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Henry Smith had just found out that with some flour,  an egg and  water you can make a hundred pan-cakes or more.  In his town, on the main street, pan-cakes were  at � 0.95,-  apiece.


So that�s  it! Henry thought.  This is how I am going to make my first million.  How simple it is, after all!   I am going to make a thousand euros a day, if only somebody will kindly lend me his frying-pan.


He got the pan, but what happened to the idea?
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