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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 148 of 594 (24%)

CHAPTER X

MR. MURRAY'S REMOVAL TO 50, ALBEMARLE STREET

We must now revert to the beginning of 1812, at which time Mr. William
Miller, who commenced business in Bond Street in 1791, and had in 1804
removed to 50, Albemarle Street, desired to retire from "the Trade." He
communicated his resolve to Mr. Murray, who had some time held the
intention of moving westward from Fleet Street, and had been on the
point of settling in Pall Mall. Murray at once entered into an
arrangement with Miller, and in a letter to Mr. Constable of Edinburgh
he observed:

_John Murray to Mr. A. Constable_.

_May_ 1, 1812.

"You will probably have heard that Miller is about to retire, and that I
have ventured to undertake to succeed him. I had for some time
determined upon moving, and I did not very long hesitate about accepting
his offer. I am to take no part of his stock but such as I may deem
expedient, and for it and the rest I shall have very long credit. How
far it may answer, I know not; but if I can judge of my own views, I
think it may prove an advantageous opening. Miller's retirement is very
extraordinary, for no one in the trade will believe that he has made a
fortune; but from what he has laid open to me, it is clear that he has
succeeded. In this arrangement, I propose of course to dispose of my
present house, and my medical works, with other parts of my business. I
have two offers for it, waiting my decision as to terms.... I am to
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