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The Lives of the Poets of Great Britain and Ireland (1753) Volume V. by Theophilus Cibber
page 271 of 375 (72%)
Oil, as sweet as that from Olives, from the Beech-Nuts: But this being
an undertaking of a great extent, he was obliged to work conjointly with
other men's assistance, and materials; whence arose disputes among them,
which terminated in the overthrowing the advantage then arising from it;
which otherwise might have been great and lasting.

This, has occasioned that affair to be misunderstood by many; it
therefore may not be thought improper, here, to set it in a juster
light; and this cannot more exactly be given, than from his own words,
called, A fair state of the Account, published in the year 1716.

'An impartial state of the case, between the patentee, annuitants, and
sharers, in the Beech-Oil-Company.'--Some part of which is here
recited.

'The disappointments of the Beech-Oil-Company this year have made
abundance of sharers peevish; the natural effect of peevishness is
clamour, and clamour like a tide will work itself a passage, where it
has no right of flowing; some gentlemen, misled by false conceptions
both of the affair and its direction, have driven their discontent
through a mistaken chanel, and inclined abundance who are strangers to
the truth, to accuse the patentee of faults, he is not only absolutely
free from, but by which he is, of all concern'd, the greatest sufferer.

'But, he is not angry with the angry; he considers they must take things
as they hear them represented; he governs all his actions by this
general maxim; never to be moved at a reproach, unless it be a just one.

'In October 1713 the patentee procured a grant for fourteen years, to
him and his assigns, for the Beech-Oil invention.
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