be a party to the personal
bonds.[190] Boulton was therefore under the necessity of arranging the
matter himself. He was thereby enabled to meet the more pressing claims
upon the firm, and to make arrangements for pushing on the engine business
with renewed vigour. Watt was, however, by no means so anxious on this
score as Boulton was. He was even desirous of retiring from the concern,
and going abroad in search of health. “Without I can spare time this next
summer,” he wrote, “to go to some more healthy climate to procure a little
health, if climate will do, I must give up business and the world too. My
head is good for nothing.”[191] While Boulton was earnestly pressing the
invention on the mining interest, and pushing for orders, Watt shuddered
at the prospect of one. He saw in increase of business only increase of
headaches. “The care and attention which our business requires,” said
he, “make me at present dread a fresh order with as much horror as other
people with joy receive one. What signifies it to a man though he gain the
whole world, if he lose his health and his life? The first of these losses
has already befallen me, and the second will probably be the consequence
of it, without some favourable circumstances which at present I cannot
foresee should prevent it.”
Public-domain text, read in full here on John Shaqi.
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