Blackwood's Edinburgh Magazine, No. 401, March 1849Various
Science
Blackwood's Edinburgh Magazine, No. 401, March 1849
Various
England -- Periodicals; Scotland -- Periodicals
Then the story came out. It seems that, when it was resolved to
undertake the publication of the _Literary Times_, a certain number of
shareholders had been got together by the indefatigable energies of
Uncle Jack; and, in the deed of association and partnership, my
father's name figured conspicuously as the holder of a fourth of this
joint property. If in this my father had committed some imprudence, he
had at least done nothing that, according to the ordinary calculations
of a secluded student, could become ruinous. But, just at the time
when we were in the hurry of leaving town, Jack had represented to my
father that it might be necessary to alter a little the plan of the
paper; and, in order to allure a larger circle of readers, touch
somewhat on the more vulgar news and interests of the day. A change of
plan might involve a change of title; and he suggested to my father
the expediency of leaving the smooth hands of Mr Tibbets altogether
unfettered, as to the technical name and precise form of the
publication. To this my father had unwittingly assented, on hearing
that the other shareholders would do the same. Mr Peck, a printer of
considerable opulence, and highly respectable name, had been found to
advance the sum necessary for the publication of the earlier numbers,
upon the guarantee of the said act of partnership, and the additional
security of my father's signature to a document, authorising Mr
Tibbets to make any change in the form or title of the periodical that
might be judged advisable, concurrent with the consent of the other
shareholders.
Now it seems that Mr Peck had, in his previous conferences with Mr
Tibbets, thrown much cold water on the idea of the _Literary Times_,
and had suggested something that should "catch the moneyed
public,"--the fact being, as was afterwards discovered, that the
printer, whose spirit of enterprise was congenial to Uncle Jack's, had
shares in three or four speculations, to which he was naturally glad
of an opportunity to invite the attention of the public. In a word, no
sooner was my poor father's back turned than the _Literary Times_ was
dropped incontinently, and Mr Peck and Mr Tibbets began to concentre
their luminous notions into that brilliant and comet-like apparition
which ultimately blazed forth under the title of _The Capitalist_.
From this change of enterprise the more prudent and responsible of the
original shareholders had altogether withdrawn. A majority, indeed,
were left; but the greater part of those were shareholders of that
kind most amenable to the influences of Uncle Jack, and willing to be
shareholders in anything, since as yet they were possessors of
nothing.
Public-domain text, read in full here on John Shaqi.
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