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The sum which the latter first paid for board and lodging was only 8S. a week; but Yates, considering this too little, insisted on the weekly payment being increased a shilling, to which Peel at first demurred, and a difference between the partners took place, which was eventually compromised by the lodger paying an advance of sixpence a week. William Yates's eldest child was a girl named Ellen, and she very soon became an especial favourite with the young lodger. On returning from his hard day's work at "The Ground," he would take the little girl upon his knee, and say to her, "Nelly, thou bonny little dear, wilt be my wife?" to which the child would readily answer "Yes," as any child would do. "Then I'll wait for thee, Nelly; I'll wed thee, and none else." And Robert Peel did wait. As the girl grew in beauty towards womanhood, his determination to wait for her was strengthened; and after the lapse of ten years - years of close application to business and rapidly increasing prosperity - Robert Peel married Ellen Yates when she had completed her seventeenth year; and the pretty child, whom her mother's lodger and father's partner had nursed upon his knee, became Mrs. Peel, and eventually Lady Peel, the mother of the future Prime Minister of England. Lady Peel was a noble and beautiful woman, fitted to grace any station in life.

She possessed rare powers of mind, and was, on every emergency, the high-souled and faithful counsellor of her husband. For many years after their marriage, she acted as his amanuensis, conducting the principal part of his business correspondence, for Mr. Peel himself was an indifferent and almost unintelligible writer. She died in 1803, only three years after the Baronetcy had been conferred upon her husband. It is said that London fashionable life - so unlike what she had been accustomed to at home - proved injurious to her health; and old Mr. Yates afterwards used to say, "if Robert hadn't made our Nelly a 'Lady,' she might ha' been living yet."The career of Yates, Peel, & Co., was throughout one of great and uninterrupted prosperity. Sir Robert Peel himself was the soul of the firm; to great energy and application uniting much practical sagacity, and first-rate mercantile abilities - qualities in which many of the early cotton-spinners were exceedingly deficient. He was a man of iron mind and frame, and toiled unceasingly. In short, he was to cotton printing what Arkwright was to cotton-spinning, and his success was equally great. The excellence of the articles produced by the firm secured the command of the market, and the character of the firm stood pre-eminent in Lancashire.

Besides greatly benefiting Bury, the partnership planted similar extensive works in the neighbourhood, on the Irwell and the Roch;and it was cited to their honour, that, while they sought to raise to the highest perfection the quality of their manufactures, they also endeavoured, in all ways, to promote the well-being and comfort of their workpeople; for whom they contrived to provide remunerative employment even in the least prosperous times.

Sir Robert Peel readily appreciated the value of all new processes and inventions; in illustration of which we may allude to his adoption of the process for producing what is called RESIST WORK in calico printing. This is accomplished by the use of a paste, or resist, on such parts of the cloth as were intended to remain white. The person who discovered the paste was a traveller for a London house, who sold it to Mr. Peel for an inconsiderable sum.

It required the experience of a year or two to perfect the system and make it practically useful; but the beauty of its effect, and the extreme precision of outline in the pattern produced, at once placed the Bury establishment at the head of all the factories for calico printing in the country. Other firms, conducted with like spirit, were established by members of the same family at Burnley, Foxhill bank, and Altham, in Lancashire; Salley Abbey, in Yorkshire; and afterwards at Burton-on-Trent, in Staffordshire;these various establishments, whilst they brought wealth to their proprietors, setting an example to the whole cotton trade, and training up many of the most successful printers and manufacturers in Lancashire.

Among other distinguished founders of industry, the Rev. William Lee, inventor of the Stocking Frame, and John Heathcoat, inventor of the Bobbin-net Machine, are worthy of notice, as men of great mechanical skill and perseverance, through whose labours a vast amount of remunerative employment has been provided for the labouring population of Nottingham and the adjacent districts. The accounts which have been preserved of the circumstances connected with the invention of the Stocking Frame are very confused, and in many respects contradictory, though there is no doubt as to the name of the inventor. This was William Lee, born at Woodborough, a village some seven miles from Nottingham, about the year 1563.

According to some accounts, he was the heir to a small freehold, while according to others he was a poor scholar, and had to struggle with poverty from his earliest years. He entered as a sizar at Christ College, Cambridge, in May, 1579, and subsequently removed to St. John's, taking his degree of B.A. in 1582-3. It is believed that he commenced M.A. in 1586; but on this point there appears to be some confusion in the records of the University. The statement usually made that he was expelled for marrying contrary to the statutes, is incorrect, as he was never a Fellow of the University, and therefore could not be prejudiced by taking such a step.