Pickard, K[ate] E.R., letter, [May? 1855], to [William Still?]
L. W. Hall & Co of Syracuse propose to publish the Narrative as follows -
Mr Hall will take all the responsibilities and risks of publishing the work, and will pay to the proprietors two fifths of all the profits - He would be willing to divide the profits & risks equally, but in case of fire or bad debts that would might lay a heavy burden on Peter & myself. Mr May advises to let him take all the risks involved.
Mr Hall will issue 5000 at first and at his lowest estimate the profits on that issue will be $2500 $1250. That, if we accept the proposition, will according to the terms settled between Peter & myself - give us $250 apiece. The next issue will cost much less as the plates will be prepared &c ... the profits consequently, will be proportionally greater.
Mr. May has ere this written to Mr Jewett of Boston on the subject, and by the 21st inst I am to give Mr Hall a definite answer with regard to accepting his terms. Mr May will meantime gain all the information essential to a safe decision.
K. E. R. Pickard