My dear Friend
Your letter has just been brought here to me as I am at home on account of a bad cold.
As I told you in my last letter we had thought over the matter most carefully: and at the same time I gave you all our reasons for thinking that your price of 1000 £ was too high: it is not pleasant for either of us to keep on discussing these matters and therefore I will not repeat these reasons.
We cannot agree to give you more than 650 £ for “Ludmila” in the first instance - but if it should prove to be the great success you think it will be - and I hope it will - within 5 years of its first production we will then pay you the balance 350 £ making in all the 1000 £ you ask.
I trust you will find this a fair proposition and one you can accept without further delay. Of course you will have to leave it to our honour as little success (commercially) but I think you can trust that. I am afraid we shall be dreadfully late in preparing the copies of parts for the Festival: you know you promised us part I. at Christmas: is the rest of the work nearly ready?
Yours most sincerely,
Alfred H Littleton