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The Journal of Sir Walter Scott

Note 141 — 1826.—JANUARY.

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The total liabilities of the three firms amounted in round numbers to nearly half-a-million sterling. Sir Walter, as the partner of Ballantyne and Co., was held responsible for about £130,000;—this large sum was ultimately paid in full by Scott and his representatives. The other two firms paid their creditors about 10 per cent, of the amounts due. It must be kept in mind, however, as far as Constable's house was concerned, that their property appears to have been foolishly sacrificed by forced sales of copyrights and stock.

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