PART I: THE EVOLUTION OF THE AEROPLANE

IV. THE MIDDLE NINETEENTH CENTURY ( Page 3) < Previous     Next >

Continued from page 2......
PROPOSAL.

For subscriptions of sums of L100, in furtherance of an Extraordinary Invention not at present safe to be developed by securing the necessary Patents, for which three times the sum advanced, namely, L300, is conditionally guaranteed for each subscription on February 1, 1844, in case of the anticipations being realised, with the option of the subscribers being shareholders for the large amount if so desired, but not otherwise. --------- An Invention has recently been discovered, which if ultimately successful will be without parallel even in the age which introduced to the world the wonderful effects of gas and of steam.

The discovery is of that peculiar nature, so simple in principle yet so perfect in all the ingredients required for complete and permanent success, that to promulgate it at present would wholly defeat its development by the immense competition which would ensue, and the views of the originator be entirely frustrated.

This work, the result of years of labour and study, presents a wonderful instance of the adaptation of laws long since proved to the scientific world combined with established principles so judiciously and carefully arranged, as to produce a discovery perfect in all its parts and alike in harmony with the laws of Nature and of science.

The Invention has been subjected to several tests and examinations and the results are most satisfactory so much so that nothing but the completion of the undertaking is required to determine its practical operation, which being once established its utility is undoubted, as it would be a necessary possession of every empire, and it were hardly too much to say, of every individual of competent means in the civilised world.

Its qualities and capabilities are so vast that it were impossible and, even if possible, unsafe to develop them further, but some idea may be formed from the fact that as a preliminary measure patents in Great Britain Ireland, Scotland, the Colonies, France, Belgium, and the United States, and every other country where protection to the first discoveries of an Invention is granted, will of necessity be immediately obtained, and by the time these are perfected, which it is estimated will be in the month of February, the Invention will be fit for Public Trial, but until the Patents are sealed any further disclosure would be most dangerous to the principle on which it is based.

Under these circumstances, it is proposed to raise an immediate sum of L2,000 in furtherance of the Projector's views, and as some protection to the parties who may embark in the matter, that this is not a visionary plan for objects imperfectly considered, Mr Colombine, to whom the secret has been confided, has allowed his name to be used on the occasion, and who will if referred to corroborate this statement, and convince any inquirer of the reasonable prospects of large pecuniary results following the development of the Invention.

It is, therefore, intended to raise the sum of L2,000 in twenty sums of L100 each (of which any subscriber may take one or more not exceeding five in number to be held by any individual) the amount of which is to be paid into the hands of Mr Colombine as General Manager of the concern to be by him appropriated in procuring the several Patents and providing the expenses incidental to the works in progress. For each of which sums of L100 it is intended and agreed that twelve months after the 1st February next, the several parties subscribing shall receive as an equivalent for the risk to be run the sum of L300 for each of the sums of L100 now subscribed, provided when the time arrives the Patents shall be found to answer the purposes intended.

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