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If you desire to sell your composition outright, word your letter as follows:
Messrs. Jones & Smith,
New York City.
Dear Sirs: Enclosed herewith please find Ms. of my
composition entitled "................", which I desire
to sell outright. Kindly give same your consideration, and if agreeable to you, state your best cash offer. If unavailable for your catalogue, return Ms. at your early convenience for which I enclose necessary postage. Awaiting your favors, I remain,
Very truly yours,
If you wish to stipulate a certain price at the outset, mention it. Furthermore, should you have already printed and published your piece, and should it have attained a certain measure of popularity, and you desire to sell outright, mention to what extent the composition has caught on, and give reference of your local music dealers, etc.
The usual course to pursue in the case of an unpublished Ms. is to place it with a publisher on a royalty basis. If the song is successful, this arrangement always results much more satisfactorily to the author from a financial standpoint.
"Royalty," it should be explained, is a certain stipulated percentage given the owner or owners of a Ms. on all sales of the composition during the life of the copyright. Copies issued by the publisher as "new issues," that is to say, copies sent to the trade at a very low price as a means