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Updated: May 6, 2025
But, if he has judged right, then he counts his profits by hundreds of thousands; and how many patents does he work thus! Of how many inventions does he reap the results which are a fortune, and the inventors of which have no shoes to wear!
People used to say he would never amount to anything, that inventors never did, but Mr. Swift proved them all wrong by amassing a considerable fortune out of his many patents. He grew up, married and had one son, Tom. Mrs. Barton died when Tom was three years old, and since then he had lived with his father and a succession of nurses and housekeepers.
The fact that Edison conferred at this point with Mr. Lowrey should, perhaps, be explained in justice to the distinguished lawyer, who for so many years was the close friend of the inventor, and the chief counsel in all the tremendous litigation that followed the effort to enforce and validate the Edison patents. As in England Mr.
Having secured patents in the United States and in the principal countries of Europe, Mr. Colt exerted himself to organize a company for the manufacture of his revolver. He met with considerable opposition, for it was commonly asserted that his pistol would never be of any practical value.
"I'll wait out here 'til you see Dad," Tom told her, to her relief, and she heard him telling one of the clerks how his "baby" could make sixty as easy Suddenly Robin took in other voices, one deep, one soft and drawling. A door at the end of the room stood half-open. She leaned toward it, alertly listening. "And you say this invention is your own, Kraus? Have you your patents?"
"You mean," faltered the government agent. "You say " "I mean," went on Tom, "that Silent Sam is for Uncle Sam without one cent of cost! My father and I take great pleasure in presenting such machines as are already manufactured, those in process of making, and the entire patents, and all other rights, to the government for the winning of the war!" "Oh!" said Mr. Terrill in rather a strange voice.
As the lottery did not regard the wishes of parties, many private bargains were made, previously to the issuing of the patents, in order that friends and connections might be placed near to each other. Some sold their rights, exchanging with a difference, while others sold altogether on the Peak, or in the group, willing to confine their possessions to one or the other of these places.
"Was it, in your opinion, a bona fide railroad, Mr. Tisdale? Or simply a lure to entice people to make coal locations in order that they might be bought after the patents were issued?" "It was started in good faith." The steel rang, a warning note, in his voice. "The largest stockholder had spent nearly a hundred thousand dollars in opening his coal claim.
Won't I get rich!" But at this a new difficulty presented itself to his mind. He foresaw no trouble in procuring patents for his inventions, but how about the capital for their exploitation? Presumably this was quite as necessary here in England as it would have been in America in 1876. Unfortunately, his original plan was impossible of fulfilment. Rebecca had failed him as a capitalist.
Nay, the fact is admitted by Sir Francis Head in the supplemental chapter to his "Narrative," as well as by the Committee appointed by the Assembly to investigate the matter, and the attempts to explain it away are of the weakest kind. The number of patents issued was so great as to require a special staff of extra clerks to get them ready by the time they were wanted.
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