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Isaac Wilkinson
Isaac Wilkinson (baptised 6 May 1695 - 31 January 1784) was an English industrialist, one of the founders of the iron industry and pioneer of the Industrial Revolution. However, his business ethics were precarious and his commercial affairs frequently chaotic. He became much addicted to litigation. Early life Wilkinson was born in Washington, then in County Durham. He was the fifth child of John Wilkinson and his wife, Margaret Thompson. His mother died soon after his birth and his father in 1704, leaving him to be brought up by his elder brother John, a wool merchant. He seems to have received some basic education before being apprenticed a foundryman, probably at the nearby Swalwell works. There, he established himself as a highly skilled iron-worker, able to demand high wages.Harris (2006) Cumberland and Lancashire Some time between 1721 and 1723, Wilkinson moved to Workington where he worked at the Little Clifton furnace which probably produced cast iron by smelting with coke. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baptism
Baptism (from grc-x-koine, βάπτισμα, váptisma) is a form of ritual purification—a characteristic of many religions throughout time and geography. In Christianity, it is a Christian sacrament of initiation and adoption, almost invariably with the use of water. It may be performed by sprinkling or pouring water on the head, or by immersing in water either partially or completely, traditionally three times, once for each person of the Trinity. The synoptic gospels recount that John the Baptist baptised Jesus. Baptism is considered a sacrament in most churches, and as an ordinance in others. Baptism according to the Trinitarian formula, which is done in most mainstream Christian denominations, is seen as being a basis for Christian ecumenism, the concept of unity amongst Christians. Baptism is also called christening, although some reserve the word "christening" for the baptism of infants. In certain Christian denominations, such as the Lutheran Churches, baptism ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Smelting
Smelting is a process of applying heat to ore, to extract a base metal. It is a form of extractive metallurgy. It is used to extract many metals from their ores, including silver, iron, copper, and other base metals. Smelting uses heat and a chemical reducing agent to decompose the ore, driving off other elements as gases or slag and leaving the metal base behind. The reducing agent is commonly a fossil fuel source of carbon, such as coke—or, in earlier times, charcoal. The oxygen in the ore binds to carbon at high temperatures due to the lower potential energy of the bonds in carbon dioxide (). Smelting most prominently takes place in a blast furnace to produce pig iron, which is converted into steel. The carbon source acts as a chemical reactant to remove oxygen from the ore, yielding the purified metal element as a product. The carbon source is oxidized in two stages. First, the carbon (C) combusts with oxygen (O2) in the air to produce carbon monoxide (CO). Second, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cartmel
Cartmel is a village in Cumbria, England, northwest of Grange-over-Sands close to the River Eea. The village takes its name from the Cartmel Peninsula, and was historically known as Kirkby in Cartmel. The village is the location of the 12th-century Cartmel Priory, around which it initially grew. Historically in Lancashire, since 1974 it has been in the administrative county of Cumbria. Whilst its history has been in its ecclesiastical and agricultural communities, Cartmel has since the mid-twentieth century developed as a minor tourist destination, being just outside the Lake District National Park. Several attractions in the village, including Cartmel Racecourse and a Michelin-starred restaurant, cater to this tourist trade. History The name Cartmel means ‘sandbank by rocky ground’, from the Old Norse (rocky ground) and . The place-name is first attested in 677, when the Cartmel Peninsula was granted to St Cuthbert, whose influence may explain why by the Norman Conque ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Profit (accounting)
Profit, in accounting, is an income distributed to the ownership , owner in a Profit (economics) , profitable market production process (business). Profit is a measure of profitability which is the owner's major interest in the income-formation process of market production. There are several profit measures in common use. Income formation in market production is always a balance between income generation and income distribution. The income generated is always distributed to the Stakeholder (corporate), stakeholders of production as economic value within the review period. The profit is the share of income formation the owner is able to keep to themselves in the income distribution process. Profit is one of the major sources of economics , economic well-being because it means incomes and opportunities to develop production. The words "income", "profit" and "earnings" are synonyms in this context. Measurement of profit There are several important profit measures in common use. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Creative Accounting
Creative accounting is a euphemism referring to accounting practices that may follow the letter of the rules of standard accounting practices, but deviate from the spirit of those rules with questionable accounting ethics—specifically distorting results in favor of the "preparers", or the firm that hired the accountant. They are characterized by excessive complication and the use of novel ways of characterizing income, assets, or liabilities, and the intent to influence readers towards the interpretations desired by the authors. The terms "innovative" or "aggressive" are also sometimes used. Another common synonym is "cooking the books". Creative accounting is oftentimes used in tandem with outright financial fraud (including securities fraud), and lines between the two are blurred. Creative accounting practices are known since ancient times and appear world-wide in various forms. The term as generally understood refers to systematic misrepresentation of the true income and asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Partnership
A partnership is an arrangement where parties, known as business partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations. Organizations may partner to increase the likelihood of each achieving their mission and to amplify their reach. A partnership may result in issuing and holding equity or may be only governed by a contract. History Partnerships have a long history; they were already in use in medieval times in Europe and in the Middle East. According to a 2006 article, the first partnership was implemented in 1383 by Francesco di Marco Datini, a merchant of Prato and Florence. The Covoni company (1336-40) and the Del Buono-Bencivenni company (1336-40) have also been referred to as early partnerships, but they were not formal partnerships. In Europe, the partnerships contributed to the Commercial Revolution which started in the 13th centur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prior Art
Prior art (also known as state of the art or background art) is a concept in patent law used to determine the patentability of an invention, in particular whether an invention meets the novelty and the inventive step or non-obviousness criteria for patentability. In most systems of patent law, prior art is generally defined as anything that is made available, or disclosed, to the public that might be relevant to a patent's claim before the effective filing date of a patent application for an invention. However, notable differences exist in how prior art is specifically defined under different national, regional, and international patent systems. The prior art is evaluated by patent offices as part of the patent granting process in what is called “substantive examination” of a patent application in order to determine whether an invention claimed in the patent application meets the novelty and inventive step or non-obviousness criteria for patentability. It may also be consid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ironing
Ironing is the use of a machine, usually a heated tool (an iron), to remove wrinkles and unwanted creases from fabric. The heating is commonly done to a temperature of 180–220 °Celsius (356-428 Fahrenheit), depending on the fabric. Ironing works by loosening the bonds between the long-chain polymer molecules in the fibres of the material. While the molecules are hot, the fibres are straightened by the weight of the iron, and they hold their new shape as they cool. Some fabrics, such as cotton, require the addition of water to loosen the intermolecular bonds. Many modern fabrics (developed in or after the mid-twentieth century) are advertised as needing little or no ironing. Permanent press clothing was developed to reduce the ironing necessary by combining wrinkle-resistant polyester with cotton. The first known use of heated metal to "iron" clothes is known to have occurred in China. The electric iron was invented in 1882, by Henry Seely White. Seely patented his "electric f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Patent
A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an enabling disclosure of the invention."A patent is not the grant of a right to make or use or sell. It does not, directly or indirectly, imply any such right. It grants only the right to exclude others. The supposition that a right to make is created by the patent grant is obviously inconsistent with the established distinctions between generic and specific patents, and with the well-known fact that a very considerable portion of the patents granted are in a field covered by a former relatively generic or basic patent, are tributary to such earlier patent, and cannot be practiced unless by license thereunder." – ''Herman v. Youngstown Car Mfg. Co.'', 191 F. 579, 584–85, 112 CCA 185 (6th Cir. 1911) In most countries, patent rights fall under private law and the patent holder mus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Wilkinson (industrialist)
John "Iron-Mad" Wilkinson (1728 – 14 July 1808) was an English industrialist who pioneered the manufacture of cast iron and the use of cast-iron goods during the Industrial Revolution. He was the inventor of a precision boring machine that could bore cast iron cylinders, such as cannon barrels and piston cylinders used in the steam engines of James Watt. His boring machine has been called the first machine tool. He also developed a blowing device for blast furnaces that allowed higher temperatures, increasing their efficiency, and helped sponsor the first iron bridge in Coalbrookdale. He is notable for his method of cannon boring, his techniques at casting iron and his work with the government of France to establish a cannon foundry. Biography Early life John Wilkinson was born in Little Clifton, Bridgefoot, Cumberland (now part of Cumbria), the eldest son of Isaac Wilkinson and Mary Johnson. Isaac was then the potfounder at the blast furnace there, one of the first to u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charcoal
Charcoal is a lightweight black carbon residue produced by strongly heating wood (or other animal and plant materials) in minimal oxygen to remove all water and volatile constituents. In the traditional version of this pyrolysis process, called charcoal burning, often by forming a charcoal kiln, the heat is supplied by burning part of the starting material itself, with a limited supply of oxygen. The material can also be heated in a closed retort. Modern "charcoal" briquettes used for outdoor cooking may contain many other additives, e.g. coal. This process happens naturally when combustion is incomplete, and is sometimes used in radiocarbon dating. It also happens inadvertently while burning wood, as in a fireplace or wood stove. The visible flame in these is due to combustion of the volatile gases exuded as the wood turns into charcoal. The soot and smoke commonly given off by wood fires result from incomplete combustion of those volatiles. Charcoal burns at a higher temper ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
