Memoirs of the Life of the Rt. Hon. Richard Brinsley Sheridan — volume 02

Cover Memoirs of the Life of the Rt. Hon. Richard Brinsley Sheridan — volume 02
Memoirs of the Life of the Rt. Hon. Richard Brinsley Sheridan — volume 02
Moore Thomas
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Laying aside then all affectation of indifference, so common inmaking bargains, let us set out with acknowledging that it is mutuallyour interest to agree, if we can. At the same time, let it be avowed, that I must be considered as trying to get as good a price as I can, andMr. Kemble to buy as cheap as he can. In parting with theatricalproperty, there is no standard, or measure, to direct the price: thewhole question is, what are the probable profits, and what is such aproportion of them worth...?
"I bought of Mr. Garrick at the rate of 70, 000_l_. For the wholetheatre. I bought of Mr. Lacey at the rate of 94, 000_l_. Ditto. Ibought of Dr. Ford at the rate of 86, OOO_l_. Ditto. In all thesecases there was a perishable patent, and an expiring lease, each havingto run, at the different periods of the purchases, from ten to twentyyears only.
"All these purchases have undoubtedly answered well; but in the chance ofa Third Theatre consisted the risk; and the want of size andaccommodation must have produced it, had the theatres continued as theywere.


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