Letter from Leonard Woolf to John Maynard Keynes (16/02/1926)



[[MS 2750/210/3]] 


J.M.Keynes Esq  
46 Gordon Square  


16 February, 1926 



Dear Maynard,


We have at last today got final settlement of Smith’s Sale or Return Account of the ECONOMIC CONSEQUENCES. They sold 2516 out of the 3500 which they took. The total sales outright up to date are 7100. The total number of copies actually paid for to date is 6970 and the receipts have been £201-5-2 1/2. The expenditure has been £163-14-8 1/2. According to our agreement we were to have the first £25 of any profits, which means that £12-10-0 is already due to you. I enclose a cheque for that amount; we will of course give full account and make a final settlement at the end of March. Roughly the expenditure is made up of the following items


Printing          78-6-8

Advertising    79-2-1 1/2

Distribution    6-5-11


Our original estimate of expenditure was £145, but that did not include the £22-10-0 which we later decided to pay Smith for displaying the show cards.


I am afraid the Russian pamphlet has not done well, as only 700 copies have sold. It still goes on however slowly.


Yours LSW [signature]

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Reproduced with permission from Penguin Random House UK Archive and Library owner of the Hogarth Press archive collection, held by the University of Reading Special Collections.

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Source: MS 2750/210/3

Letter from Leonard Woolf to John Maynard Keynes (16/02/1926)


University of Reading, Special Collections

Leonard Woolf writes about settling an account. He encloses a cheque along with a list of expenditures. He also states that the Russian pamphlet is not selling well.

Typescript letter signed by Woolf