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Updated: May 6, 2025
He argued at some length against the financial aspects of the scheme which was being promoted to buy up the Welsbach patents, and to introduce the lamp into this country. His advice to his friends was not to have anything to do with the Welsbach company, and, as investors, to be very careful in accepting all the statements made about the light, which he predicted would not be a financial success.
The masters of present day economic society have in their possession the natural resources, the tools, the franchises, patents, and the other phases of the modern industrial system with which the people must work in order to live. The few who own and control the productive wealth have it in their power to say to the many who neither own nor control, "You may work or you may not work."
It has been proposed to carburet and enrich poor coal gas by admixture with it of an oxy-oil gas made under Tatham's patents, in which crude oils are cracked at a comparatively low temperature, and are there mixed with from 12 to 24 per cent. of oxygen gas.
"Well, sir, he assured me that he had not been shaken by his losses, said that he kept his manufacturing business entirely separate from his speculations, gave me a history of the manner in which my brother's inventions had come into his hands, and, finally, showed me a little account book, in which he had recorded his profits from manufactures under what he called the Benedict Patents."
I have been warned that foreign spies are trying to get hold of some of my patents, and also to hamper the government in the use of some others I have sold. But they'll have their own troubles to get away with anything. The works are pretty well guarded, and you forget I have the giant, Koku, who is almost a personal bodyguard." "Yes, but he can't be everywhere at once.
The more important acts of the municipal government are rarely decided upon without the co-operation of one of their body. These affairs may be brought under the following heads: 1. The erection of prisons and courts of justice. 2. The county budget, which is afterward voted by the state. 3. The assessment of the taxes so voted. 4. Grants of certain patents. 5.
Next week I intend to take up my quarters in the factory, up in the garret, and have my first machine made there secretly, under my own eyes. In three months the patents must be taken out and the Press must be at work. You'll see, my little Frantz, it will make us all rich- you can imagine how glad I shall be to be able to make up to these Fromonts for a little of what they have done for me.
Thus, by a stroke of the Minister's pen, was I, despite the patents of His Imperial Majesty, reduced to the rank of Port Admiral.
The main object of these companies was not, like that of the Western Union, to do a legitimate telephone business, but to sell stock to the public. The face value of their stock was $225,000,000, although few of them ever sent a message. One company of unusual impertinence, without money or patents, had capitalized its audacity at $15,000,000.
He had half a mind to return to the farm and bring the aeroplane home himself. But it was growing dark, and a distant rumble seemed to presage the return of the afternoon's storm. "Anyhow," the boy thought, and the thought consoled him, "all those devices are covered by patents, and even if they wanted to, they could not steal them. And yet and yet "
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