I doubt, indeed, whether the earnings of literary men are absolutely as great as they were earlier in the century, in any of the English-speaking countries; relatively they are nothing like as great. Scott had forty thousand dollars for "Woodstock," which was not a very large novel, and was by no means one of his best; and forty thousand dollars had at least the purchasing powers of sixty thousand then. Moore had three thousand guineas for "Lalla Rookh," but what publisher would be rash enough to pay twenty-five thousand dollars for the masterpiece of a minor poet now? The book, except in very rare instances, makes nothing like the return to the author that the magazine makes, and there are but two or three authors who find their account in that form of publication. Those who do, those who sell the most widely in book form, are often not at all desired by editors; with difficulty . . . Read More