(75.)

The following abstract of this Act may not be uninteresting at this time, when the anticipations expressed in it have been so successfully and extensively realised:—

"An Act for vesting in James Watt, engineer, his executors, administrators, and assigns, the sole use and property of certain steam engines, commonly called fire engines, of his invention, throughout his majesty's dominions, for a limited time:

"And whereas the said James Watt hath employed many years, and a considerable part of his fortune, in making experiments upon steam engines, commonly called fire engines, with a view to improve those very useful machines, by which several very considerable advantages over the common steam engines are acquired; but upon account of the many difficulties which always arise in the execution of such large and complex machines, and of the long time requisite to make the necessary trials, he could not complete his intention before the end of the year 1774, when he finished some large engines as specimens of his construction, which have succeeded, so as to demonstrate the utility of the said invention:

"And whereas, in order to manufacture these engines with the necessary accuracy, and so that they may be sold at moderate prices, a considerable sum of money must be previously expended in erecting mills and other apparatus; and as several years and repeated proofs will be required before any considerable part of the public can be fully convinced of the utility of the invention, and of their interest to adopt the same, the whole term granted by the said letters patent may probably elapse before the said James Watt can receive an advantage adequate to his labour and invention:

"And whereas, by furnishing mechanical power at much less expense, and in more convenient forms, than has hitherto been done, his engines may be of great utility, in facilitating [Pg133] the operations in many great works and manufactures of this kingdom; yet it will not be in the power of the said James Watt to carry his invention into that complete execution which he wishes, and so as to render the same of the highest utility to the public of which it is capable, unless the term granted by the said letters patent be prolonged, and his property in the said invention secured for such time as may enable him to obtain an adequate recompense for his labour, time, and expense:

"To the end, therefore, that the said James Watt may be enabled and encouraged to prosecute and complete his said invention, so that the public may reap all the advantages to be derived therefrom in their fullest extent: it is enacted,

"That from and after the passing of this Act, the sole privilege and advantage of making, constructing, and selling the said engines hereinbefore particularly described, within the kingdom of Great Britain, and his majesty's colonies and plantations abroad, shall be, and are hereby declared to be, vested in the said James Watt, his executors, administrators, and assigns, for and during the term of twenty-five years," &c. &c.