The twenty-second session of the Inventors' Institute was opened on October 27, the chair being taken by Vice-Admiral J.H. Selwyn, one of the vice-presidents, at the rooms of the institute, Lonsdale Chambers, 27 Chancery Lane, London. The chairman, in delivering the inaugural address, said that in the absence of their president, the Duke of Manchester, it became his duty to open the session of 1885. The institute having been established in 1862, this was their twenty-second anniversary. At the time of its establishment a greater number of members were rapidly enrolled than they could now reckon, although a large number had joined since the commencement of the present year. In 1862 a considerable amount of enthusiasm on the part of inventors had arisen, from the fact that at that time the leading journals had advocated the views of certain manufacturers as to sweeping away the patent laws, enacted anew in 1852, and with them the sole protection of the inventive talent and industry of the nation.

This naturally caused much excitement and interest among those chiefly concerned, and a very numerous body of gentlemen associated themselves together and formed an institute for the purpose mainly of resisting the aggression and inculcating views more in accordance with true principles, as well as for explaining what were the true relations of inventive genius to the welfare of the state. He hoped to be able to show strong reasons for this action, and for energetically following it up in the future. Although on that evening there were many visitors present besides the members of the institute, yet he thought the subject could be shown to be of such national importance that it might justly engage the attention of any assembly of Englishmen, to whatever mode of thought they might belong. The institute had persistently done its work ever since its formation. Sometimes it had failed to make itself heard, at others it had been more successful in so doing; but the net result of its labors - and he did not fear to claim it as mainly due to those labors - had been to propagate and spread abroad a fact and a feeling entirely opposed to the false doctrines previously current on the subject, namely, that among our most valuable laws were those which could excite the intelligence and reward the labors of the inventors of all nations.

There were still those who wished to see the patent laws swept away, but their numbers had dwindled into a miserable minority, composed mainly of manufacturers who were so curiously short-sighted as not to see that all improvement in manufactures must come from inventive talent, or those who, still more blind, could not perceive that property created by brains was certainly not a monopoly, and deserves protection quite as much as any other form of possession, in order that it may be developed by capital. He need scarcely waste time in pointing out the fallacy of refusing to pay for the seed corn of industrial pursuits, for that fallacy, bit by bit, had been completely swept away, and last year the labors of the institute had been so far crowned with success that the President of the Board of Trade, in his place in Parliament, announced his conviction that "inventors were the creators of trade, and ought to be encouraged and not repressed." Such a conviction, forced home in such a quarter, ought to have produced a great and beneficial change in the legislation on the subject, and the hopes of inventors were that this would surely be the case; but when the bill appeared these hopes were considerably depressed, and now, after a year's experience of the working of the changed law, scarcely any benefit appears to have been obtained, beyond the meager concession that the heavy payments demanded, for an English patent may be made in installments instead of lump sums.

Against this infinitesimal concession had to be set a number of disabilities which did not formerly exist, such as compulsory licenses, which disinclined the capitalist to invest in inventions, attempts to assimilate the provisional specification to the complete, or to restrict the latter within the terms of the former, attempts to separate the parts of an invention, and thus increase the number of patents required to protect it, and many other minor annoyances which would take too much time to explain fully. It was true that there was some extension of the time for payment - some such locus penitentiae as would be accorded to any debtor by any creditor in the hope of getting the assets; but the promised spirit of encouragement to inventors was not to be found in the bill; it was still a boon which must be earnestly sought by the institute.

He had said that the concessions granted were almost infinitesimal, yet a result had been obtained, surprisingly confirmatory of the views always advocated by the institute as to the potentiality of the inventive talent of this nation were it released from its shackles. While in former years the highest number of patents taken out had slowly risen to the number of five to six thousand per annum, in the year now expiring it had bounded to more than three times five thousand - had at one leap reached an equality with the patents of the United States, where only £4 ($20) was paid for a patent for seventeen years, instead of £175, as in Great Britain, for a term of fourteen years. If in the future we could hope to persuade the legislators to be content with no heavier tax than in the United States had yielded a heavy surplus over expenses of a well-conducted Patent Office, he did not fear to assert that the number of patents taken out in this country would again be trebled, and that trade and industry would be correspondingly animated and developed.

The result of the wiser patent law of the United States had been to flood our markets with well-manufactured yet cheap articles from that country which might have been equally well made by our artisans at home had invention not been subject to such heavy restrictions, and had technical skill been equally sure of its reward.