The mention of these last may fairly introduce a few words on the formal and metrical characteristics of the poem, remarks which perhaps some readers resent, but which must nevertheless be made, inasmuch as they are to my mind by far the most important part of poetical criticism. Scott evidently arranged his scheme of metre with extreme care here, though it is possible that after this severe exercise he let it take care of itself to some extent later. His introduction is in the strict octosyllable, with only such licences of slur or elision—

'The pi | tying Duch | ess praised its chime,'
'He had played | it to King Charles the Good'—

as the greatest precisians might have allowed themselves. But the First Canto breaks at once into the full licence, not merely of equivalence,—that is to say, of substituting an anapæst or a trochee for an iamb,—but of shifting the base and rhythm of any particular verse, or of set batches of verses, between the three ground-feet, and, further, of occasionally introducing sixes, as in the ballad metre, and even fours—

'Bards long | shall tell
How Lord Wal | ter fell,'

instead of the usual eights.

In similar fashion he varies the rhymes, passing as the subject or the accompaniment of the word-music may require, from the couplet to the quatrain, and from the quatrain to the irregularly rhymed 'Pindaric'; always, however, taking care that, except in the set lyric, the quatrain shall not fall too much into definite stanza, but be interlaced in sense or sound sufficiently to carry on the narrative. The result, to some tastes, is a medium quite unsurpassed for the particular purpose. The only objection to it at all capable of being maintained, that I can think of, is that the total effect is rather lyrical than epic. And so much of this must be perhaps allowed as comes to granting that Scott's verse-romance is rather a long and cunningly sustained and varied ballad than an epic proper.

The Lay, though not received with quite that eager appetite for poetry which Scott was 'born to introduce,' and of which he lived long enough to see the glutting, had a large and immediate sale. The author, not yet aware what a gold mine his copyrights were, parted with this after the first edition, and received in all rather less than £770, a sum trifling in comparison with his after gains; but probably the largest that had as yet been received by any English poet for a single volume not published by subscription. It is curious that, at the estimated rate of three for one in comparing the value of money at the end of the seventeenth and the beginning of the nineteenth century, the sum almost exactly equals that paid by Tonson for Dryden's Fables, the last book, before the Lay itself, which had united popularity, merit, and bulk in English verse. But Dryden was the acknowledged head of English literature at the time, and Scott was a mere beginner. He was probably even better pleased with the quality of the praise than with the quantity of the pudding. For though professional criticism, then in no very vigorous state, said some silly things, it was generally favourable; and a saying of Pitt (most indifferent, as a rule, of all Prime Ministers to English literature) is memorable not merely as summing up the general impression, but as defining what that impression was in a fashion quite invaluable to the student of literary history. The Pilot that Weathered the Storm, it seems, said of the description of the Minstrel's hesitation before playing, 'This is a sort of thing I might have expected in painting, but could never have fancied capable of being given by poetry.' To the present generation and the last, the reverse expression would probably seem more natural. We say, of Mr. Watts or of Sir Edward Burne-Jones, that they have put, in 'Love and Death' or in 'Love among the Ruins,' what we might have expected from poetry, but could hardly have thought possible in painting. But a hundred years of studious convention and generality, of deliberate avoidance of the poignant, and the vivid, and the detailed, and the coloured in poetry had made Pitt's confession as natural as another hundred years of contrary practice from Coleridge to Rossetti have made ours.

The publication of the Lay immediately preceded, and perhaps its success had no small share in deciding, the most momentous and unfortunate step of Scott's life, his entry into partnership with James Ballantyne. The discussion of the whole of this business will best be postponed till the date of its catastrophe is reached, but a few words may be said on the probable reasons for it. Much, no doubt, was the result of that combination of incalculable things which foolish persons of one kind call mere chance, of which foolish persons of another kind deny the existence, and which wise men term, from different but not irreconcilable points of view, Providence, or Luck, or Fate. But a little can be cleared up. Scott had evidently made up his mind that he should not succeed at the Bar, and had also persuaded himself that the very success of the Lay had made failure certain. The ill success of his brother Thomas, with the writer's business inherited from their father, perhaps inconvenienced and no doubt frightened him. In fact, though his harsher judges are wrong in attributing to him any undue haste to be rich, he certainly does seem to have been under a dread of being poor; a dread no doubt not wholly intelligible and partly morbid in a young man still under thirty-five, with brilliant literary and some legal prospects, who had, independently of fees, literary or legal, a secured income of about a thousand a year. He probably thought, and was right in thinking, that the book trade was going to 'look up' to a degree previously unknown; he seems throughout to have been under one of those inexplicable attractions towards the Ballantynes which now and then exist, as Hobbes says, 'in the greater towards the meaner, but not contrary'; and perhaps there was another cause which has not been usually allowed for enough. Good Christian and good-natured man as he was, Scott was exceedingly proud; and though joining himself with persons of dubious social position in mercantile operations seems an odd way of pride, it had its temptations. I do not doubt but that from the first Scott intended, more or less vaguely and dimly, to extend the printing business into a publishing one, and so to free himself from any necessity of going cap-in-hand to publishers.

However, for good or for ill,—I think it was mainly for ill,—for this reason or for that, the partnership was formed, at first indirectly by way of loan, then directly by further advance on security of a share in the business, and finally so that Scott became, though he did not appear, the leading partner. And the very first letter that we have of his about business shows the fatal flaw which he, the soul of honour, seems never to have detected till too late, if even then. The scheme for an edition of Dryden was already afloat, and the first editor proposed was a certain Mr. Foster, who 'howled about the expense of printing.' 'I still,' says Scott to Ballantyne, 'stick to my answer that I know nothing of the matter, but that, settle it how he and you will, it must be printed by you or be no concern of mine. This gives you an advantage in driving the bargain.' Perhaps; but how about the advantage to Mr. Foster of being advised by Ballantyne's partner to employ Ballantyne, while he was innocent of the knowledge of the identity of partner and adviser, and was even told that Scott 'knew nothing of the matter'?

Even before the quarrel which soon occurred with Constable established the Ballantynes—nominally the other brother John—as publishers, Scott had begun, and was constantly pressing upon the different publishing houses with which he was connected, a variety of literary schemes of the most ambitious and costly character. All these books were to be printed by Ballantyne, and many of them edited by himself; while, when the direct publishing business was added, there was no longer any check on this dangerous proceeding. It is most curious how Scott, the shrewdest and sanest of men in the vast majority of affairs, seems to have lost his head wherever books or lands were concerned. Himself both an antiquary and an antiquarian,[13] as well as a lover of literature, he seems to have taken it for granted that the same combination of tastes existed in the public to an extent which would pay all expenses, however lavishly incurred. To us, nowadays, who know how cold a face publishers turn on what we call really interesting schemes, and how often these schemes, even when fostered, miscarry or barely pay expenses,—who are aware that even the editors of literary societies, where expenses are assured beforehand, have to work for love or for merely nominal fees, simply because the public will not buy the books,—it is not so wonderful that some of Scott's schemes never got into being at all, and that others were dead losses, as that any 'got home.' His Dryden, an altogether admirable book, on which he lavished labour, and great part of which appealed to a still dominant prestige, may just have carried the editor's certainly not excessive fee of forty guineas a volume, or about £750 for the whole. But when one reads of twice that sum paid for the Swift, of £1300 for the thirteen quartos of the Somers Papers, and so forth, the feeling is not that the sums paid were at all too much for the work done, but that the publishers must have been very lucky men if they ever saw their money again. The two first of these schemes certainly, the third perhaps, deserved success; and still more so did a great scheme for the publication of the entire British Poets, to be edited by Scott and Campbell, which indeed fell through in itself, but resulted indirectly in Campbell's excellent Specimens and Chalmers's invaluable if not very comely Poets. Even another project, a Corpus Historicorum, would have been magnificent, though it could hardly have been bookselling war. But the Somers Tracts themselves, the Memoirs and papers of Sadler, Slingsby, Carleton, Cary, etc., were of the class of book which requires subvention of some kind to prevent it from being a dead loss; and when the preventive check of the unwillingness of publishers was removed by the fatal establishment of 'John Ballantyne & Co.,' things became worse still. There are few better instances of the eternal irony of fate than that the author of the admirable description of the bookseller's horror at Mr. Pembroke's Sermons[14] should have permitted, should have positively caused, the publishing at what was in effect his own risk, or rather his own certainty of loss, not merely of Weber's ambitious Beaumont and Fletcher, but of collections of Tixall Poetry, Histories of the Culdees, Wilson's History of James the First, and the rest.