The father of Richard Foley, the founder of the family, was a small yeoman living in the neighbourhood of Stourbridge in the time of Charles I. That place was then the centre of the iron manufacture of the midland districts, and Richard was brought up to work at one of the branches of the trade - that of nail-making. He was thus a daily observer of the great labour and loss of time caused by the clumsy process then adopted for dividing the rods of iron in the manufacture of nails. It appeared that the Stourbridge nailers were gradually losing their trade in consequence of the importation of nails from Sweden, by which they were undersold in the market.
It became known that the Swedes were enabled to make their nails so much cheaper, by the use of splitting mills and machinery, which had completely superseded the laborious process of preparing the rods for nail-making then practised in England.
Richard Foley, having ascertained this much, determined to make himself master of the new process. He suddenly disappeared from the neighbourhood of Stourbridge, and was not heard of for several years. No one knew whither he had gone, not even his own family;for he had not informed them of his intention, lest he should fail.
He had little or no money in his pocket, but contrived to get to Hull, where he engaged himself on board a ship bound for a Swedish port, and worked his passage there. The only article of property which he possessed was his fiddle, and on landing in Sweden he begged and fiddled his way to the Dannemora mines, near Upsala. He was a capital musician, as well as a pleasant fellow, and soon ingratiated himself with the iron-workers. He was received into the works, to every part of which he had access; and he seized the opportunity thus afforded him of storing his mind with observations, and mastering, as he thought, the mechanism of iron splitting. After a continued stay for this purpose, he suddenly disappeared from amongst his kind friends the miners - no one knew whither.
Returned to England, he communicated the results of his voyage to Mr. Knight and another person at Stourbridge, who had sufficient confidence in him to advance the requisite funds for the purpose of erecting buildings and machinery for splitting iron by the new process. But when set to work, to the great vexation and disappointment of all, and especially of Richard Foley, it was found that the machinery would not act - at all events it would not split the bars of iron. Again Foley disappeared. It was thought that shame and mortification at his failure had driven him away for ever. Not so! Foley had determined to master this secret of iron-splitting, and he would yet do it. He had again set out for Sweden, accompanied by his fiddle as before, and found his way to the iron works, where he was joyfully welcomed by the miners; and, to make sure of their fiddler, they this time lodged him in the very splitting-mill itself. There was such an apparent absence of intelligence about the man, except in fiddle-playing, that the miners entertained no suspicions as to the object of their minstrel, whom they thus enabled to attain the very end and aim of his life. He now carefully examined the works, and soon discovered the cause of his failure. He made drawings or tracings of the machinery as well as he could, though this was a branch of art quite new to him; and after remaining at the place long enough to enable him to verify his observations, and to impress the mechanical arrangements clearly and vividly on his mind, he again left the miners, reached a Swedish port, and took ship for England.
A man of such purpose could not but succeed. Arrived amongst his surprised friends, he now completed his arrangements, and the results were entirely successful. By his skill and his industry he soon laid the foundations of a large fortune, at the same time that he restored the business of an extensive district. He himself continued, during his life, to carry on his trade, aiding and encouraging all works of benevolence in his neighbourhood. He founded and endowed a school at Stourbridge; and his son Thomas (a great benefactor of Kidderminster), who was High Sheriff of Worcestershire in the time of "The Rump," founded and endowed an hospital, still in existence, for the free education of children at Old Swinford. All the early Foleys were Puritans. Richard Baxter seems to have been on familiar and intimate terms with various members of the family, and makes frequent mention of them in his 'Life and Times.' Thomas Foley, when appointed high sheriff of the county, requested Baxter to preach the customary sermon before him;and Baxter in his 'Life' speaks of him as "of so just and blameless dealing, that all men he ever had to do with magnified his great integrity and honesty, which were questioned by none." The family was ennobled in the reign of Charles the Second.