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Sunday, Oct 24 '80.
MY DEAR BRO.,--Bliss is dead. The aspect of the balance-sheet is
enlightening. It reveals the fact, through my present contract, (which
is for half the profits on the book above actual cost of paper, printing
and binding,) that I have lost considerably by all this nonsense--sixty
thousand dollars, I should say--and if Bliss were alive I would stay
with the concern and get it all back; for on each new book I would
require a portion of that back pay; but as it is (this in the very
strictest confidence,) I shall probably go to a new publisher 6 or 8
months hence, for I am afraid Frank, with his poor health, will lack
push and drive.
Out of the suspicions you bred in me years ago, has grown this
result,--to wit, that I shall within the twelvemonth get $40,000 out of
this "Tramp" instead Of $20,000. Twenty thousand dollars, after taxes
and other expenses are stripped away, is worth to the investor about $75
a month--so I shall tell Mr. Perkins to make your check that amount per
month, hereafter, while our income is able to afford it. This ends the
loan business; and hereafter you can reflect that you are living not on
borrowed money but on money which you have squarely earned, and which
has no taint or savor of charity about it--and you can also reflect
that the money you have been receiving of me all these years is interest
charged against the heavy bill which the next publisher will have to
stand who gets a book of mine.
561
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