[Industrial Biography by Samuel Smiles]@TWC D-Link book
Industrial Biography

CHAPTER III
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He succeeded in inducing Walter Stevens, linendraper, and John Stone, merchant, both of Bristol, to join him as partners in an ironwork, which they proceeded to erect near that city.

The buildings were well advanced, and nearly 700L.

had been expended, when a quarrel occurred between Dudley and his partners, which ended in the stoppage of the works, and the concern being thrown into Chancery.

Dudley alleges that the other partners "cunningly drew him into a bond," and "did unjustly enter staple actions in Bristol of great value against him, because he was of the king's party;" but it would appear as if there had been some twist or infirmity of temper in Dudley himself, which prevented him from working harmoniously with such persons as he became associated with in affairs of business.
In the mean time other attempts were made to smelt iron with pit-coal.
Dudley says that Cromwell and the then Parliament granted a patent to Captain Buck for the purpose; and that Cromwell himself, Major Wildman, and various others were partners in the patent.

They erected furnaces and works in the Forest of Dean;[12] but, though Cromwell and his officers could fight and win battles, they could not smelt and forge iron with pit-coal.


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