FREE BOOKS

Author's List




PREV.   NEXT  
|<   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69  
70   71   72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94   >>   >|  
achments had been added to the machine. It seemed to require only one thing more, the justifier, which would save the labor of the extra man. Paige could be satisfied with nothing short of that, even though the extra man's wage was unimportant. He must have his machine do it all, and meantime five precious years had slipped away. Clemens, in his memoranda, says: End of 1885. Paige arrives at my house unheralded. I had seen little or nothing of him for a year or two. He said: "What will you complete the machine for?" "What will it cost?" "Twenty thousand dollars; certainly not over $30,000." "What will you give?" "I'll give you half." Clemens was "flush" at this time. His reading tour with Cable, the great sale of Huck Finn, the prospect of the Grant book, were rosy realities. He said: "I'll do it, but the limit must be $30,000." They agreed to allow Hamersley a tenth interest for the money he had already invested and for legal advice. Hamersley consented readily enough, and when in February, 1886, the new contract was drawn they believed themselves heir to the millions of the Fourth Estate. By this time F. G. Whitmore had come into Clemens's business affairs, and he did not altogether approve of the new contract. Among other things, it required that Clemens should not only complete the machine, but promote it, capitalize it commercially. Whitmore said: "Mr. Clemens, that clause can bankrupt you." Clemens answered: "Never mind that, Whitmore; I've considered that. I can get a thousand men worth a million apiece to go in with me if I can get a perfect machine." He immediately began to calculate the number of millions he would be worth presently when the machine was completed and announced to the waiting world. He covered pages with figures that never ran short of millions, and frequently approached the billion mark. Colonel Sellers in his happiest moments never dreamed more lavishly. He obtained a list of all the newspapers in the United States and in Europe, and he counted up the machines that would be required by each. To his nephew, Sam Moffett, visiting him one day, he declared that it would take ten men to count the profits from the typesetter. He realized clearly enough that a machine which would set and distribute type and do the work of half a dozen men or more would revolutionize type composition. The fact that other inventors besides Paige were work
PREV.   NEXT  
|<   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69  
70   71   72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94   >>   >|  



Top keywords:
machine
 
Clemens
 
millions
 

Whitmore

 

contract

 
complete
 
Hamersley
 

thousand

 

required

 

capitalize


promote

 
things
 

announced

 

waiting

 
completed
 

presently

 

immediately

 

number

 

calculate

 

answered


bankrupt

 

inventors

 

clause

 

considered

 

perfect

 
commercially
 
million
 

apiece

 
composition
 

happiest


nephew

 

distribute

 

Moffett

 

counted

 

machines

 
visiting
 

profits

 

typesetter

 

declared

 

Europe


States

 

billion

 
Colonel
 

Sellers

 

approached

 
frequently
 
figures
 

realized

 

moments

 
newspapers