ed to respond to the happy "hello" call of fortune. In some
memoranda made thirty years later he said:
I declined. I said I didn't want anything more to do with wildcat
speculation. Then he [Bell] offered the stock to me at twenty-five. I
said I didn't want it at any price. He became eager; insisted that I
take five hundred dollars' worth. He said he would sell me as much as I
wanted for five hundred dollars; offered to let me gather it up in my
hands and measure it in a plug hat; said I could have a whole hatful for
five hundred dollars. But I was the burnt child, and I resisted all
these temptations-resisted them easily; went off with my check intact,
and next day lent five thousand of it, on an unendorsed note, to a friend
who was going to go bankrupt three days later.
About the end of the year I put up a telephone wire from my house down to
the Courant office, the only telephone wire in town, and the first one
that was ever used in a private house in the world.
That had been only a little while before he sailed for Europe. When he
returned he would have been willing to accept a very trifling interest in
the telephone industry for the amount of his insurance salvage.
He had a fresh interest in patents now, and when his old friend Dan Slote
got hold of a new process for engraving--the kaolatype or "chalk-plate"
process--which was going to revolutionize the world of illustration, he
promptly acquired a third interest, and eventually was satisfied with
nothing short of control. It was an ingenious process: a sheet of
perfectly smooth steel was coated with a preparation of kaolin (or china
clay), and a picture was engraved through the coating down to the steel
surface. This formed the matrix into which the molten metal was poured
to make the stereotype plate, or die, for printing. It was Clemens's
notion that he could utilize this process for the casting of brass dies
for stamping book covers--that, so applied, the fortunes to be made out
of it would be larger and more numerous. Howells tells how, at one time,
Clemens thought the "damned human race" was almost to be redeemed by a
process of founding brass without air-bubbles in it. This was the time
referred to and the race had to go unredeemed; for, after long, worried,
costly experimenting, the brass refused to accommodate its nature to the
new idea, while the chalk plate itself, with all its subsidiary and
auxiliary possibilities, was infringed upon right and le
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