The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-05-20


mic. are applied to By foreign government: to con-
tries. He contrastsd the present condition of the
United States with that Of Mexico and other countries
and attributed present high position to the deve
lopment of American inventive talent II the Inventions
OF Evans Fitch and others, that he could name had
been and encouraged In the way proposed by
this project the United States would now be ATTY years
in advance Of what 1t H. Many of inventors after
want OF abandon them having yaipiv trusted
20 the gratitude and public spirit of their fellow
ne nstanced the case Of man now 10 years of Who
perfecting several inventions which enriched those
VINO introduced them is poor and he had no doubt
There are thousands ofother instances same kind
decidedly matter Of regret that project Of the
nature here proposed had been carried out long be-
lore this time About thirty years since mutual pro-
and ,I ASSOCIATION was organised by few mechanics
ais city, but as yet it appears that there is
am by which the poor inventor can Introduce the
psprng OF his talent into general From tho know
ledge he has Of Inventions thinks the project under
consideration will if carried out result In profit Of at
ieast one thousand cent on the capital invested
A. Mr. ANDREws, the chairman being called upon, said
That although he not DESTROYS speaking yet he
expected that he would be called upon and In order to
save time had drawn up few remarks which he would
.ead 10 the meeting He that many associa-
easi mutual benefit had been formed but failed nom
ueects The objects to be sought in an association OF
tns kind should be confined to tsnets confined to
theories that cannot be practically proved This nsti-
tuton he said should be Independent one as nde-
pendent as inventors themselves in mind The In
ventors Institute is to be investigating institute,
with two-fold objsctone to assist needy inventors,
and the other to acquire wealth. which he looked
upon the handspring Of all human action in
the lsth century. That which 10 unknown to-day
IL known tomorrow, and conduces to the wealth
Of the inventor well the wealth Of the nation In
vention is the characteristic Of NEUTRALITY-SUSPICIOUS. 1t
we would be nothing but savages Were 1t not for in
'ention. we would to-day be writing parchment
stead of paper, with a style instead of pen, and
reading from the parchment instead OF the printed
page. Invention suffers from want of means to de-
velope its products and it is the province of the
plated institute to help and assist the inventor in bring
ing his inventions into use; and not obge him. is
frequently the case to go to the man Of wealththe
Drain pierers-and solicit him to purchase 1t for
OF pottage for his furnishing famy-the wealthy man
afterwards reapng the reward which Of right belonged
To the author Of the invention. The speaker then
estimated tho profits of the proposed institute,
which he demonstrated would be greater
while the risk would be less than in any other enter
prise The advantages to from association Of
this kind to the inventor and to the public innu
he said, that it is proposed that this shall be self
existing sefsupportng active asd profitable institution
II is in fact organzed-the capital $4,000 il paid
1n.the shops engines, SC and dwelling houses
oWlt-two inventions are now in progressively appi-
cations pending, and the capital which is to be
subscribed Tor the sole purpose of putting into practical
operation such inventions as be approved Of Two
inventions in practical operationone which
i've hundred two gallon kegs made every day and
contract for supplying 10000 of which ia entered into
aud another invention for manufacturing locks for the
United states maa contract doing which has like
wise been entered into
Mr. CLINTON ROOSEVELT enquired IL it was intended
that this institute should act in opposition or was in
tended IN any why to disparage the National Associa-
ton u Inventors, Of which he member-to which
Mt ANDREWS replied there intention of the
kind
Mr.. Rowen and Mr. Clinton Roosevelt were then add
ed to the committee appointed at the morning meeting
to visit Perth Amboy and report at n future day and
resolution passed requesting the committee to report
next Wednesday
luded to the necessity Of having institution like the
one proposed.