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THE COPLEY MEDALS.

may lock up in their own bosoms the mysteries they have penetrated, and by applying their knowledge to the production of some substance in demand in commerce, thus minister to the wants or comforts of their species, whilst they reap in pecuniary profit the legitimate reward of their exertions.

It is open to them, on the other hand, to disclose the secret they have torn from Nature, and by allowing mankind to participate with them, to claim at once that splendid reputation which is rarely refused to the inventors of valuable discoveries in the arts of life.

The two courses are rarely compatible, only indeed when the discoverer, having published his process, enters into equal competition with other manufacturers.

If an individual adopt the first of these courses, and retaining his secret, it perish with him, the world have no right to complain. During his life, they profited by his knowledge, and are better off than if the philosopher had not existed. Monopolies, under the name of patents, have been devised to assist and reward those who have chosen the line of pecuniary profit. Honorary rewards and medals have been the feeble expressions of the sentiments of mankind towards those