FREE BOOKS

Author's List




PREV.   NEXT  
|<   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   95   96   97   98   99   100   >>   >|  
mpleted about this time he wrote: Paige and I always meet on effusively affectionate terms, and yet he knows perfectly well that if I had him in a steel trap I would shut out all human succor and watch that trap until he died. He was grabbing at straws now. He offered a twentieth or a hundredth or a thousandth part of the enterprise for varying sums, ranging from one thousand to one hundred thousand dollars. He tried to capitalize his advance (machine) royalties, and did dispose of a few of these; but when the money came in for them he was beset by doubts as to the final outcome, and though at his wit's ends for further funds, he returned the checks to the friends who had sent them. One five-thousand-dollar check from a friend named Arnot, in Elmira, went back by the next mail. He was willing to sacrifice his own last penny, but he could not take money from those who were blindly backing his judgment only and not their own. He still had faith in Jones, faith which lasted up to the 13th of February, 1891. Then came a final letter, in which Jones said that he had canvassed the situation thoroughly with such men as Mackay, Don Cameron, Whitney, and others, with the result that they would have nothing to do with the machine. Whitney and Cameron, he said, were large stockholders in the Mergenthaler. Jones put it more kindly and more politely than that, and closed by saying that there could be no doubt as to the machine's future an ambiguous statement. A letter from young Hall came about the same time, urging a heavy increase of capital in the business. The Library of American Literature, its leading feature, was handled on the instalment plan. The collections from this source were deferred driblets, while the bills for manufacture and promotion must be paid down in cash. Clemens realized that for the present at least the dream was ended. The family securities were exhausted. The book trade was dull; his book royalties were insufficient even to the demands of the household. He signed further notes to keep business going, left the matter of the machine in abeyance, and turned once more to the trade of authorship. He had spent in the neighborhood of one hundred and ninety thousand dollars on the typesetter--money that would better have been thrown into the Connecticut River, for then the agony had been more quickly over. As it was, it had shadowed many precious years. CLXXV "THE CLAIMANT"--LEAVING HARTF
PREV.   NEXT  
|<   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   95   96   97   98   99   100   >>   >|  



Top keywords:
machine
 

thousand

 

royalties

 

business

 

dollars

 

letter

 
hundred
 

Cameron

 

Whitney

 
leading

closed

 

politely

 

kindly

 

feature

 
handled
 

driblets

 

deferred

 
source
 

collections

 

instalment


Literature

 

urging

 
future
 

ambiguous

 

statement

 

manufacture

 
Library
 

American

 
mpleted
 
increase

capital

 

present

 

thrown

 

Connecticut

 

typesetter

 

authorship

 

neighborhood

 

ninety

 

quickly

 
CLAIMANT

LEAVING
 

precious

 

shadowed

 

turned

 
abeyance
 

Mergenthaler

 

family

 
realized
 

Clemens

 

securities