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Lives of Boulton and Watt. Principally from the Original Soho Mss

Note 289 — Chapter XVII · Commercial Politics—The Albion Mills—Riots in Cornwall—Prosperity of Boulton and Watt.

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“Mr. Watt hath lately remitted all his money to Scotland, and I have lately purchased a considerable quantity of copper at the request of Mr. Williams.... Besides which I have more than 45 tons of copper by me, 20 of which was bought of the Cornish Metal Company, and 20 of the Duke’s at 70l., and not an ounce of either yet used. In short, I shall be in a very few weeks in great want of money, and it is now impossible to borrow in London or this neighbourhood as all confidence is fled.”—Boulton to Wilson, 4th May, 1788.

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