3/14 Of course, if incomes were unequal, as in the old times, this rule would enable only the rich to be authors, but the resources of citizens being equal, it merely measures the strength of the author's motive. The cost of an edition of an average book can be saved out of a year's credit by the practice of economy and some sacrifices. The book, on being published, is placed on sale by the nation." "The author receiving a royalty on the sales as with us, I suppose," I suggested. The price of every book is made up of the cost of its publication with a royalty for the author. The author fixes this royalty at any figure he pleases. |