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203
TWAIN Samuel Langhorne CLEMENS, dit Mark (1835-1910)
The item was sold for 1 713 €
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TWAIN Samuel Langhorne CLEMENS, dit Mark (1835-1910)
L.A.S. "S.L. Clemens", Florence 1 January 1893, to Frederick J. HALL| 4 pages in-8 (slight traces of sunstroke)| in English.
Confidential letter of financial affairs to the director of Webster & C°, the publishing house founded by Twain in 1885 [launched by the success of General Grant's Memoirs and The Adventures of Huckleberry
Finn, it went bankrupt in April 1894].
Mrs. Clemens is desperate, thinking that her husband has blamed Hall, but this cannot be: he may say hasty and regrettable things sometimes, but he does not believe he could have acted so ungratefully| if so, let burning coals be poured over his head ("I tell her that although I am prone to write hasty & regrettable things to other people, I am not a bit likely to write such things to you. I can't believe I have done anything so ungrateful. If I have, pile coals of fire on my head, for I deserve it!")... He now wonders whether his letter of credit is not embarrassing, especially if the full amount of the credit had to be made available to him| he only drew on it when necessary, believing that Hall only then had to put the amount withdrawn... He could have done without his monthly cheque for two or three months and settled for the balance of his wife's letter of credit. He will write to Whitmore to send Mr. Hall the check for $1000 from Century, and he may take the $2000 from Mrs. Dodge (Whitmore has his power of attorney, and may be able to endorse it): if the company needs the $3000, let him cash it and send Whitmore an IOU from the company for one year| if not, let him give the money to Mr. Halsey for investment for Twain. I've a mighty poor financial head, and he might be wrong, but would he be wrong to believe that by lending money to his own company at 6%, he could pay 4% himself and thereby withdraw only 2%? Don't laugh, if it's stupid...
Of course, as expected, his friend declined to buy 25% of the
L.A.L. [Library of American Literature, an expensive collection o
L.A.S. "S.L. Clemens", Florence 1 January 1893, to Frederick J. HALL| 4 pages in-8 (slight traces of sunstroke)| in English.
Confidential letter of financial affairs to the director of Webster & C°, the publishing house founded by Twain in 1885 [launched by the success of General Grant's Memoirs and The Adventures of Huckleberry
Finn, it went bankrupt in April 1894].
Mrs. Clemens is desperate, thinking that her husband has blamed Hall, but this cannot be: he may say hasty and regrettable things sometimes, but he does not believe he could have acted so ungratefully| if so, let burning coals be poured over his head ("I tell her that although I am prone to write hasty & regrettable things to other people, I am not a bit likely to write such things to you. I can't believe I have done anything so ungrateful. If I have, pile coals of fire on my head, for I deserve it!")... He now wonders whether his letter of credit is not embarrassing, especially if the full amount of the credit had to be made available to him| he only drew on it when necessary, believing that Hall only then had to put the amount withdrawn... He could have done without his monthly cheque for two or three months and settled for the balance of his wife's letter of credit. He will write to Whitmore to send Mr. Hall the check for $1000 from Century, and he may take the $2000 from Mrs. Dodge (Whitmore has his power of attorney, and may be able to endorse it): if the company needs the $3000, let him cash it and send Whitmore an IOU from the company for one year| if not, let him give the money to Mr. Halsey for investment for Twain. I've a mighty poor financial head, and he might be wrong, but would he be wrong to believe that by lending money to his own company at 6%, he could pay 4% himself and thereby withdraw only 2%? Don't laugh, if it's stupid...
Of course, as expected, his friend declined to buy 25% of the
L.A.L. [Library of American Literature, an expensive collection o