[1]1
25th Jan[uary] [1]900
D[octo]r. A Russel Wallace
Dear Sir,
We are much obliged by your letter, & glad to see that you are not disinclined to the "Reader".2 We have contacted Mr Williams3 who has a very exact knowledge of the School Board4 requirements and the tendencies of the teachers; and the result is as follows:—
The book should contain 256 pp., [pages] crown 8vo [octavo],5 & be well printed on a really good paper to do justice to the many cuts.6 It must be strongly bound in cloth. The selling price, to enter into competition on equal terms as regards cheapness with its competitors, should be 1s. 8d.; [1 shilling & 8 pence] but the author’s name, being so very much better than the School Boards are accustomed to, would well warrant 1s. 10d. It is the very outside[?] price, to ensure equal competition, taking the teacher’s point of view. We are inclined to the safer course, fixing the price at 1s. 10d., if you approve. The Schoolboards [sic] do not favour "nett" [MS damaged], & to issue at a "nett" price would be [MS damaged] unwise.
The cost of the book will <be> [MS damaged] about as below: —
[2]7
Capital Expend[iture][?]
To Mr. Williams | 25 68 |
" Illustrations | 50 |
" Compositor's[?] checked through | 35 |
" Author’s corrections | 5 |
" Advertisements | 100 |
" Distribution of 250 | free |
copies by post @10½ | 11 |
£22 6 |
Costs per copy: 256 pp. = 8 Double sheets
{80 reams paper @ 15/- | £60 | |
{"printing @ 6/- | 24 | |
5000 | {Bringing up cuts | 10 |
{Binding 5000 @ 30/- per 100 | 75 | |
£169. | ||
or 8d. per copy |
Realization: | If 1s.8d. | 1s.nett |
1s. 10d. | 1s. 1 1/5" | |
2s.0d. | 1s. 2 2/5" |
______________________________________________________________
We should propose (making the book 1s. 10d.) to pay you a royalty of 3d. per copy on the English ed[itio]n. As regards copies sold to America & the Colonies;9 we should certainly not get orders for quantities at more than 10d. per copy if so much. Such orders, if any (& there should be many) would be very large. Mr. Williams has recently had an order for 20,000 copies of his[?] Readers from one of the Western States of America[.] Would you think it fair if we were to pay your royalty on such sales at two thirds of the actual profit they realized? It is absolutely necessary to "break" prices for large export orders, partly because there is a 25% import duty to America, as well as the freights. On all sales abroad at the regular price, you would of course receive the regular royalty of 3d.
Yours very truly | [no signature]
Status: Draft transcription [Letter (cc) (WCP5056.5530)]
For more information about the transcriptions and metadata, see https://wallaceletters.myspecies.info/content/epsilon
Please cite as “WCP5056,” in Beccaloni, G. W. (ed.), Ɛpsilon: The Alfred Russel Wallace Collection accessed on 27 April 2024, https://epsilon.ac.uk/view/wallace/letters/WCP5056