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A Publisher and His Friends - Memoir and Correspondence of John Murray; with an - Account of the Origin and Progress of the House, 1768-1843 by Samuel Smiles
page 123 of 594 (20%)
_John Murray to Mr. Gifford_.

_September_ 25, 1810.

"I entreat you to be assured that the term 'intimidation' can never be
applied to any part of my conduct towards you, for whom I entertain the
highest esteem and regard, both as a writer and as a friend. If I am
over-anxious, it is because I have let my hopes of fame as a bookseller
rest upon the establishment and celebrity of this journal. My character,
as well with my professional brethren as with the public, is at stake
upon it; for I would not be thought silly by the one, or a mere
speculator by the other. I have a very large business, as you may
conclude by the capital I have been able to throw into this one
publication, and yet my mind is so entirely engrossed, my honour is so
completely involved in this one thing, that I neither eat, drink, nor
sleep upon anything else. I would rather it excelled all other journals
and I gained nothing by it, than gain £300 a year by it without trouble
if it were thought inferior to any other. This, sir, is true."

Meanwhile, Mr. Murray was becoming hard pressed for money. To conduct
his increasing business required a large floating capital, for long
credits were the custom, and besides his own requirements, he had to
bear the constant importunities of the Ballantynes to renew their bills.
On July 25, 1810, he wrote to them: "This will be the last renewal of
the bill (£300); when it becomes due, you will have the goodness to
provide for it." It was, however, becoming impossible to continue
dealing with them, and he gradually transferred his printing business to
other firms. We find him about this time ordering Messrs. George Ramsay
& Co., Edinburgh, to print 8,000 of the "Domestic Cookery," which was
still having a large sale.
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