Employees are the key to any entrepreneur’s success, and he must know them intimately, trust them completely and pay them generously.
Scottish engineer James Nasmyth, son of an Edinburgh artist, set up the Bridgewater Foundry in Patricroft, Salford, in 1836. He tells us in his Autobiography that in the competitive market of Victorian heavy industry, the key to success was making sure that his employees never wanted to work for anyone else.
Henry Maudslay, the great engineer, had seen enough apprentices to last him a lifetime.
In 1829, artist Alexander Nasmyth tried to realise his son James’s abiding dream, an apprenticeship at Maudslay’s engineering firm in London. Presuming on a slight acquaintance, father and son presented themselves at Henry Maudslay’s home in Westminster, only to be told that apprentices had been such a disappointment that he would take no more. A guided tour of the factory was small compensation.
A loyal Scotsman on the run from pro-English traitors disguised himself as a blacksmith’s apprentice, but soon gave himself away.
The Scottish surname Nasmyth or Naesmyth is said by scholars to derive, in all probability, from nail-smith. But Scottish engineer James Nasmyth, who appropriately enough in 1839 invented a steam hammer for making enormous iron bars, had heard a different tale, which he set down in his Autobiography.