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No production of the kind is liable to be lost to the world.

Here it is plaintively argued by Philemon, that the rewards of genius are very unequally distributed. Who can deny it? Nothing is distributed with perfect balance like chemical equivalents in this world, at least so far as mortal faculties are capable of estimating the elements of happiness and unhappiness in the lot of our fellow-men; nor can one imagine that a world, all balanced and squared off to perfection, would be a very tolerable place to live in. Genius must take its chance, like all other qualities, and, on the whole, in a civilised country it gets on pretty well. Is it not something in itself to possess genius? and is it seemly, or a good example to the uninspired world, that its owner should deem it rather a misfortune than a blessing because he is not also surrounded by plush and shoulder-knots? If all geniuses had a prerogative right to rank and wealth, and all the pomps and vanities of this wicked world, could we be sure that none but genuine geniuses would claim them, and that there would be no margin for disputation with "solemn shams"? Milton's fifteen pounds are often referred to by him who finds how hard it is to climb, &c.; but we have no "return," as the blue-books call it, of all the good opportunities afforded to intellects ambitious of arising as meteors but only showing themselves as farthing rush-lights. On the other hand, no doubt, the wide fame and the rich rewards of the popular author are not in every instance an exact measure of his superiority to the disappointed aspirant. His thousand pounds do not furnish incontrovertible evidence that he is a hundred times superior to the drudge who goes over as much work for ten pounds, and there may possibly be some one making nothing who is superior to both.

Such aberrations are incident to all human affairs; but in those of literature, as in many others, they are exceptional. Here, as in other spheres of exertion, merit will in the general case get its own in some shape. Indeed, there is a very remarkable economic phenomenon, never, as it occurs to me, fully examined, which renders the superfluous success of the popular author a sort of insurance fund for enabling the obscure adventurer to enter the arena of authorship, and show what he is worth. Political economy has taught us that those old bugbears of the statute law called forestallers and regraters are eminent benefactors, in as far as their mercenary instincts enable them to see scarcity from afar, and induce them to "hold on" precisely so long as it lasts but no longer, since, if they have stock remaining on hand when abundance returns, they will be losers. Thus, through the regular course of trade, the surplus of the period of abundance is distributed over the period of scarcity with a precision which the genius of a Joseph or a Turgot could not achieve.

The phenomenon in the publishing world to which I have alluded has some resemblance to this, and comes to pass in manner following. The confirmed popular author whose books are sure to sell is an object of competition among publishers. If he is absolutely mercenary, he may stand forth in the public market and commit his works to that one who will take them on the best terms for the author and the worst for himself, like the contractor who gives in the lowest estimate in answer to an advertisement from a public department. Neither undertaking holds out such chances of gain as independent speculation may open, and thus there is an inducement to the enterprising publisher to risk his capital on the doubtful progeny of some author unknown to fame, in the hope that it may turn out "a hit." Of the number of books deserving a better fate, as also of the still greater number deserving none better than the fate they have got, which have thus been published at a dead loss to the publisher, the annals of bookselling could afford a moving history.

When an author has sold his copyright for a comparative trifle, and the book turns out a great success, it is of course matter of regret that he cannot have the cake he has eaten. This is one side of the balance-sheet, and on the other stands the debit account in the author who, through a work which proved a dead loss to its publisher, has made a reputation which has rendered his subsequent books successful, and made himself fashionable and rich. There have been instances where publishers who have bought for little the copyright of a successful book have allowed the author to participate in their gains; and I am inclined to believe that these instances are fully as numerous as those in which an author, owing his reputation and success to a book which did not pay its expenses, has made up the losses of his first publisher.

If we go out of the hard market and look at the tendency of sympathies, they are all in the author's favour. Publishers, in fact, have, though it is not generally believed, a leaning towards good literature, and a tendency rather to over than to under estimate the reception it may meet with from the world. In considering whether they will take the risk of a new publication, they have no criterion to value it by except its literary merit, for they cannot obtain the votes of the public until they are committed; and, indeed, there have been a good many instances where a publisher, having a faith in some individual author and his star, has pushed and fought a way for him with dogged and determined perseverance, sometimes with a success of which, were all known, he has more of the real merit than the author, who seems to have naturally, without any external aid, taken his position among the eminent and fortunate.

There are, at the same time, special disquisitions on matters of science or learning intended for peculiar and limited audiences, which find their way to publicity without the aid of the publisher. For these there is an opening in certain institutions far older than the book clubs, and possessed of a far higher social and intellectual position, since they have the means of conferring titles of dignity on those they adopt into their circle—titles which are worn not by trinkets dangling at the button-hole, but by certain cabalistic letters strung to the name in the directory of the town where the owner lives, or in the numberless biographical dictionaries which are to immortalise the present generation. So the author of an essay, especially in scholarship or science, will, if it be worth anything, find a place for it in the Transactions of one or other of the learned societies. It will probably keep company with, if indeed it be not itself one of, a series of papers which appear in the quarto volumes of the learned corporation's Transactions, merely because they cannot get into the octavo pages of the higher class of periodicals; but there they are, printed in the face of the world, whose inhabitants at large may worship them if they so please, and their authors cannot complain that they are suppressed. Whether the authors of these papers may have been ambitious of their appearance in a wider sphere, or are content with their appearance in "The Transactions," it suffices for the present purpose to explain how these volumes are a more suitable receptacle than those printed by the book clubs for essays or disquisitions by men following up their own specialties in literature or science; and if it be the case that some of the essays which appear in the Transactions of learned bodies would have gladly entered society under the auspices of some eminent periodical, yet it is proper at the same time to admit that many of the most valuable of these papers, concerning discoveries or inventions which adepts alone can appreciate, could only be satisfactorily published as they have been. And so we find our way back to the proposition, that the book clubs have been judiciously restricted to the promulgation of the works of dead authors.

This has not necessarily excluded the literary contributions of living men, in the shape of editing and commenting; and it is really difficult to estimate the quantity of valuable matter which is thus deposited in obscure but still accessible places. A deal of useful work, too, has been done in the way of translation; and where the book to be dealt with is an Icelandic saga, a chronicle in Saxon, in Irish Celtic, or even in old Norman, one may confess to the weakness of letting the original remain, in some instances, unexamined, and drawing one's information with confiding gratitude from the translation furnished by the learned editor.

Let me offer one instance of the important service that may be done by affording a vehicle for translations. The late Dr Francis Adams, a village surgeon by profession, was at the same time, from taste and pursuit, a profound Greek scholar. He was accustomed to read the old authors on medicine and surgery—a custom too little respected by his profession, of whom it is the characteristic defect to respect too absolutely the standard of the day. As a physician, who is an ornament to his profession and a great scholar, once observed to me, the writings of the old physicians, even if we reject them from science, may be perused with profit to the practitioner as a record of the diagnosis of cases stated by men of acuteness, experience, and accuracy of observation. Adams had translated from the Greek the works of Paul of Ægina, the father of obstetric surgery, and printed the first volume. It was totally unnoticed, for in fact there were no means by which the village surgeon could get it brought under the notice of the scattered members of his profession who desired to possess such a book. The remainder of his labours would have been lost to the world had it not been taken off his hands by the Sydenham Club, established for the purpose of reprinting the works of the ancient physicians.

The Roxburghe Club.

Great institutions and small institutions have each individually had a beginning, though it cannot always be discovered, distance often obscuring it before it has been thought worth looking after. There is an ingenious theory abroad, to the effect that every physical impulse, be it but a wave of a human hand, and that every intellectual impulse, whether it pass through the mind of a Newton or a brickmaker, goes, with whatever strength it may possess, into a common store of dynamic influences, and tells with some operative power, however imperceptible and infinitesimal, upon all subsequent events, great or small, so that everything tells on everything, and there is no one specific cause, primary or secondary, that can be assigned to any particular event. It may be so objectively, as the transcendentalists say, but to common apprehensions there are specific facts which are to them emphatic as beginnings, such as the day when any man destined for leadership in great political events was born, or that whereon the Cape of Good Hope was doubled, or America was discovered.

The beginning of the book clubs is marked by a like distinctness, both in date and circumstance. The institution did not spring in full maturity and equipment, like Pallas from the brain of Jove; it was started by a casual impulse, and remained long insignificant; but its origin and early progress are as distinctly and specifically its own, as the birth and infancy of any hero or statesman are his. It is to the garrulity

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