hinder an author from driving a hard bargain, too, when he can, or when
he must; and it is to be said of the publisher that he is always more
willing to abide by the bargain when it is made than the author is;
perhaps because he has the best of it. But he has not always the best of
it; I have known publishers too generous to take advantage of the
innocence of authors; and I fancy that if publishers had to do with any
race less diffident than authors, they would have won a repute for
unselfishness that they do now now enjoy. It is certain that in the long
period when we flew the black flag of piracy there were many among our
corsairs on the high seas of literature who paid a fair price for the
stranger craft they seized; still oftener they removed the cargo and
released their capture with several weeks' provision; and although there
was undoubtedly a good deal of actual throat-cutting and scuttling, still
I feel sure that there was less of it than there would have been in any
other line of business released to the unrestricted plunder of the
neighbor. There was for a long time even a comity among these amiable
buccaneers, who agreed not to interfere with each other, and so were
enabled to pay over to their victims some portion of the profit from
their stolen goods. Of all business men publishers are probably the most
faithful and honorable, and are only surpassed in virtue when men of
letters turn business men.


VII.

Publishers have their little theories, their little superstitions, and
their blind faith in the great god Chance which we all worship. These
things lead them into temptation and adversity, but they seem to do
fairly well as business men, even in their own behalf. They do not make
above the usual ninety-five per cent. of failures, and more publishers