Chambers's Edinburgh Journal, No. 460: Volume 18, New Series, October 23, 1852Various
History
Chambers's Edinburgh Journal, No. 460: Volume 18, New Series, October 23, 1852
Various
Periodicals
The land was bought, the necessary buildings were substantially
erected, and the three principal concocters of the scheme, one of whom
was a lawyer, were appointed to manage the concern, and empowered to
borrow money in case it should be wanted, to complete the plant, and
to work it until the profits came in. They had every advantage for the
production of a cheap and superior article: labour, land-carriage, and
water-carriage, were all at a low charge in the neighbourhood; and
materials, upon the whole, rated rather under than over the average.
Year after year, however, passed away, and not a farthing of dividend
came to the shareholders; promises only of large profits at some
future period--that was all. It happened that none of the shareholders
had invested any very large sums, and this was thought a fortunate
circumstance, as none of them felt very deeply involved. The rich had
speculated with their superfluity, and they could bear to joke on the
subject of the Romantic Valley, though they shook their heads when the
supposed value of the shares was hinted at. The poor felt it more, and
some of the neediest sold their single shares or half-shares at a
terrible discount, while they would yet realise something. As time
rolled on, several of the older proprietors died off, and willed away,
with the rest of their property, the Romantic Valley Brewery shares to
their friends and relatives. A considerable number of them thus passed
from the first holders to the hands of others, one and all of whom
naturally accepted the legacies devised to them, and gave the
necessary signatures to the documents which made the shares their own.
Public-domain text, read in full here on John Shaqi.
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