Note 120 — Chapter X · Boulton and the Steam Engine—Correspondence with Watt.
Reading edition
“I am really very sorry on my own account,” he wrote, “that your engagements hinder you from entering into our scheme, for that ought to be the result of your deliberation. Though there are few things I have wished more for than being connected with you on many accounts, yet I should be very loath to purchase that pleasure at the expense of your quiet, which might be the case if you involved yourself in more business than you could easily manage, or, what is worse, find money for. Besides, this is not a trade, but a project; and no man should risk more money on a project than he can afford to lose.”—Watt to Small, 21st October, 1769. Boulton MSS.