riters in the _Review_ will ever contribute a syllable to a
work belonging to booksellers. It is proper, however, to announce this
to you distinctly, that you may have no fear of hardship or
disappointment in the event of Mr. Longman succeeding in his claim to
the property of this work. If that claim be not speedily rejected or
abandoned, it is our fixed resolution to withdraw entirely from the
_Edinburgh Review_; to publish to all the world that the conductor and
writers of the former numbers have no sort of connection with those that
may afterwards appear; and probably to give notice of our intention to
establish a new work of a similar nature under a different title.
I have the honour to be, gentlemen,
Your very obedient servant,
F. JEFFREY.
A copy of this letter was at once forwarded to Messrs. Longman.
Constable, in his communication accompanying it, assured the publishers
that, in the event of the editor and contributors to the _Edinburgh
Review_ withdrawing from the publication and establishing a new
periodical, the existing _Review_ would soon be of no value either to
proprietors or publishers, and requested to be informed whether they
would not be disposed to transfer their interest in the property, and,
if so, on what considerations. Constable added: "We are apprehensive
that the editors will not postpone for many days longer that public
notification of their secession, which we cannot help anticipating as
the death-blow of the publication."
Jeffrey's decision seems to have settled the matter. Messrs. Longman
agreed to accept L1,000 for their claim of property in the title and
future publication of the _Edinburgh Review_. The injunction was
removed, and the London publication of the _Review_ was forthwith
transferred to John Murray, 32, Fleet Street, under whose auspices No.
22 accordingly appeared.
Thus far all had gone on smoothly. But a little cloud, at first no
bigger than a man's hand, made its appearance, and it grew and grew
until it threw a dark shadow over the friendship of Constable and
Murray, and eventually led to their complete separation. This was the
system of persistent drawing of accommodation bills, renewals of bills,
and promissory notes. Constable began to draw heavily upon Murray in
April 1807, and the promissory notes went on accumulating until they
constituted a mighty mass of paper money. Murray's banker cautioned him
against the practice. But repeated expostulation was of
|