Note 291 — Chapter XVII · Commercial Politics—The Albion Mills—Riots in Cornwall—Prosperity of Boulton and Watt.

Boulton acted with his usual open-handed generosity in his partnership arrangements with Watt. Although the original bargain between them provided that Boulton was to take two-thirds, and Watt one-third profits, Boulton providing the requisite capital and being at the risk and expense of all experiments, he subsequently, at Watt’s request, agreed to the profits being equally divided between them.