The Autobiography of Mark Twain · Chapter
New York, Wednesday, February 21, 1906 explained
Mark Twain reflects on advice from his father-in-law, Jervis Langdon, about the importance of signing contracts promptly.
What happens
Mark Twain reflects on advice from his father-in-law, Jervis Langdon, about the importance of signing contracts promptly. Langdon recounts how he and other businessmen lost a fortune by postponing the signing of a contract for the Lehigh Valley Railroad, a mistake that cost them millions.
Themes in this chapter
Character and Morality
Twain emphasizes the moral and practical importance of fairness in contracts and the wisdom of acting decisively.
Family and Domestic Life
The chapter centers on a personal conversation between Twain and his father-in-law, highlighting familial bonds and shared wisdom.
Characters to notice
- Mark Twain
Narrator and author, recalling a conversation with his father-in-law about contracts and business wisdom.
- Jervis Langdon
Twain's father-in-law, who shares a cautionary tale about losing a railway deal by delaying a contract signing.
- Susy Clemens
Mentioned as the subject of Susy's Biography, though not directly appearing in the anecdote.
Key passages
“When you and the publisher shall have gotten the contract framed to suit you both and no doubts about it are left in your minds, sign it—sign it: today, don’t wait till tomorrow.”
Once you and the publisher have agreed on a contract and are confident in its terms, sign it immediately without delay.
Twain recounts his father-in-law's advice to act promptly on contracts, learned from a costly mistake.
“We had traded a Bank of England for ten minutes’ extra sleep—a very small sleep, an apparently unimportant sleep, but it has kept us tired ever since.”
We exchanged the equivalent of a vast fortune for just ten more minutes of rest, a seemingly trivial trade that has left us with lasting regret.
Langdon's metaphor for the immense cost of postponing the railroad contract signing.