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#Paige Compositor

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The Truth Behind Mark Twain's Bankruptcy: The Painful Lesson of Losing $190,000 on a Typesetting Machine

Aug 13, 2026·3 min

The Truth Behind Mark Twain's Bankruptcy: The Painful Lesson of Losing $190,000 on a Typesetting Machine

Mark Twain went bankrupt after losing $190,000 on the Paige Compositor. Why did this 18,000-part "mechanical marvel" lose to the simpler Linotype? A deep dive into this century-old tech investment trap.