We do not know the amount Shakespeare received for his plays, but it is certain that his connection with the theatre in London in a few years realised for him a fortune, and, at a comparatively early age, enabled him to return to his own town, a man of independent means. Oldys, in one of his manuscripts, says that “Hamlet” was sold for £5; but he does not mention his authority for the statement. It appears, from a publication of Robert Greene’s, in 1592, the price of a drama was twenty nobles, or about £6 13s. 4d. of current coin.

Small must have been the literary pay of Spenser, Butler, and Otway, since they feared to die for want of the simple necessaries of life. Milton sold “Paradise Lost” for £5 down, to be followed by £15 if a second and third large editions were required. The first edition consisted of 1,500 copies, and in two years 1,300 were sold. The balance was not disposed of until five years later. This powerful poem, when given to the world, met with some adverse criticism. The poet Waller wrote of it thus: “The old, blind schoolmaster, John Milton, hath published a tedious poem on the fall of man; if its length be not considered a merit, it hath no other.” A greater poet than Waller—Dryden—recognised its merits, and said: “Undoubtedly, ‘Paradise Lost’ is one of the greatest, most noble, and most sublime poems which either this age or nation has produced.” Dryden wrote the following epigram referring to Homer, Virgil, and Milton:—

“Three poets—in three distant ages born—
Greece, Italy, and England did adorn;
The first in loftiness of thought surpassed,
The next in majesty, in both the last.
The force of Nature could no further go;
To make a third, she joined the former two.”

Milton’s poem has been praised by the greatest critics, and it is still very much read. It appears in many forms, and the annual sale is extremely large. Routledge’s popular edition sells at the rate of about a couple of thousand a year; and we suppose the sale of other editions is equally great.

Dryden arranged with Jacob Tonson, the famous bookseller and publisher, to write for him 10,000 verses, at sixpence per line. To make up the required number of lines, he threw in the “Epistle to his Cousin,” and his celebrated “Ode to Music.”

Gray only received £40 for the whole of his poems. He presented the copyright of his famous “Elegy Written in a Country Churchyard” to Dodsley, feeling that it was beneath the dignity of a gentleman to make money with his pen. The lucky publisher quite agreed with him, and cleared about a thousand pounds by the publication.

Pope’s translation of “Homer” yielded him about £8,000. He was assisted in the work by William Broome, a scholar who was the author of a volume of verse. John Henley thus refers to the circumstance:—

“Pope came off clean with Homer; but they say,
Broome went before, and kindly swept the way.”

Gay made £1,000 by his “Poems.” He was paid £400 for the “Beggar’s Opera,” and for the second part, “Polly,” £1,000. Rich, the theatrical manager, profited to a far greater extent from the “Beggar’s Opera” than its author. The contemporary jest was that it made Gay rich, and Rich gay.

Dr. Johnson sold the copyright of Goldsmith’s “Vicar of Wakefield” for £60, and he thought that amount fairly represented the value of the work. “The great lexicographer,” as Miss Pinkerton called him, placed no high value on the performance of his friend, but the publisher found in the “Vicar of Wakefield” a gold mine. Goldsmith was paid £21 for “The Traveller.” It was the work that established his reputation. Before it appeared he was regarded as little better than a superior Grub Street hack. Johnson pronounced this the finest poem that had been written since the death of Pope. After having read it to the sister of Sir Joshua Reynolds, she said: “Well, I never more shall think Dr. Goldsmith ugly.” The following are the prices Goldsmith obtained for others of his works:—“English Grammar,” £5; the “History of Rome,” in two volumes, 250 guineas; the “History of England,” in four volumes, £500; the “History of Greece,” £250; and the “History of the Earth and Animated Nature,” in eight volumes, £850. “She stoops to Conquer” yielded between £400 and £500. Five shillings a couplet was paid for “The Deserted Village.”