We own the whole field—every inch of it—and nothing can dislodge us.
Now then, above is my preachment, and here follows the reason and purpose of it. I want you to run over here, roost over the machine a week and satisfy yourself, and then go to John P. Jones or to whom you please, and sell me a hundred thousand dollars’ worth of this property and take ten per cent in cash or the “property” for your trouble—the latter, if you are wise, because the price I ask is a long way short of the value.
What I call “property” is this. A small part of my ownership consists of a royalty of $500 on every machine marketed under the American patents. My selling-terms are, a permanent royalty of one dollar on every American-marketed machine for a thousand dollars cash to me in hand paid. We shan’t market any fewer than 5,000 machines in 15 years—a return of fifteen thousand dollars for one thousand. A royalty is better than stock, in one way—it must be paid, every six months, rain or shine; it is a debt, and must be paid before dividends are declared. By and by, when we become a stock company I shall buy these royalties back for stock if I can get them for anything like reasonable terms.
I have never borrowed a penny to use on the machine, and never sold a penny’s worth of the property until the machine was entirely finished and proven by the severest tests to be what she started out to be—perfect, permanent, and occupying the position, as regards all kindred machines, which the City of Paris occupies as regards the canvas-backs of the mercantile marine.
It is my purpose to sell two hundred dollars of my royalties at the above price during the next two months and keep the other $300.
Mrs. Clemens begs Mrs. Goodman to come with you, and
asks pardon for not writing the message herself—which
would be a pathetically-welcome spectacle to me; for
I have been her amanuensis for 8 months, now, since
her eyes failed her. Yours as always
mark.
While this letter with its amazing contents is on its way to astonish Joe Goodman, we will consider one of quite a different, but equally characteristic sort. We may assume that Mark Twain’s sister Pamela had been visiting him in Hartford and was now making a visit in Keokuk.
To Mrs. Moffett, in Keokuk:
Hartford, Oct 9, ’89. Dear Pamela,—An hour after you left I was suddenly struck with a realizing sense of the utter chuckle-headedness of that notion of mine: to send your trunk after you. Land! it was idiotic. None but a lunatic would, separate himself from his baggage.
Well, I am soulfully glad the baggage fetcher saved me from consummating my insane inspiration. I met him on the street in the afternoon and paid him again. I shall pay him several times more, as opportunity offers.
I declined the invitation to banquet with the visiting South American Congress, in a polite note explaining that I had to go to New York today. I conveyed the note privately to Patrick; he got the envelope soiled, and asked Livy to put on a clean one. That is why I am going to the banquet; also why I have disinvited the boys I thought I was going to punch billiards with, upstairs to-night.