From Macmillan and Company, 9 January 1891

Dear Sir,

We write to let you know that our stock of your ‘Principles of Economics,’ Vol I is now quite exhausted. We observe that up to the present time Mess[rs.] Clay have very little of the 2nd. Edition in type; we hope however that you will find it possible to let them have more copy before long, as it will be a pity to let the book remain out of print.

In addition to the 2000 copies already agreed upon we propose with your permission to print off another 500 copies for export to America. Our New York manager has sent us an order for that number [on] condition of having them at a low price, so that the book may be sold cheap enough to prevent the appearance of an unauthorised reprint.

We ought to have sent you before this the enclosed letter from Mr Carl Barschall of Vienna who asks the conditions under which he can have permission to publish a translation of your book. We do not know whether you have taken any steps about a German translation—but in all such cases we find it advisable not to give permission unless the translator can find a good foreign publisher willing to bring out his translation.