(74.)
While Watt was endeavouring to overcome these and other difficulties, in the construction of the machine, his partner, Dr. Roebuck, became embarrassed, by the failure of his undertaking in the Borrowstowness coal and salt works; and he was unable to supply the means of prosecuting with the necessary vigour the projected manufacture of the new engines.
The important results of Watt's labours having happily at this time become more publicly known, Mr. Matthew Boulton, whose establishment at Soho, near Birmingham, was at that time the most complete manufactory for metal-work in England, and conducted with unexampled enterprise and spirit, proposed to purchase Dr. Roebuck's interest in the patent. This arrangement was effected in the year 1773, and in the following year Mr. Watt removed to Soho, where a portion of the establishment was allotted to him, for the erection of a foundery, and other works necessary to realise his inventions on a grand scale.
The patent which had been granted in 1769 was limited to a period of fourteen years, and would consequently expire about the year 1783. From the small progress which had hitherto been made in the construction of engines upon the new principle, and from the many difficulties still to be encountered, and the large expenditure of capital which must obviously be incurred before any return could be obtained, it was apparent that unless an extension of the patent right could be obtained, Boulton and Watt could never expect any advantage adequate to the risk of their great [Pg132] enterprise. In the year 1774 an application was accordingly made to parliament for an extension of the patent, which was supported by the testimony of Dr. Roebuck, Mr. Boulton, and others, as to the merits and probable utility of the invention. An Act was accordingly passed, in 1775, extending the term of the patent until the year 1800.