Note 363 — Chapter V · THE MULE AND THE RISE OF A NEW COTTON MANUFACTURE

Letter addressed to Sir Joseph Banks, 30th October 1807. Brown, The Basis of Mr. Samuel Crompton’s Claims, p. 24. In the agreement on which the machine was made public fifty-five individuals and firms promised to subscribe £1, 1s. each, twenty-seven 10s. 6d., one 7s. 6d. and one 5s. The agreement concluded with a statement that “a contribution is desired from every well-wisher of the trade.” It is said that some of those included in the list did not subscribe, and, according to Mr. Kennedy’s account, Crompton, at this time, received only about £50. In the evidence before the Committee on Crompton’s petition in 1812, the amount was stated as £106. Brown, ibid., pp. 24, 31. French, ibid., pp. 84, 271, 272. Infra, p. 187.