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al of time in a way very unsatisfactory. Dined at home, and wrought hard. I shall be through the Bruce's reign. It is lengthy; but, hang it, it was our only halcyon period. I shall be soon done with one-half of the thousand pound's worth. _May_ 20.--Mr. Cadell breakfasted with us, with a youngster for whom he wants a letter to the Commander or Governor of Bombay. After breakfast C. and I had some talk of business. His tidings, like those of ancient Pistol, are of Africa and golden joys. He is sure of selling at the starting 8000 copies of the _Magnum_, at a profit of L70 per 1000--that is, per month. This seems certain. But he thinks the sale will rise to 12,000, which will be L280 more, or L840 in all. This will tell out a gross divisible profit of upwards of L25,000. This is not unlikely, but after this comes a series of twenty volumes at least, which produce only half that quantity indeed; but then the whole profits, save commissions, are the author's. That will come to as much as the former, say L50,000 in all. This supposes I carry on the works of fiction for two or three novels more. But besides all this, Cadell entertains a plan of selling a cheaper edition by numbers and numbermen, on which he gives half the selling price. One man, Mr. Ireland, offers to take 10,000 copies of the _Magnum_ and talks of 25,000. This allows a profit of L50 per thousand copies, not much worse than the larger copy, and Cadell thinks to carry on both. I doubt this. I have great apprehension that these interlopers would disgust the regular trade, with whom we are already deeply engaged. I also foresee selling the worst copies at the higher price. All this must be thought and cared for. In the meantime, I see a fund, from which large payments may be made to the Trustees, capable of extinguishing the debt, large as it is, in ten years or earlier, and leaving a reversion to my family of the copyrights. Sweet bodements[316]--good--but we must not reckon our chickens before they are hatched, though they are chipping the shell now. We will see how the stream takes. Dined at a public dinner given to the excellent Lord Dalhousie before his departure for India. An odd way of testifying respect to public characters, by eating, drinking, and roaring. The names, however, will make a good show in the papers. Home at ten. Good news from Sophia and Walter. I am zealous for the Mediterranean when the season comes, which may be the beginning of Sep
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