The Greville Memoirs, Part 2 (of 3), Volume 1 (of 3): A Journal of the Reign of Queen Victoria from 1837 to 1852Greville, Charles
History
The Greville Memoirs, Part 2 (of 3), Volume 1 (of 3): A Journal of the Reign of Queen Victoria from 1837 to 1852
Greville, Charles
Great Britain -- History -- Victoria, 1837-1901
They are in a great rage, and in no small dismay at the same
time, at the conduct of the 'Morning Chronicle,' which has turned
half against them in a most extraordinary manner, that is, it is
urging the Radicals to seize this opportunity of compelling the
Government to go their lengths, and to make such compliance the
condition of their support. Government are so indignant that they
want to break off with the 'Chronicle' altogether; but then they
will be left in the awkward predicament of having no morning
paper whatever in their service. What nettles them the more is,
that they made the 'Chronicle' what it is, and raised it by their
exertions from the lowest ebb to its present very good
circulation. Just before Peel's hundred days it was for sale, and
had then fallen to about a thousand a day. Easthope was persuaded
by Ellice to buy it, which he did for L15,000 or L20,000. The
Whigs set to work, and Hobhouse, Normanby, Poulett Thomson, Le
Marchant, and several others, wrote day after day a succession of
good articles which soon renovated the paper and set it on its
legs. The circulation increased daily till it got up to three
thousand, and now it has reached six thousand. Easthope makes a
clear L10,000 a year by the speculation; but now, seeing (or
thinking he sees) greater advantages to be got by floating down
the Radical stream than by assisting in the defence of this
Government, he forgets past favours and connexion, and is ready
to abandon them to their fate. It is rather an ominous sign and
marks strongly their falling estimation. They think it is Durham
who has got hold of Easthope, and persuades him to take this
course. He declares he is so beset with applications, advice, and
threats, that he has no alternative, and must take the line he
does, or ruin the sale of his paper.
Newmarket, March 29th, 1839 {p.180}
Public-domain text, read in full here on John Shaqi.
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