(A much fuller and more accurate knowledge of this whole transaction, than that possessed by Lockhart, can be gathered from the annals of the two great publishing houses concerned in it;--Smiles's _Memoir of John Murray_ (vol. i. chap. xviii.), and Mrs. Oliphant's _William Blackwood and his Sons_ (vol. i. pp. 56-92), especially from the latter work, in which the whole incident is set in its proper light. Notwithstanding the heavy preliminary tax for unsalable books from the Ballantynes' "wretched stock," neither publisher seems to have had a moment's doubt as to the acceptance of the offer of the ostensibly anonymous Work of Fiction, though they were much fretted by the delays, uncertainties, and mysteries attending the matter. "One in business must submit to many things, and swallow many a bitter pill, when such a man as Walter Scott is the object in view," writes Blackwood to Murray,--the bitterness being largely the dealing with James Ballantyne. "John I always considered as no better than a swindler, but James I put some trust and confidence in. You judged him more accurately." ... And on another occasion,--"Except my wife, there is not a friend whom I dare advise with. I have not ventured to mention the business to my brother on account of the cursed mysteries and injunctions of secrecy connected with it. I know he would blame me for engaging in it, for he has a very small opinion of the Ballantynes." Apart from the vexations attending their office as intermediaries, for which the Ballantynes were only partially responsible, this shrewd, if irritated, observer appears to have formed opinions of the brothers as business men, in some respects not differing greatly from those held by Lockhart in later days.