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and the steps necessary to achievement.
*
****
To Fred J. Hall, in New York:
July 26, '93.
DEAR MR. HALL,--..... I hope the machine will be finished this month;
but it took me four years and cost me $100,000 to finish the other
machine after it was apparently entirely complete and setting type like
a house-afire.
I wonder what they call "finished." After it is absolutely perfect it
can't go into a printing-office until it has had a month's wear, running
night and day, to get the bearings smooth, I judge.
I may be able to run over about mid-October. Then if I find you relieved
of L. A. L. we will start a magazine inexpensive, and of an entirely
unique sort. Arthur Stedman and his father editors of it. Arthur could
do all the work, merely submitting it to his father for approval.
The first number should pay--and all subsequent ones--25 cents a number.
Cost of first number (20,000 copies) $2,000. Give most of them away,
sell the rest. Advertising and other expenses--cost unknown. Send one to
865
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