The priceless Morrison Collection has already been mentioned. Its dispersal would certainly occasion a dislocation in autograph prices throughout the world.

Since 1900 I have carefully noted the prices realised at all the principal sales in London, and more recently in New York, and although there has been a steady rise in prices for high-class autographs, not a single sale has ever occurred at which some bargain or other might not have been picked up.

The existing firm of Sotheby, Wilkinson, & Hodge, of 13, Wellington Street, Strand (the premises, by a strange coincidence, once occupied by the elder Ireland), was really founded as far back as 1696, when Messrs. Cooper & Milling first began to dispose of MSS.—generally in the evening. The business passed successively through the hands of Messrs. Ballard, Paterson, & Baker. In 1744 Samuel Baker moved to auction-rooms over "Exeter 'Change" in the Strand. At the death of Mr. Baker he was succeeded by Mr. John Sotheby, when the firm became Leigh & Sotheby. From 145, Strand, they removed to the premises in Wellington Street, long familiar to buyers of MSS.

At the "Sotheby" sale of November 1, 1901, I note the following prices:—

£s.d.
Queen Henrietta Maria, D.S.5126
Queen Victoria, A.L.S., to Lady Dover5100
(Now in my collection.)
Sir Walter Scott, A.L.S., 2 pp.3100
Edmund Burke, A.L.S., 2 pp.2100
Several A.L.S. of Thos. Campbell, averaged0100
Several A.L.S. of Wm. Cowper, averaged300
Several A.L.S. of Edwin Landseer, averaged080
Several A.L.S. of Thomas Moore, averaged0110
A fine A.L.S. of William Pitt the elder4150
A whole series of A.L.S. of the Dukeof Wellington to Lord Beresford(over 50), nearly all written duringthe Peninsular War}From
700
to
070

At the sale of Colonel John Moore's autographs at "Sotheby's" (November 29-30, 1901), I note a magnificent series of Civil War MSS. Amongst the letters sold were the following:—

£s.d.
A.L.S.John Bradshaw(1644)24100
"Sir Wm. Brereton(1643)800
"Lord Byron(1652)750
D.S.O.Cromwell(1649)800
""(1649)1200
""(1651)10126
A.L.S.William, Earl of Derby (with other papers)(1672)10100
D.S.Thomas, Lord Fairfax(1643)9100
L.S.""(1649)1300
A.L.S.Colonel John Hewson(1648)8150
D.S.William Lenthall(1645)500
A.L.S.Sir Edward Massey(1660)2100
D.S.Colonel John Moore(1645)700
A.L.S."""(1647)1100
""""(1646)11150
""""(1650)850
A.L.S.Algernon Percy, Duke of Northumberland(1645)19150
A.L.S.Sir Christopher Wren(1693)4900

The two days' sale of 318 lots realised £956 13s.