Mark Twain: A Biography. Volume II, Part 2: 1886-1900. Paine Albert Bigelow
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Ten or eleven years ago Dwight Buell, a jeweler, called at our house and was shown up to the billiard-room-which was my study; and the game got more study than the other sciences. He wanted me to take some stock in a type-setting machine. He said it was at the Colt's Arms factory, and was about finished. I took $2,000 of the stock. I was always taking little chances like that, and almost always losing by it, too. Some time afterward I was invited to go down to the factory and see the machine. I went, promising myself nothing, for I knew all about type-setting by practical experience, and held the settled and solidified opinion that a successful type-setting machine was an impossibility, for the reason that a machine cannot be made to think, and the thing that sets movable type must think or retire defeated. So, the performance I witnessed did most thoroughly amaze me. Here was a machine that was really setting type, and doing it with swiftness and accuracy, too. Moreover, it was distributing its case at the same time. The distribution was automatic; the machine fed itself from a galley of dead matter and without human help or suggestion, for it began its work of its own accord when the type channels needed filling, and stopped of its own accord when they were full enough. The machine was almost a complete compositor; it lacked but one feature—it did not "justify" the lines. This was done by the operator's assistant.
I saw the operator set at the rate of 3,000 ems an hour, which, counting distribution, was but little short of four casemen's work. William Hamersley was there. He said he was already a considerable owner, and was going to take as much more of the stock as he could afford. Wherefore, I set down my name for an additional $3,000. It is here that the music begins.
It was the so-called Farnham machine that he saw, invented by James W. Paige, and if they had placed it on the market then, without waiting for the inventor to devise improvements, the story might have been a different one. But Paige was never content short of absolute perfection —a machine that was not only partly human, but entirely so. Clemens' used to say later that the Paige type-setter would do everything that a human being could do except drink and swear and go on a strike. He might properly have omitted the last item, but of that later. Paige was a small, bright-eyed, alert, smartly dressed man, with a crystal-clear mind, but a dreamer and a visionary. Clemens says of him: "He is a poet; a most great and genuine poet, whose sublime creations are written in steel."
It is easy to see now that Mark Twain and Paige did not make a good business combination. When Paige declared that, wonderful as the machine was, he could do vastly greater things with it, make it worth many more and much larger fortunes by adding this attachment and that, Clemens was just the man to enter into his dreams and to furnish the money to realize them. Paige did not require much money at first, and on the capital already invested he tinkered along with his improvements for something like four or five years; Hamersley and Clemens meantime capitalizing the company and getting ready to place the perfected invention on the market. By the time the Grant episode had ended Clemens had no reason to believe but that incalculable wealth lay just ahead, when the newspapers should be apprised of the fact that their types were no longer to be set by hand. Several contracts had been made with Paige, and several new attachments had been added to the machine. It seemed to require only one thing more, the justifier, which would save the labor of the extra man. Paige could be satisfied with nothing short of that, even though the extra man's wage was unimportant. He must have his machine do it all, and meantime five precious years had slipped away. Clemens, in his memoranda, says:
End of 1885. Paige arrives at my house unheralded. I had seen little or nothing of him for a year or two. He said:
"What will you complete the machine for?"
"What will it cost?"
"Twenty thousand dollars; certainly not over $30,000."
"What will you give?"
"I'll give you half."
Clemens was "flush" at this time. His reading tour with Cable, the great sale of Huck Finn, the prospect of the Grant book, were rosy realities. He said:
"I'll do it, but the limit must be $30,000."
They agreed to allow Hamersley a tenth interest for the money he had already invested and for legal advice.
Hamersley consented readily enough, and when in February, 1886, the new contract was drawn they believed themselves heir to the millions of the Fourth Estate.
By this time F. G. Whitmore had come into Clemens's business affairs, and he did not altogether approve of the new contract. Among other things, it required that Clemens should not only complete the machine, but promote it, capitalize it commercially. Whitmore said:
"Mr. Clemens, that clause can bankrupt you."
Clemens answered: "Never mind that, Whitmore; I've considered that. I can get a thousand men worth a million apiece to go in with me if I can get a perfect machine."
He immediately began to calculate the number of millions he would be worth presently when the machine was completed and announced to the waiting world. He covered pages with figures that never ran short of millions, and frequently approached the billion mark. Colonel Sellers in his happiest moments never dreamed more lavishly. He obtained a list of all the newspapers in the United States and in Europe, and he counted up the machines that would be required by each. To his nephew, Sam Moffett, visiting him one day, he declared that it would take ten men to count the profits from the typesetter. He realized clearly enough that a machine which would set and distribute type and do the work of half a dozen men or more would revolutionize type composition. The fact that other inventors besides Paige were working quite as diligently and perhaps toward more simple conclusions did not disturb him. Rumors came of the Rogers machine and the Thorne machine and the Mergenthaler linotype, but Mark Twain only smiled. When the promoters of the Mergenthaler offered to exchange half their interests for a half interest in the Paige patent, to obtain thereby a wider insurance of success, it only confirmed his trust, and he let the golden opportunity go by.
Clemens thinks the thirty thousand dollars lasted about a year. Then Paige confessed that the machine was still incomplete, but he said that four thousand dollars more would finish it, and that with ten thousand dollars he could finish it and give a big exhibition in New York. He had discarded the old machine altogether, it seems, and at Pratt & Whitney's shops was building a new one from the ground up—a machine of twenty thousand minutely exact parts, each of which must be made by expert hand workmanship after elaborate drawings and patterns even more expensive. It was an undertaking for a millionaire.
Paige offered to borrow from Clemens the amount needed, offering the machine as security. Clemens supplied the four thousand dollars, and continued to advance money from time to time at the rate of three to four thousand dollars a month, until he had something like eighty thousand dollars invested, with the machine still unfinished. This would be early in 1888, by which time other machines had reached a state of completion and were being placed on the market. The Mergenthaler, in particular, was attracting wide attention. Paige laughed at it, and Clemens, too, regarded it as a joke. The moment their machine was complete all other machines would disappear. Even the fact that the Tribune had ordered twenty-three of the linotypes, and other journals were only waiting to see the paper in its new dress before ordering, did not disturb them. Those linotypes would all go into the scrap-heap presently. It was too bad people would waste their money so. In January, 1888, Paige promised that the machine would be done by the 1st of April. On the 1st of April he promised it for September, but in October he acknowledged there were still eighty-five days' work to be done on it. In November Clemens wrote to Orion:
The machine is apparently almost done—but I take no privileges on that account; it must be done before I spend a cent that can be avoided. I have kept this family