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Updated: May 8, 2025
All that is known is, that about the year 1775 he relinquished his business as a navy agent, and took a lease of certain premises at Fontley, near Fareham, at the north-western corner of Portsmouth Harbour, where he erected a forge and an iron mill.
Extraordinary measures were therefore adopted. The assignments of Cort's patents, which had been made to Jellicoe in consideration of his advances, were taken possession of; but Samuel Jellicoe, the son of the defaulter, singular to say, was put in possession of the properties at Fontley and Gosport, and continued to enjoy them, to Cort's exclusion, for a period of fourteen years.
He may be said to have been in a great measure the author of our modern iron aristocracy, who still manufacture after the processes which he invented or perfected, but for which they never paid him a shilling of royalty. These men of gigantic fortunes have owed much we might almost say everything to the ruined projector of "the little mill at Fontley."
Crawshay to the Secretary of Lord Sheffield was read to the House of Commons, descriptive of his method of working iron, in which he said, "I took it from a Mr. Cort, who had a little mill at Fontley in Hampshire: I have thus acquainted you with my method, by which I am now making more than ten thousand tons of bar-iron per annum." Samuel Homfray was equally prompt in adopting the new process.
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