One day this friend called upon me, and showing me an inkstand of his invention, which combined the double merit of being safe from upset, and of always keeping the ink at the same level, said,

“At last, my lad, I have hit it; this invention will make a revolution in the writing world, and allow me to walk about like a gentleman, with a hundred thousand francs a year—at the very lowest, understand me. But you can judge for yourself, if you follow my calculations closely. You know, there are thirty-six millions of inhabitants in France?”

I nodded an affirmative.

“Starting on this basis, I do not think I err if I assume that at least one-half can write, eh? or, say we take one-third, or, to be still more sure, the round sum of ten millions. Now, I hope I shall not be charged with exaggeration, if, out of these ten millions, I take one-tenth, or a million, as the number of those looking after what may be useful to them.”

And my friend stopped here and looked at me, as much as to say, “Am I not reasonable in my estimates?”

“We have, then, in France one million men capable of appreciating the benefits of my inkstand. Well, of this number how many will you allow who, during the first year, hear of my inkstand, and consequently will purchase it?

“Well,” I replied, “I confess to a difficulty in giving you an exact answer.”

“Good Heavens! who spoke about exactness? I only want an approximation, and that must be the lowest possible, that there may be no mistake.”

“Well,” I went on, continuing my friend’s decimal calculations, “take a tenth.”

“Now, mind, you said a tenth, or, in other words, one hundred thousand. But,” the inventor continued, charmed at seeing me share his brilliant calculations, “do you know what the sale of these one hundred thousand inkstands will produce me in a year?”