‘Formerly occupied by Mr. Basket,’ a printer, under the royal patent, of Bibles and Prayer-books. To him succeeded other royal and privileged printers. Eyre and Strahan, afterwards Eyre, Strahan, and Spottiswoode, now Spottiswoode and Co., who, in 1770, left Printing House Square, and moved to New Street, Fleet Street, a neighbourhood of which, now, that firm have a virtual monopoly.

John Walter could not have dreamed of the palace now built at Bearwood; for, like most mercantile men of his day, he was quite content to ‘live over the shop’; and there, in Printing House Square, his son, and successor, John (who lived to build Bearwood), was born, and there James Carden, Esq., received his bride, John Walter’s eldest daughter, who was the mother of the present venerable alderman, Sir Robert Carden. There, too, died his wife, the partner of his successes and his failures, in the year 1798.

The first work printed at this logographic printing establishment was a little story called, ‘Gabriel, the Outcast.’ Many other slight works followed; but these were not enough to satisfy the ambitions of John Walter, who, six months after he commenced business, started a newspaper, the Daily Universal Register, on the 1st of January, 1785.[43] Even at that date there was no lack of newspapers, although our grandfathers were lucky to have escaped the infliction of the plague of periodicals under which we groan; for there were the Morning Post, the Morning Chronicle, the General Advertiser, London Gazette, London Chronicle, Gazetteer, Morning Herald, St. James’s Chronicle, London Recorder, General Evening Post, Public Advertiser, Lounger, Parker’s General Advertiser, &c. So we must conclude that John Walter’s far-seeing intelligence foretold that a good daily paper, ably edited, would pay. It was logographically printed, and was made the vehicle of puffs of the proprietor’s hobby. The Times was also so printed for a short period, but, eventually, it proved so cumbersome in practice, as absolutely to hinder the compositors, instead of aiding them.

On the 1st of January, 1788, was born a baby that has since grown into a mighty giant. On that day was published the first number of the Times, or Daily Universal Register, for it had a dual surname, and the reasons for the alteration are given in the following ‘editorial.’

‘The Times.

‘Why change the head?

‘This question will naturally come from the Public—and we, the Times, being the Public’s most humble and obedient Servants, think ourselves bound to answer:—

‘All things have heads—and all heads are liable to change.

‘Every sentence and opinion advanced by Mr. Shandy on the influence and utility of a well-chosen surname may be properly applied in showing the recommendations and advantages which result from placing a striking title-page before a book, or an inviting Head on the front page of a Newspaper.

‘A Head so placed, like those heads which once ornamented Temple Bar, or those of the great Attorney, or great Contractor, which, not long since, were conspicuously elevated for their great actions, and were exhibited, in wooden frames, at the East and West Ends of this Metropolis, never fails of attracting the eyes of passengers—though, indeed, we do not expect to experience the lenity shown to these great exhibitors, for probably the Times will be pelted without mercy.