"
[6] Mr. Richard Taylor, F.S.A., memoir in 'Philosophical
Magazine' for October 1847, p. 300.
[7] The price of a single cylinder non-registering machine was
advertised at 900L.; of a double ditto, 1400L.; and of a cylinder
registering machine, 2000L.; added to which was 250L., 350L., and
500L. per annum for each of these machines so long as the patent
lasted, or an agreed sum to be paid down at once.
CHAPTER VII.
THE WALTERS OF THE TIMES: INVENTION OF THE WALTER PRESS.
"Intellect and industry are never incompatible. There is more
wisdom, and will be more benefit, in combining them than scholars
like to believe, or than the common world imagine. Life has time
enough for both, and its happiness will be increased by the
union." --SHARON TURNER.
"I have beheld with most respect the man
Who knew himself, and knew the ways before him,
And from among them chose considerately,
With a clear foresight, not a blindfold courage;
And, having chosen, with a steadfast mind
Pursued his purpose."
HENRY TAYLOR--Philip van Artevelde.
The late John Walter, who adopted Koenig's steam printing press
in printing The Times, was virtually the inventor of the modern
newspaper. The first John Walter, his father, learnt the art of
printing in the office of Dodsley, the proprietor of the 'Annual
Register.' He afterwards pursued the profession of an
underwriter, but his fortunes were literally shipwrecked by the
capture of a fleet of merchantmen by a French squadron.
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