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Memoirs of the Life of Sir Walter Scott, Volume 4 (of 10)

Note 33 — Chapter XXVI

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Dear James,—Mr. Constable's advice is, as I have always found it, sound, sensible, and friendly,—and I shall be guided by it. But I have no wealthy friend who would join in security with me to such an extent; and to apply in quarters where I might be refused would insure disclosure. I conclude John has shown Mr. C. the state of the affairs; if not, I would wish him to do so directly. If the proposed accommodation could be granted to the firm on my personally joining in the security, the whole matter would be quite safe, for I have to receive in the course of the winter some large sums from my father's estate.[33] Besides which, I shall certainly be able to go to press in November with a new poem; or, if Mr. Constable's additional security would please the bankers better, I could insure Mr. C. against the possibility of loss, by assigning the copyrights, together with that of the new poem, or even my library, in his relief. In fact, if he looks into the affairs, he will I think see that there is no prospect of any eventual loss to the creditors, though I may be a loser myself. My property here is unincumbered; so is my house in Castle Street; and I have no debts out of my own family, excepting a part of the price of Abbotsford, which I am to retain for four years. So that, literally, I have no claims upon me unless those arising out of this business; and when it is considered that my income is above £2000 a year, even if the printing-office pays nothing, I should hope no one can possibly be a loser by me.

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