1). Readers Union Moth. I have gone into the various proposals for Readers' Union with the G[arden].C[ity].P[ress].now, and find that they are quite willing to drop the heads and set folios centred at foot. The cost of this will be about £50 for 5,000 copies. Allowing £5 or £6 for extras, we should see a profit of about £100 on the whole transaction, as the sheets will be sold to Readers' Union at 8d, including royalty, and they will supply and pay for paper. I therefore suggest the £100 be divided between the Hogarth Press, and V.W's estate. It isn't much, but it's better than nothing.
2.) The Waves. The reprint of 3,000 copies was put on the market in April. In the 2 1/2 months since that date, it has sold between 600 and 700 copies.
1. Leonard Sydney Woolf
2. John Lehmann