F ortunes in Inventions.
J.W ENTORS of the simplest devices have often reaped fortunes from their efforts. “ Popular Mechanics ” (Chicago) says that the toy “ Dancing Jim Crow," yielded its inventor 75,000 dollars a year, while the man who invented the roller-skate realised more than 1,000.000 dollars. Rubber tips for lead pencils yielded the man who Zn 1 100 000 dollars a and 2,500,000 dollars was realised bv the inventor of shoe-laces. The ordinary umbrella earned more than 10,000,000 dollars for its inventor, and the man who made the first steel writing pens received an enormous tortune. The inventor of the metallic heelplate for shoes sold 143,000,000 a year and realised more than 1,500,000 dollars in royalties.
. ® uc fi returns, of course, are realised only m rare instances. Thev usually result from , ha PPy combination of great marketing skill With a clever invention that catches the public fancy.
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Star (Christchurch), Volume LXVI, Issue 20234, 19 February 1934, Page 6
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147Fortunes in Inventions. Star (Christchurch), Volume LXVI, Issue 20234, 19 February 1934, Page 6
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