Note 185 — Chapter XIV · Financial Difficulties—Boulton in Cornwall—Attack and Defence of the Engine Patent.

Thomas Day, the eccentric but kindly author of ‘Sandford and Merton,’ lent Boulton 3000l. at 4 per cent. When Boulton came to pay a higher rate of interest on other loans, he wrote Day proposing to pay him the same rate; but Day refused to accept the advance, as he could not make more of his money elsewhere. Day, however, offered him some good advice. “Give me leave,” said he, “with the real interest of a sincere friend, to express my wishes that now at last when a fortune is within your power, you will contract that wide sphere of business in which your ingenuity has so long kept you engaged, and which has prevented you hitherto, if I may believe the words of one of your sincerest friends, the late Dr. Small, from acquiring that independence which you ought to have had long ago. I should think that now, like a good Christian, thoroughly convinced of the inutility of other works, you ought to attach yourself to the one thing needful, and determine to be saved ‘even as by fire.’ You are now, dear Sir, not of an age to sport any longer with fortune. Forgive the freedom of these sentiments, and believe me, with the greatest sincerity and regard, Yours, &c.,

“Thomas Day.”