In the Stocking Weavers' Hall, in Redcross Street, London, there used to hang a picture, representing a man in collegiate costume in the act of pointing to an iron stocking-frame, and addressing a woman busily knitting with needles by hand. Underneath the picture appeared the following inscription: "In the year 1589, the ingenious William Lee, A.M., of St. John's College, Cambridge, devised this profitable art for stockings (but, being despised, went to France), yet of iron to himself, but to us and to others of gold; in memory of whom this is here painted." As to who this William Lee was, and the way in which he came to invent the stocking-frame, there are conflicting stories, but the one most generally received and best authenticated is as follows:—

William Lee, a native of Woodborough, near Nottingham, was a fellow of one of the Cambridge Colleges. He fell in love with a young country lass, married her, and consequently forfeited his fellowship. A poor scholar, with much learning, but without money or the knowledge of any trade, he found himself in very embarrassed circumstances. Like many another "poor scholar," he might exclaim:—

His wife, however, was a very industrious woman, and by her knitting contributed to their joint support. It is said—but the story lacks authentic confirmation—that when Lee was courting her, she always appeared so much more occupied with her knitting than with the soft speeches he was whispering in her ear, that her lover thought of inventing a machine that would "facilitate and forward the operation of knitting," and so leave the object of his love more leisure to converse with him. "Love, indeed," says Beckmann, "is fertile in invention, and gave rise, it is said, to the art of painting; but a machine so complex in its parts, and so wonderful in its effects, would seem to require longer and greater reflection, more judgment, and more time and patience than could be expected of a lover." But afterwards, when Lee, in his painfully enforced idleness, sat many a long hour watching his wife's nimble fingers toiling to support him, his mind again recurred to the idea of a machine that would give rest to her weary fingers. His cogitations resulted in the contrivance of a stocking-frame, which imitated the movements of the fingers in knitting.