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R.L. 2

almost from that time on and so there have been very few times when I was ahead of him in debt. He gives you a monthly amount which is adjustable, you can get more if you want more.

E.V.: You mean now? It's on that kind of a basis?

R.L.: Yes, it's always been monthly. But at the end of the year if you are way ahead of him then the next year you get a higher monthly thing. So that it gets adjusted.

E.V.: Then at the accounting at the end of the year you get all that you really made.

R.L.: Yes, it gets a little complicated. People don't pay forever in the art world, so even if your account is credited, you don't... he doesn't necessarily have it. Also you don't particularly want the money.

E.V.: You happened to mention that some artist like ------ have been carried like four or six years before his work began to sell. 

R.L.: And he has carried many artists after that too.

E.V.: Yes, and he said that he carried some artists that never did. Whose work never did really sell. So that was actually money for which he received no return.

R.L.: I suppose even if you get the paintings, you know or something to make up for it -- if the work didn't sell in the first place, it doesn't do you much good.

E.V.: No, it doesn't do you much good, and he said that he might have two or three of them that he didn't try to....he is a very idealistic and very generous person. 

R.L.: He really is, he is, he never stints on anything, photographs, shipping, anything at all. There is just no limit to... he just never says no to anybody. It's really, he should be stricter in a way just to run a business. I just think he is really very generous.

E.V.: Yes, and what will happen when ________ comes?

R.L.: Well, she is taking other artists. She is taking younger people, I think.

E.V.: Oh, she is, I see, because that would be quite a conflict.
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Transcription Notes:
For the handwritten note on Line 4, "on", above the word "own", I can see "on" was the correct word so I used the correct word of "on" instead of "own". Is this correct?