remaining copies off ovtr hands when the time comes y** 

 •ad so on. Vellf a man by the name of Charles 

 Felt on Pidgeon sent them a book and they got him 

 hooked on the thing, as they thought* Instead of 

 getting 10^ royalty he got a much larger percent* 

 fhe book started to sell and sell and sell. Here 

 was the author getting something like kO% royalty 

 and the publisher getting poorer and poorer because 

 he had all the expensive end of it for himself* 

 That*s the only case I know of where the man bit 

 tbs dogf 



Oilbj In other words, you didn't want to take "vanity" 

 books because you thought it was bad economics, 

 rather than just %9M ethics* 



Coggins: Perhaps a little of each* Usually when they want 



to pay for them there isn*t much reason to publish* 

 Zf you got somel^ing like Trautwein*s book, you 

 might feel you were doing something worth while* 



Qilbs And you didn't think publishing poetry was yez*y 

 worth while? 



Coggins s I didn't think it would do very much for either 



us or the author* After all, anybody could publish 

 what he writes, but that wouldn't mean that it was 

 worth while* The fact that we published it 

 wouldn't make it any more worth while* 



