In the year 1450, Gutenberg, having already completed three, perhaps four, small founts of type, as well as presses that fully answered his expectations, designed a work, the magnitude of which necessitated a large preliminary outlay. To enable him to execute his design, he had recourse to Faust. Faust, having convinced himself of the worth of his inventions, and the value of the project in contemplation, agreed to “advance to John Gutenberg 800 florins in money, as a fixed sum, with which he was to perform the work in question,” on condition “that the utensils were to be considered as security to the said John Faust, and that he (Gutenberg) was to give six florins per cent. interest for these 800 florins.” With this money Gutenberg was bound “to prepare and make utensils” to be employed for their joint use. Faust also agreed to pay 300 florins annually “for expenses, as well as _for the wages of servants, rent, firing, parchment, paper, ink, &c._” It was moreover stipulated, “that if in future they should disagree, Gutenberg was to give back to Faust his 800 florins, and that his utensils were then to be released.”[55] Supplied with funds, Gutenberg set actively to work. Several assistants were at once engaged, and amongst the rest Peter Schœffer of Gernszheim. Their principal occupation would be in connection with the work for which Faust made the advance of 800 florins; but while that was progressing, several small matters were printed, for which there would be a steady though probably only a limited demand. The Abbot Trithemius states, in his _Chronicon Hirsaugiense_, that “a vocabulary called the _Catholicon_,”[56] was the first work printed, “with the characters of the letters carved in wooden tablets in a series, and composed in forms:--imprimis agitur characteribus litterarum in tabulis lignis per ordinem scriptis formisque compositis.” Other writers make mention of an Alphabet, engraved on a single page, and two editions of Donatuses, also cut in solid blocks. These were most likely brought by Gutenberg from Strasburg, and would be his earliest efforts. But besides these, there were Donatuses in cut metal types, and, as some consider, “An Appeal against the Turks,” and “Letters of Indulgence,” printed in the years 1454 and 1455.[57] All these were doubtless the ‘pot-boilers’ of the establishment for the time being.