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families, or firms. What would have become of us if we had taken part in such affairs? We should be merchants. No, our true partnership with misfortune is not to take the work into our own hands, but to help the unfortunate to work themselves. Before long you will meet with misfortunes more bitter still than these. Would you then do the same thing,--that is, take the burdens of those unfortunates wholly on yourself? You would soon be overwhelmed. Reflect, too, my dear child, that for the last year even the Messieurs Mongenod find our accounts too heavy for them. Half your time would be taken up in merely keeping our books. We have to-day over two thousand debtors in Paris, and we must keep the record of their debts. Not that we ask for payment; we simply wait. We calculate that if half the money we expect is lost, the other half comes back to us, sometimes doubled. Now, suppose your Monsieur Bernard dies, the twelve thousand francs are probably lost. But if you cure his daughter, if his grandson is put in the way of succeeding, if he comes, some day, a magistrate, then, when the family is prosperous, they will remember the debt, and return the money of the poor with usury. Do you know that more than one family whom we have rescued from poverty, and put upon their feet on the road to prosperity by loans of money without interest, have laid aside a portion for the poor, and have returned to us the money loaned doubled, and sometimes tripled? Those are our only speculations. Moreover, reflect that what is now interesting you so deeply (and you ought to be interested in it), namely, the sale of this lawyer's book, depends on the value of the work. Have you read it? Besides, though the book may be an excellent one, how many excellent books remain one, two, three years without obtaining the success they deserve. Alas! how many crowns of fame are laid upon a grave! I know that publishers have ways of negotiating and realizing profits which make their business the most hazardous to do with, and the most difficult to unravel, of all the trades of Paris. Monsieur Joseph can tell you of these difficulties, inherent in the making of books. Thus, you see, we are sensible; we have experience of all miseries, also of all trades, for we have studied Paris for many years. The Mongenods have helped us in this; they have been like torches to us. It is through them that we know how the Bank of France holds the publishing business under const
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