Note 145 — Chapter LIV
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In some preceding narratives of Sir Walter Scott's Life, I find the principal feature for 1821 to be an affair of which I have as yet said nothing; and which, notwithstanding the examples I have before me, I must be excused for treating on a scale commensurate with his real share and interest therein. I allude to an unfortunate newspaper, by name The Beacon, which began to be published in Edinburgh in January, 1821, and was abruptly discontinued in the August of the same year. It originated in the alarm with which the Edinburgh Tories contemplated the progress of Radical doctrines during the agitation of the Queen's business in 1820—and the want of any adequate counteraction on the part of the Ministerial newspapers in the north. James Ballantyne had on that occasion swerved from his banner—and by so doing given not a little offence to Scott. He approved, therefore, of the project of a new Weekly Journal, to be conducted by some steadier hand;[145] and when it was proposed to raise the requisite capital for the speculation by private subscription, expressed his willingness to contribute whatever sum should be named by other gentlemen of his standing. This was accepted of course; but every part of the advice with which the only man in the whole conclave that understood a jot about such things coupled his tender of alliance, was departed from in practice. No experienced and responsible editor of the sort he pointed out as indispensable was secured; the violence of disaffected spleen was encountered by a vein of satire which seemed more fierce than frolicsome; the Law Officers of the Crown, whom he had most strenuously cautioned against any participation in the concern, were rash enough to commit themselves in it; the subscribers, like true Scotchmen, in place of paying down their money, and thinking no more of that part of the matter, chose to put their names to a bond of security on which the sum-total was to be advanced by bankers; and thus, by their own over-caution as to a few pounds, laid the foundation for a long train of humiliating distresses and disgraces; and finally, when the rude drollery of the young hot bloods to whom they had entrusted the editorship of their paper, produced its natural consequences, and the ferment of Whig indignation began to boil over upon the dignified patrons of what was denounced as a systematic scheme of calumny and defamation—these seniors shrunk from the dilemma as rashly as they had plunged into it, and instead of compelling the juvenile allies to adopt a more prudent course, and gradually give the journal a tone worthy of open approbation, they, at the first blush of personal difficulty, left their instruments in the lurch, and, without even consulting Scott, ordered the Beacon to be extinguished at an hour's notice.