Note 212 — Chapter XV · Watt again visits Cornwall—Invention of the Rotary Motion—The Patent Right again assailed.

While Boulton spoke good humouredly to his partner in Cornwall with the object of cheering him up, he privately unbosomed himself to his friend Matthews in London. When requesting him to call at once on the bankers and get the account reduced to an advance of 12,000l., and thus obtain Mr. Watt’s release, he complained of the distress which the communications of the latter had caused him. He thought his conduct ungenerous, taking all the circumstances into account, and considering that the firm were within a year of being tolerably easy in money matters. “When I reflect,” he wrote, “on his situation in 1772 and my own at that time, and compare them with his and mine now, I think I owe him little.... I some time ago gave him a security of all my two-thirds, after paying off L. V. and W. [the bankers], from which you may judge how little reason he has to complain. He talks of his duty to his wife and children; by the same rule I ought not to neglect mine. His wife’s fortune joined to his own did not amount to sixpence: my wife brought me in money and land 28,000l. I advanced him all he wanted without a security, but in return he is not content with an ample security for advancing nothing at all but what he derived from his connexion with me.”—Boulton to Matthews, 28th June, 1781. Boulton MSS.