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nydus/Great Fortunes, and How They Were MadePublic
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CHAPTER XVIII.

were not able to release it from the Custom-house. Major Noah, himself the proprietor of a newspaper, was at that time Collector of the port of New York, and he, being anxious to see the press in operation, requested Mr. Hoe to put it together. Mr. Hoe performed this task successfully, although the press was a novelty to him, and was permitted to take models of its various parts before it was reshipped to England. It was found to be a better press than any that had ever been seen in this country, and the Commercial Advertiser, of New York, and the Chronicle, of Philadelphia, at once ordered duplicates of it from England.

Mr. Hoe was very much pleased with this press, but believed that he could construct a much better one. "To this end he despatched his new partner, Mr. Sereno Newton, to England to examine all the improvements in machinery there, and bring home samples of such as he thought might be advantageously adopted in this country. Mr. Newton, besides being an ingenious mechanic, was well-read in books, and was considered one of the first mathematicians in New York. Returning from his mission, he constructed a new two-cylinder press, which soon superseded all others then in use." Mr. Hoe's health failed, compelling him, in 1832, to retire from the business.

Young Richard M. Hoe had been brought up in his father's business, after receiving a fair education. He inherited his father's inventive genius, combined with a rare business capacity, and from the first was regarded as the future hope of the establishment. Upon the withdrawal of his father, a partnership was established between himself, his brother Robert, Mr. Newton, and his cousin Matthew Smith, but the style of the firm remained unchanged.

Richard Hoe's first invention was conceived in 1837, and consisted of a valuable improvement in the manufacture of grinding saws. Having obtained a patent for it in the United States, he visited England in that

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