All the works of importance, many even of the minor books, were, at that time, published not only by subscription in the first instance, but the remaining risk, and the trouble of a pretty certain venture, were divided amongst a number of booksellers: and the share system was so general that in the books of the Stationers’ Company there is a column ruled off, before the entries of the titles of works and marked “Shares,” and subdivided into halves, eight-twelfths, sixteenths, twenty-fourths, and even sixty-fourths. Much of the speculative portion of a bookseller’s business in those days consisted, therefore, not in the original publication of books, but in the purchase and sale of their shares, and to this business we find that Thomas Longman was especially addicted. As early as November, 1724, he bought one-third of the _Delphin Virgil_ from Jacob Tonson, junior; in 1728 a twentieth of Ainsworth’s _Latin Dictionary_, one of the most profitable books of the last century, for forty pounds, and, much later on, one-fourth part of the _Arabian Nights’ Entertainment_ for the small sum of twelve pounds. The chief interest of the career of the house at this period lies in their connection with the _Cyclopædia_ of Ephraim Chambers, which was not only the parent of all our English encyclopædias, but also the direct cause of the famous _Encyclopédie_ of the French philosophers. Longman’s share in this work, first published in 1728, cost but fifty pounds, and consisted, probably, only of one sixty-fourth portion; as, however, the proprietors died off, Longman steadily purchased all the shares that were thrown on the book-market, until, in the year 1740, the Stationers’ book assigns him eleven out of the sixty-four--a larger number than was ever held by any other proprietor. One of the few direct allusions to Longman’s personal character relates to his kindness to Ephraim Chambers. A contemporary writes in the _Gentleman’s Magazine_:--“Mr. Longman used him with the liberality of a prince, and the kindness of a father; even his natural absence of mind was consulted, and during his illness jellies and other proper refreshments were industriously left for him at those places where it was least likely that he should avoid seeing them.” Chambers had received £500 over and above the stipulated price for this great work, and towards the latter end of his life was never absolutely in want of money; yet from forgetfulness, perhaps from custom, he was parsimonious in the extreme. A friend called one day at his chambers in Gray’s Inn, and was pressed to stay dinner. “And what will you give me, Ephraim?” asked the guest; “I dare engage you have nothing for dinner!” To which Mr. Chambers calmly replied, “Yes, I have a fritter, and if you’ll stay with me I’ll have two.”