| Description | Mis-dated by Boulton as 1780.
On the same sheet:
Transcript of letter. James Woodmason (London) to James Watt & Co. [Soho]. 29 Jun. 1781.
Summarised "Private thoughts to Watt. Boulton & Watt’s accounts to be kept separate from Boulton & Fothergill’s. The Cornish proprietors to pay the erectors and insurances. Concerning Boulton’s scheme and models for rotative motions."
Dear Sir
I received yours of the 25th June yesterday but I had so many engagements at Birmingham that I could not write to you and therefore I shall to vote this good Sunday morning to you I am sorry Mr Henderson did not take my advice which in effect was to provide for P and leave himself with you as I forward it would be convenient and agreeable to you to have a conversable person to talk to about business but I fear she tramples upon all his philosophy I have looked into the letter book and don't see anything in our letters that he might not show at wheel virgin and indeed there are many things said in there that was proper he should read to them open this is not the characteristic of a cornishman yet if you should inadvertently speak the truth don't vex but about it I am sure upon the whole they have no reason to complain of us and so long as we preserve a consciousness of that I would speak and act freely and boldly and care not a fig for scholars as to the Manchester scheme I suppose we may add them to the same catalogue in which we in which are enrolled all Mr hate please Mr whispers Mr Matthews Mr pintos Mr. Jones the Spaniards and the Truro men's and therefore I did not think it necessary to vex you with nonsense or divert your attention one moment from the great Cornish object true wisdom directs to convert all evil into good an I think we may devise the means of providing for H of acting generously by him and at the same time make him contribute to our interest I think the engine business will take a new form after we have finished Cornwall and then we shall judge what is best to become the value of the no pals ETC shipped by some 195 lbs and not 85 and in our letter to PB we told them of of the value was 185 lbs they are sailed many days ago and it will be too late for us to write at to rectify the mistake but I hope P&B have made none I yesterday Mr Spooner I yesterday paid Mr Spooner 200 lbs for iron dated 2 engine company and Mr dearman has brought in a bill for castings this year about 200 lbs exclusive of copying company and he must have a bill for £100 on Wednesday next and the other as soon as came to us that company of founders I find are shorting capital 12 months ago I desired Pearson to not mix BMW and account with B&F and to provide money for every week payments out of B&W funds but that has never been done I have now ordered it again to be done and have provided the separate means of obtaining the weekly cash for their workmen which will prevent any of Mr F remarks and will show the real state of any funds in a true light B&F have in had about 1000 lbs for BMW since exmas which makes the sum BW have paid for BF appear larger at all events it is better that B&W stand up on their own ground since they have ground to stand upon the will virgin or Paul dice or pool or cran ver had employed barge hornblower or Dudley the adventurers must have found the money to have paid for everything although those engines might probably pocket 5% the boy should bought them what who take no profit although at various expenses advance their own money to pay for insurance for castings etc etc at least they should not be kept out of it and therefore I shall endeavour by the next post to write out a few accounts and send either to you or Mr. Wilson with a prayer that one of you will prevent present them to wheel virgin and make that beach pay you before you strike a stroke for we shall not be thanks to be in advance for them but perhaps suspected that we have a profit because we advance our money and I hope you will also settle it that the mine pays all our people at the usual and customary times are paying and also paying subsist money if found necessary I have desired Pearson to change the iron work from Whitehaven 4 pence 4% I forgot what you promised it at but if I'm wrong you will please to rectify it Robert Cameron is not yet set out and though I wish him with you yet as he has so nearly finished the dipped each for the little engine I think it pretty that it should be from the side petty that it should be found inside an not tried I hope two days more will finish it and Ben hey start for Cornwall I think I shall send along with him a small model for you to play with and thereby to find out its defects and all the improvements it is capable of neither of which I know can escape you but you may not misunderstand the thing from defective... i have here we've sent you a drawing expressive of the elements of it which is as exact as my eyes with all the Rams pension assistance I could avail myself of would permit I think 45° is too great an angle and 22 1/2 two little not from anything in the principle but from other circumstances that will intervene I have drawn the pulley small in order to make the more of them and to keep them distinct from each other you are in this elementary drawing to conceive the pulley without the thickness or only align thick then when the police are at top and at bottom the edge will be towards the eye and will only be of breath of the line the middle one alone will be a circle in the drawing and all of all the most... hence the red line sure show how much should be put cut away in order to make the two pulleys touch all the way round although it is not material they do so exactly except the bottom and top points where the motion changes yet nevertheless by observing the rule the police will exactly touch all the way round but it is also necessary in the cutting the face away up to the red line that you still make that face point to the same common centre as expressed by the red line in the section I have this moment received a letter from wood Mason which I will consult Mr Keir about I herein send you a copy doctor Ferguson and Mr Garrett are just come to Soho and present prevent me from writing more than that I am with best respects to Mrs what dear Sir yours sincerely Matthew Bolton
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