FORTUNES FROM WAR.

Taranaki Daily News, 6 April 1916, Page 7

FORTUNES FROM WAR.

GRENADE INVENTOR MAKES £150,000. Although the number of patents fUed in Great Britain during the war has been fer below the average in normal times, Messrs Hughes and Young, the patent agents of Chancery Lane, London, state that the inventor has made more money than at any period since the great cycle boom. A rich financial harvest has been reaped by a number of inventors of armament devices. It is computed that one of the many inventions, connected with hand grenades, has already brought the fortunate inventor upwards of £150,000 in royalties. The inventor of the Gardwell machine gun is reported to have received £65,000 and a royalty of £3 per gun manufactured. The deviser of the "Bors" periscope trench rifle, with which the Australians are equipped, has received a large sum for his patent rights. The inventors of a life-saving appliance received orders valued at over £30,000. .Hundreds of other inventors have made money by using their brains, during tile war, and producing devices for simplifying existing machinery,. thereby enabling'manufacturers to reduce the cost of working. Most of the successful war inventors are those who put their inventions to commercial use before submitting them to the Government. The man who invented a special box for carrying hand grenades submitted samples, quoted prices, and received a large order, which has laid the foundation of an extensive business.