Richard Arkwright quotes

Richard Arkwright was an English inventor and entrepreneur, famous for pioneering the industrial use of the spinning frame. His innovations played a crucial role in advancing the textile industry during the Industrial Revolution. He became known as one of the founding figures of modern factory systems. Here are 4 of his quotes:

The manufacture of yarn being at length full established, the demand for it became too great for the patentees to supply, and then they sold licenses very extensively, so that at least 60,000 l. has been expended in consequence of such grants. Mr. Arkwright and his partners have expended upwards of 30,000/. in buildings and machinery in Derbyshire, and above 4,000 /. in Manchester; and they have lost not less than 5,000 l. or 6.000 l. by injuries from mobs, and from fire. The saving of labour by this machinery is several hundred thousands per annum, and yet trade is so greatly increased, that many more people are employed, and can earn a comfortable maintenance, than were employed before. The same inventions maybe applied with equal advantage to prepare and spin wool. (Richard Arkwright)
To prevent his inventions getting abroad to foreigners, Mr. Arkwright purposely omitted to give so full and particular a description of his inventions, in the specification of his last patent, as he would otherwise have done, believing, from the concluding clause in the patent, that he need not so fully describe. His patent right being largely infringed, he was obliged to prosecute some infringers, although an association was formed to resist him; but on a trial in the King's Bench in July 1781 a verdict was given against him, on the ground that his specification was not as full and accurate as the law requires. Having established a business that already employs above 5,000 persons, and a capital of not less than 200,000 l. View quote
Richard Arkwright
About the year 1767, one Hargrave, of Blackburn, in, and obtained a patent for his engine; but he did not even there long continue in the peaceable possession. His patent right was invaded, and he found it necessary to commence a prosecution; an association was soon formed against him; and, being unable to contend against the united power of a body of men, he was obliged to give up the unjust and unequal contest. His invention was cruelly wrested from him; and he died in obscurity, and great distress. View quote
Richard Arkwright
The manufacture of yarn being at length full established, the demand for it became too great for the patentees to supply, and then they sold licenses very extensively, so that at least 60,000 l. has been expended in consequence of such grants. Mr. Arkwright and his partners have expended upwards of 30,000/. in buildings and machinery in Derbyshire, and above 4,000 /. in Manchester; and they have lost not less than 5,000 l. or 6.000 l. View quote
Richard Arkwright