Carta 135a

In a letter to Rayner Unwin of Allen & Unwin, Tolkien expresses his gratitude for the publisher's decision to publish The Lord of the Rings under a profit-sharing scheme. He acknowledges the plan, which involves no royalties until all costs are covered, with profits shared thereafter. Tolkien looks forward to the final decision on whether the work will be published as one volume or three and assures Unwin that he will fulfill his part promptly despite his other commitments.

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