ADDRESS AT THE DINNER IN HIS HONOR AT THE LOTOS CLUB, NOVEMBER 10, 1900 In August, 1895, just before sailing for Australia, Mr. Clemens issued the following statement: “It has been reported that I sacrificed, for the benefit of the creditors, the property of the publishing firm whose financial backer I was, and that I am now lecturing for my own benefit. “This is an error. I intend the lectures, as well as the property, for the creditors. The law recognizes no mortgage on a man’s brains, and a merchant who has given up all he has may take advantage of the laws of insolvency and may start free again for himself. But I am not a business man, and honor is a harder master than the law. It cannot compromise for less than one hundred cents on a dollar, and its debts are never outlawed. “I had a two-thirds interest in the publishing firm whose capital I furnished. If the firm had prospered I would have expected to collect two-thirds of the profits. As it is, I expect to pay all the debts. My partner has no resources, and I do not look for assistance to my wife, whose contributions in cash from her own means have nearly equalled the claims of all the creditors combined. She has taken nothing; on the contrary, she has helped and intends to help me to satisfy the obligations due to the rest of the creditors.