PROCEEDINGS OF THE POLYTECHNIC ASSOCIATION. 415 



improve on the plans. Thus the inventions will grow upon paper 

 until it is time to spend money upon them. 



"3. Engineers and experts, whose reputation will influence 

 capitalists, will be invited to examine and report on the inven- 

 tions. Thus liberal men will be induced to contribute means of 

 efficient trial and success if the inventions be good, and some use- 

 ful instruction even in case of. failure. 



"4. Artizans will be invited to contribute models and experi- 

 ments, and to work in their leisure time on the company's inven- 

 tions, as an investment in them. 



" 5. Advertisers and advocates, such as the editors of newspa- 

 pers, Avill be invited to make known to the public, with a view to 

 subscriptions, such inventions as are approved by the experts." 



" 6. Money entrusted to the trustees for general use, to be 

 applied by them on the recommendation of the experts, but sub- 

 scriptions to be open for those who prefer to select the inventions 

 in which to take an interest. 



'' 7. Part of the profits on inventions to remain in the concern, 

 at the permanent credit of the author, &c. 



" 8. When an invention is sold, judges to be named to examine 

 the records, and award to the inventors, engineers, counsellors, 

 and capitalists, &c., their just respective shares of the common 

 gain, &c. 



"9. Provides that in the election of officers the right of vote 

 should depend on a valuation of the interests in the form of 

 inventions, criticisms, advice, capital, and should be represented 

 by certificates, such certificates however not to affect dividends." 



Mr. Garbanati said that from 1811 to 1815, the country being 

 shut out from intercourse with Europe, our manufactures in- 

 creased rapidly. For a like reason the southern states will now 

 be under the necessity of engaging in mechanical pursuits. The 

 war will interrupt the supply of cotton, and other materials will 

 take its place ; and so far as capital is diverted into new chan- 

 nels, it will not readily return. 



Mr. Veeder. — The principal reason for the failure of the efforts 

 of Georgia and other southern states to manufacture their own 

 cotton, was the want of intelligent operators. Now necessity 

 will compel them to turn their attention again to the mechanic 

 arts and to manufacturing. 



Mr. Nash. — The mechanic arts cannot flourish with slavery, for 

 their whole tendency is freedom. The mechanic arts would travel 



