Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-03-08
INVENTORS.
MvENroR's AID ASSOCIATION OF MEM
PRIR

AP8gAACEAN - &O1%Na80 0@8R@nO
NvENToR,s AID ASSOCIATION OF MEM
PKIs.
The inestimabIe benefits to be conferred
by this association not only upon that In
telligens and worthy class OF our fellow
citizens whom 1t Ia especially designed o
be apparent 60 all, N should at ones
commend 1t 70 the favorable confederation
OF every liberal minded and enterprtsing
capitalist. The great distinguishing char
acteristics OF the age In which we I've is
b application of science to the meohani-
cal arts in the production OF labor-saving
inventions, and that people who neglect
TO encourage the inventor must forever
remain behind in the grand march Of i'm
provement. The spinning-jenny and n.y.
ing shuttle, the rolling mil and trip-ham-
mer, the t~urning-lathe and planning ma
chine. and a thousand other inventions,
with b delicate touch of q fairy, or the
gigantic power Of the Titan, have given
TO manufactures within the last century
Q variety, magnitude and splendor wholly
unknown in former times; the steamboat
and railroad almost annihiIating distance,
aided by the telegraph, emphatically OBJ
nterattng time, have entirely revolution
lied commences; while the eottOn-gin and
sugar-m1u, The grain-reaper and threBher,
the gang-plow and cultivator, and the
scientific application of manur to i'm
| pover1shed soils, and the varied improved
modes OF cultivation, are beginning to
place agriculture, the foundation of all,
upon a similar cageer of greatness and
prosperity.
DEVELOPMENT OF eENTUs.
But many and wonderful as the achieve
ments of modern genius have been, the
realm of invention is absolutely exhaust
less, and still more astounding triumphs
| of mind over matter are yet TO be added
to the splendid list. Especially in the
South Is the genius of invention being
awakened from It's long and inglortouH
slumber. Even already has the proper
ton of patents, Issued from the United
States patent office to southern inventors,
increased since the war from six TO thir-
ty-two per cent. of the whole. This ia
owing, in q great measure, to necessity,
that fruitful mother Of invention, who
never fails to bring forth her progeny in
due season.
PECULIAR NECEssITIEs CT THE SOUTH.
The unreliable and worthless system Of
labor imposed upon them by this results
of the war, and the oppression and vii
lainous- thieytng and plundertng to
which they have been subjected ever
since, preventing foreign lsbOrers from
coming among them TO live, have inn
pressed the refiscting portion Of the
southern people with the Importance and
absolute necessity of supplying this def
cheney in their labor by the invention and
adoption of labor-saving agricultural ma
chinery, adapted to the cultivation of
their great staple products. Hence both
the planter and mechanic have for some
time been giving this subject their ssri-
GUS attention.
MONEY, NOT GENIUS, IS WANTING,
Many useful and highly valuable in
ventions of this character have been
brought out, and many more ave been
made, and would be brought out imme-
distely but for want of mean to perfect
and manufacture them. To supply this
means is the object of the Inventors Aid
association. But while it will relieve the
l4nventOr, and prove q blessing to the
community at large by enabling him to
bring out his inventions, 1t furnishes q
sure and highly remunerative Investment
for the capitalist.
A SAFE LNvEsTMRNT.
Messrs. Mum & Co., Of New York, edi-
tors and proprietOrs of the Scientific
American, who hsYs realized an immense
fortune from purchasing an interest In
new inventions say: SIT may be affirmed
that industrial enterprises and speculs-
ions which are connected with the devel-
opment and Introduction of new inven-
tions, are among the most sure and profit
able that can be made" The following
on the same point is from an official re-
port of q chief examiner of the United
States patent office: "a patent, If it Is
worth anything, when properly man
aged, is worth and can easily be sold for
from ten to fifty Thousand dollars. These
remarks only spply to patents Of minor
or ordinary value. They do not apply to
such as the telegraph, the planing-ma-
chine M the rubber. patents, which are
worth millions EACH"
ILLUSTRATIONS OF THE FACT.
A few cases of the first kind will better
illustrate our meaning. A man obtained
q patent for q slight Improvements In
strawcutters, took a model of his inven-
ton through the western States, and after
q tour of eight months, returned with
forty Thousand dollars In cash, or its
equivalent.
GOOD THING.
And this inventor obtained extension
of 6 patent for a machine TO thresh and
clean grain, and sold 1t in about fifteen
months for sixty Thousand dollars. A
third obtained q patent for 9 printers ink
and refused fifty Thousand dollars for 1t, /
and finally sold it for sixty thousand dol !
lars.
These are ordinary cases Of minor in
vention, involving no very considerable
inventive powers, and of which hundreds
go ont of the patent Office every year.
Experience shows that the most profita-
bic patents. are those which contain very
little real invention and are to q super
fetal observer Of little value.
JOLLY.
But why refer to Messrs. Mum Il Co.,
or to official report from the United states
patent office, toshow the value of patents,
when we have all heard Of the princely
fortune made by Mr.. Williams, of Column
bis, in this State, on his patent for q car
risge-wheel. After having made on it the
year before $3.50, OO0, he was offered for 1t
last spring a million and a half in cash.
THE ASSOCIATION
above named, is incorporated. Its pur-
pose is to aid inventors in securing pat
ents, in each Of which 1t will have q de-
fined interest. One successful invest
ment by the company will at once refund
the small sums invested by each stock
holder, and there are nov Inventions
made by mechanics and others of his
city, which are pronounced invaluable.
Inventive genius will be stimulated as
never before, and the profits on patents
will be retained at homas At an early
period the association proposes to con
Vene in this city all inventors, Of this and
adjacent States, who will present models
of the products Of their genius n toll
~