“The manufacture of yarn being at length full established, the demand for it became too great for the patentees to supply, and then they sold licenses very extensively, so that at least 60,000 l. has been expended in consequence of such grants. Mr. Arkwright and his partners have expended upwards of 30,000/. in buildings and machinery in Derbyshire, and above 4,000 /. in Manchester; and they have lost not less than 5,000 l. or 6.000 l. by injuries from mobs, and from fire. The saving of labour by this machinery is several hundred thousands per annum, and yet trade is so greatly increased, that many more people are employed, and can earn a comfortable maintenance, than were employed before. The same inventions maybe applied with equal advantage to prepare and spin wool.”

The case, 1782

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The manufacture of yarn being at length full established, the demand for it became too great for the patentees to suppl…" by Richard Arkwright?
Richard Arkwright photo
Richard Arkwright 8
textile entrepreneur; developer of the cotton mill 1732–1792

Related quotes

Richard Arkwright photo

“The manufacture of yarn being at length full established, the demand for it became too great for the patentees to supply, and then they sold licenses very extensively, so that at least 60,000 l. has been expended in consequence of such grants. Mr. Arkwright and his partners have expended upwards of 30,000/. in buildings and machinery in Derbyshire, and above 4,000 /. in Manchester; and they have lost not less than 5,000 l. or 6.000 l.”

Richard Arkwright (1732–1792) textile entrepreneur; developer of the cotton mill

by injuries from mobs, and from fire. The saving of labour by this machinery is several hundred thousands per annum, and yet trade is so greatly increased, that many more people are employed, and can earn a comfortable maintenance, than were employed before. The same inventions maybe applied with equal advantage to prepare and spin wool.
The case, 1782

Richard Arkwright photo
Richard Arkwright photo
Augustus De Morgan photo
Gérard Debreu photo

“L. Walras first formulated the state of the economic system at any point of time as the solution of a system of simultaneous equations representing the demand for goods by consumers, the supply of goods by producers and the equilibrium condition that supply equal demand on every market.”

Gérard Debreu (1921–2004) French economist and mathematician

Arrow, Kenneth J., and Gerard Debreu. " Existence of an equilibrium for a competitive economy http://cowles.econ.yale.edu/P/cp/p00b/p0087.pdf." Econometrica: Journal of the Econometric Society (1954): p. 265

Kenneth Arrow photo
Rumi photo

“This is what is signified by the words Anā l-Ḥaqq, "I am God." People imagine that it is a presumptuous claim, whereas it is really a presumptuous claim to say Ana 'l-'abd, "I am the slave of God"; and Anā l-Ḥaqq, "I am God" is an expression of great humility”

Rumi (1207–1273) Iranian poet

Commenting on the famous expression of Mansur al-Hallaj, for which al-Hallaj was executed as a blasphemer, in The Mathnawí of Jalálu'ddín Rúmí, Vol. 4, part 7, edited by Reynold Alleyne Nicholson (1940) p. 248
Variant translation: People imagine that it is a presumptive claim, whereas it is really a presumptive claim to say "I am the slave of God"; and "I am God" is an expression of great humility. The man who says "I am the slave of God" affirms two existences, his own and God's, but he that says "I am God" has made himself non-existent and has given himself up and says "I am God", that is, "I am naught, He is all; there is no being but God's." This is the extreme of humility and self-abasement.
Context: This is what is signified by the words Anā l-Ḥaqq, "I am God." People imagine that it is a presumptuous claim, whereas it is really a presumptuous claim to say Ana 'l-'abd, "I am the slave of God"; and Anā l-Ḥaqq, "I am God" is an expression of great humility. The man who says Ana 'l-'abd, "I am the servant of God" affirms two existences, his own and God's, but he that says Anā l-Ḥaqq, "I am God" has made himself non-existent and has given himself up and says "I am God", that is, "I am naught, He is all; there is no being but God's." This is the extreme of humility and self-abasement.

James Madison photo

“Mr. Madison wished to relieve the sufferers, but was afraid of establishing a dangerous precedent, which might hereafter be perverted to the countenance of purposes very different from those of charity. He acknowledged, for his own part, that he could not undertake to lay his finger on that article in the Federal Constitution which granted a right of Congress of expending, on objects of benevolence, the money of their constituents.”

James Madison (1751–1836) 4th president of the United States (1809 to 1817)

Summation of Madison's remarks (10 January 1794) Annals of Congress, House of Representatives, 3rd Congress, 1st Session, p. 170 http://memory.loc.gov/cgi-bin/ampage?collId=llac&fileName=004/llac004.db&recNum=82; the expense in question was for French refugees from the Haitian Revolution; this summation has been paraphrased as if a direct quote: "I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents."
1790s

Carl Sagan photo
Stanley Baldwin photo

Related topics