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now,--and we think of putting on a type writer, a stenographer, and
perhaps a shoemaker, to show that no special gifts or training are
required with this machine. We shall train these beginners two or three
months--or until some one of them gets up to 7,000 an hour--then we will
show up in New York and run the machine 24 hours a day 7 days in the
week, for several months--to prove that this is a machine which will
never get out of order or cause delay, and can stand anything an anvil
can stand. You know there is no other typesetting machine that can
run two hours on a stretch without causing trouble and delay with its
incurable caprices.
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
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