Note 19 — POVERTY OF THE LEARNED.

This melancholy event happened in 1788, fifteen years after the original projector of the Literary Fund, Mr. David Williams, had endeavoured to establish it. It appears that Mr. Floyer Sydenham was arrested "for a small debt; he never spoke after being arrested, and sunk under the pressure of his calamity." This is the published record of the event by the officers of the present fund; and these simple words are sufficiently indicative of the harrowing nature of the catastrophe; it was strongly felt that Mr. Williams' hopeful plan of preventing a second act so fatal should be encouraged. A small literary club took the initiative, and subscribed a few guineas to pay for such advertisements as were necessary to keep the intended objects of the founder before the public, and solicit its aid. Two years afterwards a committee was formed; another two years saw it take position among the established institutions of the country. In 1818 it obtained a royal charter. In its career it has relieved upwards of 1300 applicants, and devoted to that purpose 47,725l.