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rable meeting at Allen's. This, at least, in Lemon's words, is certain: "It was called _Punch_ because it was short and sweet. And Punch is an English institution. Everyone loves Punch, and will be drawn aside to listen to it. All our ideas connected with Punch are happy ones." The decision was not set aside when it was found that Jerrold had edited a "Punch in London" years before, proposed to him a few months earlier by Mr. Mills (of Mills, Jowett, and Mills). But the favour with which the title was received was not universal. "I remember," Mr. Birket Foster tells me, "Landells coming into the workshop and saying, 'Well, boys, the title for the new work is to be _Punch_.' When he was gone, we said it was a very stupid one, little thinking what a great thing it was to become." [Illustration: SIGNATURES ON DOCUMENT BY WHICH _PUNCH_ WAS FOUNDED. (_See Appendix I._)] The business plan was to be a co-operative one. Mayhew, Lemon, and Coyne, it was finally agreed, were to be co-editors and own one-third share as payment.[3] Last was to find the printing and own one share, and Landells was to find drawings and engraving, and own one share. The claims of outside contributors (among whom were Jerrold and a Beckett) and the paper-maker's bill were to be the first charge on the proceeds; and if these were not enough, Landells and Last were to make up the deficiency. So, on the same plan as the first abortive attempt of a "London Charivari," the new paper was embarked on, by men who with but little capital ("it was started with L25--which I found!" says Landells) yet threw themselves into it, and became their own publishers. Advertising to the extent of L111 12s. was ventured on, including "billing in 6 Mags.," "page in 'Master Humphrey's Clock' twice," 100,000 of the prospectuses reproduced on p. 23,[4] and 2,000 window-bills that bore the design which Henning drew for _Punch's_ cover, after a rough sketch by Landells. It was a busy fortnight; and it may well be doubted if any other journal of such great eventual popularity has ever been launched with so little preparation. Every technical detail identical with what was employed up to recent years was settled; Henning drew his ill-composed cartoon of "Parliamentary Candidates under Different Heads," roughly done, but not ill-cut; and Mark Lemon, Henry Mayhew, Henry Grattan, Joseph Allen, F. G. Tomlins, Gilbert a Beckett, and W. H. Wills (the biting epigram "To the Black-
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