The importance of the rôle of the industrial inventor in the early stages of the Industrial Revolution is recognized by everybody: Richard Arkwright, Samuel Crompton, John Kay, James Watt, James Neilsen, George Stephenson, William Murdoch, Josiah Wedgwood, even schoolboys can reel off their names with glee, and their careers have mostly been investigated in satisfactory detail by economic historians. But the rôle of the merchant entrepreneur—their natural partner and alter ego—has been far less exhaustively studied. Those who are well known are few, and those whose careers have been examined in detail even fewer. As a class they do not even occur in the indices of the two standard text-books on the Industrial Revolution—those by Mantoux and Ashton; Matthew Boulton is one of the few individuals amongst them who have avoided total obscurity, and he is now receiving adequate treatment.
