The publication of such works as Hollingshed's "Chronicles," North's "Plutarch's Lives," Grimston's "History of France," and "The French Academy," could not have been produced with profit as the object. A large body of evidence may be brought forward to support this view, but space will only permit two examples to be here set forth.

In the dedication to Sir William Cecil, of Hollingshed's "Chronicles," 1587, the writer says:

Yet when the volume grew so great as they that were to defraie the charges for the impression were not willing to go through with the whole, they resolved first to publish the histories of England, Scotland, and Ireland with their descriptions.

John Dee spent most of the year 1576 in writing a series of volumes to be entitled "General and Rare Memorials pertayning to the perfect Art of Navigation." In 1577 the first volume was ready for the press. In June he had to borrow £40 from one friend, £20 from another, and £27 upon "the chayn of gold." In the following August John Day commenced printing it at his press in Aldersgate. The title was "The British Monarchy or Hexameron Brytannicum," and the edition consisted of 100 copies.

The second volume, "The British Complement," was ready in the following December. It was never published. Dee states in his Diary that the printing would cost many hundreds of pounds, as it contained tables and figures, and he must first have "a comfortable and sufficient opportunity or supply thereto." This he was unable to procure, so the book remained in manuscript.[31]

Books of this class were never produced with the object of making profit. The proceeds of sale would not cover the cost of printing and publishing, without any provision for the remuneration of the translator or author. Why were they published, and how was the cost provided?

There was, however, another source of revenue open to the author of a book. Henry Peacham, in "The Truth of our Time," says:—

"But then you may say, the Dedication will bee worth a great matter, either in present reward of money, or preferment by your Patrones Letter, or other means. And for this purpose you prefixe a learned and as Panegyricall Epistle as can," etc.

It is beyond question that an author usually obtained a considerable contribution towards the cost of the production of a book from the person to whom the dedication was addressed. A number of books published during the period from 1576 to 1598 are dedicated to the Queen, to the Earl of Leicester, and to Lord Burghley. One can only offer a suggestion on this point which may or may not be correct. If Francis Bacon was concerned in the issue of these translations and other works, and Burghley was assisting him financially, it is probable that Burghley would procure grants from the Queen in respect of books which were dedicated to her, and would provide funds towards the cost of such books as were dedicated to himself. "The Arte of English Poesie" was written with the intention that it should be dedicated to the Queen, but there was a change in the plans, and Burghley's name was substituted. When Bacon, in 1591, is threatening to become "a sorry bookmaker," he describes Burghley as the second founder of his poor estate, and uses the expression, "If your Lordship will not carry me on," which can only mean that as to the matter which is the subject of the letter, Burghley had not merely been assisting but carrying him. The evidence which exists is strong enough to warrant putting forward this theory as to the frequency of the names of the Queen and Burghley on the dedications.

The Earl of Leicester desired to have the reputation of being a patron of the arts, and was willing to pay for advertisement. He was the Chancellor of Oxford University, and evidently recognised the value of printing, for in 1585 he erected, at his own expense, a new printing press for the use of the University. If he paid at all for dedications he would pay liberally. But, of course, the Queen, Burghley, and Leicester were accessible to others besides Bacon, and the argument goes no further than that towards the production of certain books upon which their names appear the patrons provided part of the cost. The recognition of this fact, however, does not detract from the importance of the expressions used by Bacon in his letter to Burghley.