Note 260 — Chapter XIII
Reading edition
This renders it worth preservation in a note. He called it
"THE CASE IN A NUTSHELL.
"1. I think it may be taken as proved, that general enthusiasm and excitement are awakened in America on the subject of the Readings, and that the people are prepared to give me a great reception. The New York Herald, indeed, is of opinion that 'Dickens must apologise first'; and where a New York Herald is possible, anything is possible. But the prevailing tone, both of the press and of people of all conditions, is highly favourable. I have an opinion myself that the Irish element in New York is dangerous; for the reason that the Fenians would be glad to damage a conspicuous Englishman. This is merely an opinion of my own.
"2. All our original calculations were based on 100 Readings. But an unexpected result of careful enquiry on the spot, is the discovery that the month of May is generally considered (in the large cities) bad for such a purpose. Admitting that what governs an ordinary case in this wise, governs mine, this reduces the Readings to 80, and consequently at a blow makes a reduction of 20 per cent., in the means of making money within the half year—unless the objection should not apply in my exceptional instance.
"3. I dismiss the consideration that the great towns of America could not possibly be exhausted—or even visited—within 6 months, and that a large harvest would be left unreaped. Because I hold a second series of Readings in America is to be set down as out of the question: whether regarded as involving two more voyages across the Atlantic, or a vacation of five months in Canada.
"4. The narrowed calculation we have made, is this: What is the largest amount of clear profit derivable, under the most advantageous circumstances possible, as to their public reception, from 80 Readings and no more? In making this calculation, the expenses have been throughout taken on the New York scale—which is the dearest; as much as 20 per cent., has been deducted for management, including Mr. Dolby's commission; and no credit has been taken for any extra payment on reserved seats, though a good deal of money is confidently expected from this source. But on the other hand it is to be observed that four Readings (and a fraction over) are supposed to take place every week, and that the estimate of receipts is based on the assumption that the audiences are, on all occasions, as large as the rooms will reasonably hold.
"5. So considering 80 Readings, we bring out the net profit of that number, remaining to me after payment of all charges whatever, as £15,500.
"6. But it yet remains to be noted that the calculation assumes New York City, and the State of New York, to be good for a very large proportion of the 80 Readings; and that the calculation also assumes the necessary travelling not to extend beyond Boston and adjacent places, New York City and adjacent places, Philadelphia, Washington, and Baltimore. But, if the calculation should prove too sanguine on this head, and if these places should not be good for so many Readings, then it may prove impracticable to get through 80 within the time: by reason of other places that would come into the list, lying wide asunder, and necessitating long and fatiguing journeys.
"7. The loss consequent on the conversion of paper money into gold (with gold at the present ruling premium) is allowed for in the calculation. It counts seven dollars to the pound."