Manuscripts/Mixed Material [Italian Shoe Machine Worker, Beverly #5]: a machine readable transcription.
“What was your trouble, Mr. Lovett? You objected to paying a minimum royalty, when business was slack and you did not use the machines.
“Also, the repair parts cost too much? And you couldn't return the leased machines, without paying the company a large sum for overhauling them? I never heard before, that unfortunate companies were forced to keep and pay royalties on machines that they no longer used or wanted, because the reconditioning charges were more than they could pay.
“Why, then, did you lease any machines of the United Shoe?
“Of course they were much better and more effecient. We are always making improvements. Our inventors are very clever.
“If other machinery manufacturers have not got as smart inventors, that's their hard luck.
“Sure the government protects inventors. Without inventions there would be no progress.
“Inventors are queer people. Few are good business men. Most of them are better off working for a good salary.
“I know lots of inventors. In the engineering department we test out their ideas. The United Shoe pays them very well. Some of them would starve if they worked on their own.