spread in England by means of the improvement introduced by Sir Thomas
Lombe, in the invention of his large engines, which are described as
being of "a most curious and intricate structure,"[1] but which in
our own day, when mechanical ingenuity has reached a high degree
of excellence, and machinery seems itself almost an intelligent
principle, would, probably, be regarded as merely "curious and
intricate," without possessing any practical value.[2]
[Footnote 1: The 6th of the excellent _Essays_ by the Rev. Jared
Eliot, _on Field Husbandry, &_ c., 1761, is devoted principally to
recommendations of the culture of mulberry trees for the raising of
silk-worms. In page 161, is a reference to Sir Thomas Lombe, "that
eminent throwster, who erected the great engine in Derbyshire; a
wonderful structure, consisting of twenty-nine thousand five hundred
and eighty-six wheels, all set a going and continued in motion by one
single water-wheel, for working silk with expedition and success." See
also Appendix VII.]
[Footnote 2: Manuscript lecture of J. Willard, Esq.]
A Corporation was formed in London, in 1707, with the professed
intention of lending money to the poor on small pledges, and to
persons of better rank, upon an answerable security, for setting them
up, or assisting them in business. Its capital was then limited to
L30,000, but in 1730 increased to L600,000, and a charter granted to
the Corporation, by act of Parliament. But in October 1731, two of the
chief officers, George Robinson, Esq., member for Marlow, the Cashier,
and John Thompson, the Warehouse keeper, disappeared on the same day.
This gave the Proprietors great alarm; and an inspection of affairs
led to the discovery that for a capital of about L500,000, no
equivalent was found to the value of L30,000; the remainder having
been disposed of by ways and means of which no one could give an
account. In consequence of this defalcation, a petition of the
Proprietors was presented to the Parliament alleging that some who had
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