[fragment]
[draft:]
Hogarth
March 13 15/61
I consider it a vy easy thing to reproduce imitate an engraving – a sketch by one of the old masters – a pen & ink drawg or anythg of that sort, by my photoglyphic process invention and I sd rather suspected you shd mention that It seems to me, that you do are not understand aware of this. It is quite easy. To make electrotypes an electrotyped copper plate for this purpose, is a most needless expen diturese of time & trouble.
If you wd like to send me any line engraving or pen and ink sketch together with a copy made from it by Mr Pretsch, by the eltype process I will copy do it try the same by my method & we shall see which is best, tht is to say, most true to the origl in minute detail, & also in the depth of the shadows – If the copies are of equal merit, of course the direct process is the best & cheapest.
In your letter you do not distinguish clearly between engraved plates & blocks similar to woodcuts for printing along with type like woodcuts. It was the latter I meant when I said that my method gave more relief than Pretsch’s.
With respect to terms – your 1st proposl was that I shdtake a share in the Compy, 1 share out of 7 and pay for it 100£ if required. But you thought that not more than ½ that sum would be required wanted. Of course ∴ holding that share I shd receive 1/7th of the net profits, or about 14 pr ct. In lieu of this I proposed 3 pr ct on the gross receipts. – It does not appr to me likely that this wd be more than the other. – On the conty I thnk it wd be less (K) And the first payment of 100£ if a large business were done would not make any great difference in the calcuts. You see it wd be repaid in the 1st year, if the profits amounted to 700£ wch wd be a low estimate
[expanded version:]
13 15 March 1861
Hogarth
I consider it a very easy thing to reproduce imitate an engraving – a sketch by one of the old masters – a pen and ink drawing or anything of that sort, by my photoglyphic process 1 invention and I should rather suspected you should mention that It seems to me, that you do are not understand aware of this. It is quite easy. To make an electrotyped copper plate electrotypes 2 for this purpose, is a most needless expen diture [expen]se of time and trouble.
If you would like to send me any line engraving or pen and ink sketch together with a copy made from it by Mr Pretsch, 3 by the electrotype process I will copy do it try the same by my method and we shall see which is best, that is to say, most true to the original in minute detail, and also in the depth of the shadows. If the copies are of equal merit, of course the direct process is the best and cheapest.
In your letter you do not distinguish clearly between engraved plates and blocks similar to woodcuts for printing along with type like woodcuts. It was the latter I meant when I said that my method gave more relief 4 than Pretsch’s.
With respect to terms – your first proposal was that I should take a share in the Company, one share out of seven and pay for it 100£ if required. But you thought that not more than half that sum would be required wanted. Of course therefore holding that share I should receive one-seventh of the net profits, or about fourteen per cent. In lieu of this I propose three per cent on the gross receipts. 5 It does not appear to me likely that this would be more than the other. On the contrary I think it would be less (K) 6 And the first payment of 100£ if a large business were done would not make any great difference in the calculations. You see it would be repaid in the first year, if the profits amounted to 700£ which would be a low estimate
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