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Paine, Albert Bigelow, 1861-1937

"Mark Twain, a Biography. Complete"


In 1893 we fell together by accident one evening in the Murray Hill
Hotel, and our friendship began on the spot and at once. Ever since then
he has added my business affairs to his own and carried them through, and
I have had no further trouble with them. Obstructions and perplexities
which would have driven me mad were simplicities to his master mind and
furnished him no difficulties. He released me from my entanglements with
Paige and stopped that expensive outgo; when Charles L. Webster & Company
failed he saved my copyrights for Mrs. Clemens when she would have
sacrificed them to the creditors although they were in no way entitled to
them; he offered to lend me money wherewith to save the life of that
worthless firm; when I started lecturing around the world to make the
money to pay off the Webster debts he spent more than a year trying to
reconcile the differences between Harper & Brothers and the American
Publishing Company and patch up a working-contract between them and
succeeded where any other man would have failed; as fast as I earned
money and sent it to him he banked it at interest and held onto it,
refusing to pay any creditor until he could pay all of the 96 alike; when
I had earned enough to pay dollar for dollar he swept off the
indebtedness and sent me the whole batch of complimentary letters which
the creditors wrote in return; when I had earned $28,500 more, $18,500 of
which was in his hands, I wrote him from Vienna to put the latter into
Federal Steel and leave it there; he obeyed to the extent of $17,500, but
sold it in two months at $25,000 profit, and said it would go ten points
higher, but that it was his custom to "give the other man a chance" (and
that was a true word--there was never a truer one spoken).


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