Smithers now ventured into the lucrative but dangerous field of fine editions of forbidden or questionable books of eroticism. Thus it came about that when John Lane sent Beardsley adrift into space, Smithers with astute judgment seized upon the vogue that Lane had cast from him, and straightway decided to launch a rival quarterly wherewith to usurp _The Yellow Book_. He knew that young Beardsley, bitterly humiliated, would leap at the opportunity. And with his remarkable flair for literature and art, Smithers brought Arthur Symons and Aubrey Beardsley into his venture. Leonard Smithers did more--or at any rate so I had it from himself later, though Smithers was not above an “exaggeration” to his own advantage--Beardsley’s bank-books alone can verify or refute it--he intended and meant to see to it that, Beardsley from that hour should be a free man, free from cares of bread, free from suppressing his genius to suit the marketplace, free to utter what song was in him. Whether Smithers were the unscrupulous rogue that he was painted by many or not, he determined that from thenceforth Beardsley should be assured of a sound income whether he, Smithers, had to beg, borrow, or steal, or jockey others, in order that Beardsley should have it. This dissipated-looking man, in whatsoever way he won his means, was at this time always well dressed and had every appearance of being well-to-do. He had his ups and downs; but he made a show of wealth and success. And he kept his wilful bond in his wilful way. Whosoever went a-begging for it, Smithers raised the money by fair means or foul that Beardsley might fulfil himself, for good or for ill. He knew no scruple that stood in Beardsley’s way. It is true that when Beardsley died, Smithers exploited him; but whilst he lived, Smithers was the most loyal and devoted friend he had. [Illustration: A CATALOGUE COVER]