Monopolies -- United States; Railroads and state -- United States
Closely allied to the monopolies of which we have been treating is that
of patents to inventors. The original idea in granting patents was to
protect inventors and discoverers when their inventions and discoveries
were _new_ and _useful_. It is but just that the person who invents or
discovers a new and useful principle in arts or mechanics, or makes a
new and useful combination of principles not new, should be protected in
his discoveries; that for a limited time he should reap the exclusive
benefit of his discovery, in order that he may receive a fair
consideration for the benefit his fellow-men are to derive from his
studies and enterprise.
To these inventors and discoverers we are indebted for much that is of
great value to the public. The arts, sciences, and mechanics, as well as
agriculture, have been greatly benefited by discoveries and inventions.
The wealth, comfort, and happiness of the nation have been increased,
while the inventors, because of the protection afforded them, have
received a fair remuneration. The fact that valuable inventions reward
the inventor liberally has led to great and growing abuses of the patent
right statutes, and to great frauds and impositions. The desire to
acquire sudden wealth has caused dishonest adventurers to enter the
field of invention and discovery, with the intent of defrauding the
people, as well as deceiving the patent office department. The same
desire has caused those whose inventions are of value to resort to
various schemes and subterfuges to continue their exclusive right to
manufacture and sell their inventions long after they have been fully
compensated for all they have expended in thought, time, and labor, in
arranging and perfecting their discoveries and inventions. Having been
granted a monopoly, they contrive to continue it. Lobbyists and
congressmen become interested for a consideration, and patents are
renewed from time to time by an abuse of the law that was designed to
encourage discoveries and inventions, but not to build up and continue
oppressions of the people.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account