The IHVE was set up, presumably as a
financial
venture, by a number of promoters who appear to have had no connection
with the
heating industry. As a result many potential members refused to join.
But in
1898 these men were bought out and the Institution was reorganised. As
the 2nd
President Walter Jones said in 1899, "I fear that the inception or
initiation of the Institute (sic) was not such as to create confidence,
enthusiasm or respect...." Fortunately prompt action put things in
order. 
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