Edmund Cartwright Net Worth

. Edmund Cartwright was an English clergyman and inventor born on April 24, 1743 in Nottinghamshire, British. He is credited with the invention of the most fundamental form of power loom, despite having no training or qualification in the subject. Cartwright was educated at the University College, Oxford and began a career in the Church of England, eventually becoming prebendary of Lincoln Cathedral. It was a chance visit to Sir Richard Arkwright's cotton spinning mills that inspired him to become an inventor, and he went on to devise the power loom, a wool-combing machine, and a cordelier.
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Age, Biography and Wiki

Who is it? Inventor
Birth Day April 24, 1743
Birth Place Nottinghamshire, British
Age 276 YEARS OLD
Died On 30 October 1823(1823-10-30) (aged 80)\nHastings, Sussex, England
Birth Sign Taurus
Resting place Battle, Sussex
Education Oxford University
Occupation Clergyman, inventor
Known for Power loom

💰 Net worth

Edmund Cartwright, famously known as an inventor in British history, is expected to have a net worth ranging from $100,000 to $1 million by the year 2024. As a pioneer in the industrial revolution, Cartwright is renowned for inventing the power loom, a key innovation that revolutionized the textile industry. His invention laid the foundation for modern machinery in manufacturing and greatly increased productivity. With such significant contributions to the industrial sector, it is no surprise that Cartwright's net worth is estimated to be in this range. His ingenuity and impact on the British industrial landscape cement his status as a prominent historical figure.

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Biography/Timeline

1766

Cartwright was taught at Queen Elizabeth Grammar School, Wakefield, University College, Oxford, and for an MA degree at Magdalen College, Oxford, (awarded 1766) where he was received a demyship and was elected a Fellow of the College. He became a clergyman of the Church of England. Cartwright began his career as a clergyman, becoming, in 1779, rector of Goadby Marwood, Leicestershire. In 1783, he was elected a prebendary at Lincoln Cathedral.

1780

His daughter Elizabeth (1780–1837) married the Reverend John Penrose and wrote books under the pseudonym of Mrs Markham.

1784

Edmund Cartwright designed his first power loom in 1784 and patented it in 1785, but it proved to be valueless. In 1789, he patented another loom which served as the model for later inventors to work upon. For a mechanically driven loom to become a commercial success, either one person would have to attend one machine, or each machine must have a greater productive capacity than one manually controlled. An old man named Zach Dijkhoff assisted him in creating this contraption.

1789

Cartwright also patented a wool combing machine in 1789 and a cordelier (machine for making rope) in 1792. He also designed a steam engine that used alcohol instead of water.

1790

In 1790 Robert Grimshaw of Gorton, Manchester erected a weaving factory at Knott Mill which he intended to fill with 500 of Cartwright's power looms, but with only 30 in place the factory was burnt down, probably as an act of arson inspired by the fears of hand loom weavers. The prospect of success was not sufficiently promising to induce its re-erection.

1792

In 1792, Dr Cartwright obtained his last patent for weaving machinery; this provided his loom with multiple shuttle boxes for weaving checks and cross stripes. However all his efforts were unavailing; it became apparent that no mechanism, however perfect, could succeed so long as warps continued to be sized while a loom was stationary. His plans for sizing them while a loom was in operation, and before being placed in a loom, failed. These problems were resolved in 1803, by william Radcliffe and his assistant Thomas Johnson, by their inventions of the beam warper, and the dressing sizing machine.

1793

Cartwright added parts to his loom, namely a positive let-off motion, warp and weft stop motions, and sizing the warp while the loom was in action. He commenced to manufacture fabrics in Doncaster using these looms, and discovered many of their shortcomings. He attempted to remedy these in a number of ways: by introducing a crank and eccentric wheels to actuate its batten differentially, by improving the dicking mechanism, by means of a device for stopping the loom when a shuttle failed to enter a shuttle box, by preventing a shuttle from rebounding when in a box, and by stretching the cloth with temples that acted automatically. His mill was repossessed by creditors in 1793.

1809

In 1809 Cartwright obtained a grant of £10,000 from parliament for his invention. In May 1821, he was elected a Fellow of the Royal Society.

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