Sometimes you have to forget your principles and do what’s right.

By the mid-70s, I wanted to get out of the business. I was tired anyway.

You can't be afraid of failure and you can't be afraid of success, because either one gets in the way of your work.

I'm a very, very stubborn man.

And then adds with a laugh, 'but in retrospect I think he may have been more sophisticated than we were.'

In the early 1970s. 1971, '72. The rooms were closing down, record labels weren't signing acoustic acts any more. Although they had been pretty much been getting out of that for some time before that.

If there was ever any truth to the trickle-down theory, the only evidence of it I've ever seen was in that period of 1960 to 1965. All of sudden they were handing out major label recording contracts like they were coming in Cracker Jack boxes.