[draft:]
March 11 / 61
Hogarth
There are some thgs I shd wish you t considr before y go t any expse in formg a Compy
In the 1st place, it is not improb that another Compy may be formd wth a view to work my invn commercly, & as my method is so much less cheaper than Mr Pretsch’s as to cost in respect of the cost of production you wd be placed at a disadvantage – In order to form metal blocks to print from like wood cuts, a certain amount of relief is required in the lines. This Mr Pretsch obtains by electrotypy, if I am not mistaken but I obtain a ^much more desable amount of relief without the expse & trouble of tht process. It is true I remember that when y were here you only saw some ^of my shallow engravings, but those are for copperplate printing
I do not thk I asked y too much for th at all unusual terms for th licse – In fact I am not vy anxious to give a license and it is only to oblige only do so to oblige, because for the reason I have mentd it might eventually be a disadvantage to me ^& might be ^k an obstacle in to the formatn of another Compy
(k) in some measure
[expanded version:]
March 11, 1861
Hogarth
There are some things I should wish you to consider before you go to any expense in forming a Company 1
In the first place, it is not improbable that another Company may be formed with a view to work my invention 2 commercially, and as my method is so much less cheaper than Mr Pretsch’s 3 as to cost in respect of the cost of production you would be placed at a disadvantage – In order to form metal blocks to print from like wood cuts, a certain amount of relief is required in the lines. This Mr Pretsch obtains by electrotypy, 4 if I am not mistaken but I obtain a much more desirable amount of relief without the expense and trouble of that process. It is true I remember that when you were here you only saw some of my shallow engravings, but those are for copperplate printing
I do not think I asked you too much for th at all unusual terms for the license – In fact I am not very anxious to give a license and it is only to oblige only do so to oblige, because for the reason I have mentioned it might eventually be a disadvantage to me & might be in some measure an obstacle in to the formation of another Company
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