I have considered the terms on which I could afford just now to sell Mr.
Braham the acting copyright in London of an entirely new piece for the
St. James's Theatre; and I could not sit down to write one in a single
act of about one hour long, under a hundred pounds. For a new piece in
two acts, a hundred and fifty pounds would be the sum I should require.
I do not know whether, with reference to arrangements that were made
with any other writers, this may or may not appear a large item. I state
it merely with regard to the value of my own time and writings at this
moment; and in so doing I assure you I place the remuneration below the
mark rather than above it.
As you begged me to give you my reply upon this point, perhaps you will
lay it before Mr. Braham. If these terms exceed his inclination or the
ability of the theatre, there is an end of the matter, and no harm done.
Believe me ever faithfully yours.
[Sidenote: Mr. W. C. Macready.]