I am informed in the statement of profits on which the purchase price of the shares of Messrs.

Addison and Roscoe was calculated, that the average net profits of this house during the last ten years have amounted to fifty-seven and a fraction per cent on the capital invested.

Now, I have determined that in future the net profits of any given undertaking shall be divided as follows:--Ten per cent to the author of the book in hand, and ten per cent to the House.
Then, should there be any further profit, it will be apportioned thus: One-third--of which a moiety will go towards a pension fund--to the employee's of the House, the division to be arranged on a fixed scale"-- (Enormous sensation, especially among the tame authors)--"and the remainder to the author of the work.

Thus, supposing that a book paid cent per cent, I shall take ten per cent., and the employees would take twenty-six and a fraction per cent, and the author would take sixty-four per cent." And here an interruption occurred.

It came from No.