Frederick George Afflalo.

The Literary year book online

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PART II.] LAW AND LETTERS 409

' 4. That the manner of Production, Publication, Sale,
and extent of Advertisement of the said work shall in the
absence of express agreement to the contrary lie wholly
within the discretion of the Publishers.

* 5. That the Author- shall be liable for the expenses of
Author's proof corrections (exclusive of the corrections of
Printers' errors) beyond the amount of six shillings per
sheet of sixteen pages and that should such charges
exceed this amount the Author shall be debited with
the excess.

' 6. That the Publishers shall annually make up as at
the thirtieth of June [or twice a year, as at the thirtieth
of June and the thirty-first of December] the accoimts of
each year and shall on demand render the same to the
Author two months thereafter and shall at the same time
pay over any balance which may be found due to the
Author.

*7. That the Publishers' books shall be open to the
inspection of the Author either personally or by agent at
any reasonable time after notice given in writing.

8. That the Author shall be responsible for any action
of Libel or Infringement of Cop3^ht arising out of the
publication of the said work and shall indemnify and
reimburse the Publishers for any damages costs or charges
which they may reasonably incur or be called upon to
pay in respect tnereof .

* g. That the Author shall be entitled to six [or twelve]
gratis copies of the said work on publication, and that any
further copies required shaQ be supplied at two-thirds of
the publi^ed price (thirteen copies being reckoned as
twelve).

' 10. That, should the Publishers allow the book to be
and remain out of print for a period of [six] months or more,
the cop3mght shall ipso facto revert to and become vested
in the Author.'

The pa5mient on account and agency clauses, if included,
would follow here, and likewise any special clauses agreed
between the parties, such as, for example, a proviso which
is very advisable for the termination of the Agreement in
the event of the Publisher's bankruptcy.



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ROYALTIES

Authors will find the following tables useful whenever they adopt
the method of payment by results known as royalties. It is some-
what difficult at times in publishers' accounts to ascertain the exact
sum due to the author when x copies of his book have been sold at
the price of y shillings, on which a royalty of x per cent, is due to
the author. The following tables are intended to facilitate this
calculation by reducing the somewhat laborious test of complicated
multiplication to a simple process of addition. The matter is
further complicated by the general practice of publishers accounting
to authors for sales on the basis of 13 as 12 (or sometimes 25 as 24),
which they generally grant to the retail booksellers. There are
accordingly two sets of tables, one in order to reduce 13 to 12 (or
13 to 12^), and the remainder to ascertain the exact amount due
on different systems of royalty and on price books. Thus, if 936
of a 5s. book have been sold on which a royalty of 10 per cent, is
due, the first table will enable the calculator to ascertain that 936
could only be reckoned as 864, and from the fourth colunm of the
table devoted to 5s. the royalties for 800, for 60, and for 4 are
already given, and the final result easily works out at ;£2i 12s.
Generally speaking, it is sufficient to check the results roughly —
«.g., by finding out how much 850 copies would bring in.

In making the following calculations a certain difficulty arises
owing to the deficiency of our coinage, which reckons nothing lower
than a farthing, and to the trade custom of the booksellers by which
the moiety is the only fractional part of the price of a book recog-
nised. In consequence some of the results are not strictly in accord-
ance with the Rule of Three.

The suggestion has been made that it is not entirely reasonable
to define these royalties within the limits of 2\ and 20 per cent. ;
but the royalty of 2^ per cent, is in frequent use, especially where
colonial editions of books published in England are concerned, and,
as has been shown, in graduated royalties. Royalties of more than
ao per cent., on the other hand, are not frequent ; and as these tables
are intended to afford assistance to the majority of authors — to take,
in fact, the place of a working guide — it would be misleading to
include figures which are only applicable to exceptional closes,

410



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byGoogk



Part ii.}



Royalties



411



TABLE OF ROYALTIES
ON A 6d. BOOK



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412



THE LITERARY YEAR-BOOK [part ii



TABLE OF ROYALTIES
ON A 1& BOOK



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ROYALTIES



4W



TABLE OF ROYALTIES
ON A Ss. BOOK



No.


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@ 10%
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414



THE LITERARY YEAR-BOOK



[part II.



TABLE OF ROYALTIES
ON A 2s. 6d. BOOK



No.


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Digitized



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PART IT.]



ROYALTIES



415



TABLE OF ROYALTIES
ON A 3s. 6d. BOOK



No.


@3i%


@5o/o


@ 7J%


@ 10%


@ 12J<5i ! @ tt%


@ 20%


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d.


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Digitized



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4i6



THE LITERARY YEAR-BOOK

TABLE OF ROYALTIES
ON A 4l. 6cU BOOK



Cpap-a



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Digitized



byGoogk



ur PART 11,]



ROYALTIES



417



TABLE OF ROYALTIES
ON A 6b. book



No.


@ ai%


©50/0


@ 7J%


@ 10%


@ 124%


@ 15%


@20%




i s.


d.


£


5.


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4x8



THE LITERARY YEAR-BOOK



[part II.



TABLE OF ROYALTIES
ON A 68. BOOK



No.


®2J%


©5%


@ 7Jo/o


@ 100/0


@ m%


@ 15%


@

£


»%




£ s.


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60






Digitized



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PART II.]



ROYALTIES



419



TABLE OF ROYALTIES
ON A 7s. 6d. BOOK



No.


@2i%


©50/0


@ 74%


@ 100/0


@ 124%


@ 15%


® 200/0


I s.


d.





5.


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£


5.


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I




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44






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4


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6


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2


9




3


9


4


84


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7 6




Online LibraryFrederick George AfflaloThe Literary year book → online text (page 42 of 83)