. Barclay, Perkins, and Company. Upon one of the
walls of the brewery, on the south side of Park Street, which was
formerly Maiden Lane, has been placed a bronze memorial tablet[430]
showing in relief the Bankside, with what is intended to be the Globe
Playhouse conspicuously displayed in the foreground. This is a
circular building designed after the circular playhouse in the
Speed-Hondius _View of London_, and represents, as I have tried to
show, not the Globe, but the Rose. At the left side of the tablet is
a bust of the poet modeled after the Droeshout portrait. At the right
is the simple inscription:

HERE STOOD THE GLOBE PLAYHOUSE OF SHAKESPEARE

[Footnote 430: The tablet was designed by Dr. William Martin and
executed by Professor Lanteri. For photographs of it and of the place
in which it is erected, see _The London Illustrated News_, October 9,
1909, CXXXV, 500.]

Yet it is very doubtful whether the Globe really stood there. Mr.
Wallace has produced good evidence to show that the building was on
the north side of Park Street near the river; and in the course of the
present study I have found that site generally confirmed.

CHAPTER XIII

THE FORTUNE

The erection of the Globe on the Bankside within a few hundred yards
of the Rose was hardly gratifying to the Admiral's Men. Not only did
it put them in close competition with the excellent Burbage-Shakespeare
organization, but it caused their playhouse (now nearly a quarter of a
century old, and said to be in a state of "dangerous decay") to suffer
in comparison with the new and far handsomer Globe, "the glory of the
Bank." Accordingly, before the Globe had been in operation much more
than half a year, Henslowe and Alleyn decided to move to another
section of London, and to erect there a playhouse that should surpass
the Globe both in size and in magnificence. To the authorities,
however, they gave as reasons for abandoning the Rose, first, "the
dangerous decay" of the building, and secondly, "for that the same
standeth very noisome for resort of people in the winter time."

The new playhouse was undertaken by Henslowe and Alleyn jointly,
although the exact arrangement between them is not now clear. Alleyn
seems to have advanced the money and to have held the titles of
ownership; but on April 4, 1601, he leased to Henslowe a moiety (or
one-half interest) in the playhouse and other properties connected
with it for a period of twenty-four years a