American literature -- History and criticism; Authors; English literature -- History and criticism
Very large amounts have been given for biographical works. Hayley received
for his "Life of Cowper," £11,000; and Southey, £1,000 for his life of the
same poet. The life of "William Wilberforce" was sold for £4,000; "Bishop
Heber's Journals," for £5,000; "General Gordon's Diary," for £5,250; and
the "Life of Hannah More," for £2,000.
The income of Scott was, perhaps, the largest ever made by authorship, yet
he said that the pursuit of literature was a good walking-stick, but a bad
crutch! His reputation was first made as a poet, and the following are
particulars of his profits from poetry: "The Lay of the Last Minstrel,"
published in 1805, £769 6s.; "Ballads and Lyrical Pieces," published in
1806, £100; for "Marmion," published 1808, Messrs. Constable offered 1,000
guineas soon after the poem was begun. It proved a very profitable
speculation to its publishers. During the first month after its
appearance, 2,000 copies were sold, the price being 31s. 6d. the quarto
volume. Next came the "Lady of the Lake" (1810), £2,100. This found even
greater favour with the public than its predecessors, and with it Scott's
poetical fame reached its zenith. A new poet who appeared on the scene,
Byron, completely eclipsed Scott. Scott tried, with two more poems, to win
back his lost place, as the popular poet of the period, and produced
"Rokeby," and the "Bridal of Triermain;" the latter was issued
anonymously, but both were failures. When Scott saw that his poetry did
not attract many readers, he turned his thoughts and energy into another
channel, and commenced his immortal novels. He had by him an unfinished
story, the work of former years, which he completed, giving it to the
world under the title of "Waverley." Constable offered £700 for the
copyright--an amount deemed very large in those days for a novel to be
published without the name of the author. Seven hundred sovereigns did
not, however, satisfy Scott; he simply said, "It is too much if the work
should prove a failure, and too little if it should be a success." It was
a brilliant book, and entranced the reading world. Scott had now found his
real vocation. He received for eleven novels, of three volumes each, and
nine volumes of "Tales of My Landlord," the sum of £110,000. For one
novel he was paid £10,000. Between November, 1825, and June, 1827, he
earned £26,000--an amount representing £52 6s. 3d. per working day. From
first to last, Sir Walter Scott made by his literary labours about
£300,000.
Public-domain text, read in full here on John Shaqi.
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