CHAPTER X. THE EDUCATION COMPLETED.

which sold to the public for twopence halfpenny, after paying a stamp-duty of three-halfpence, never had more than half a column of news; it never noticed Parliament, but it had the best foreign intelligence before the French Revolution. The Daily Advertiser lost by its publication, but it gained largely by its advertisements, with which it was crammed full. Shares in it sold by auction at twenty years’ purchase. I recollect my brother Peter saying, that on proposing to a tradesman to take shares in a new paper, he was answered with a sneer and a shake of the head—‘Ah! none of you can touch the Daily!’ It was the paper of business, filled with miscellaneous advertisements, conducted at little expense, very profitable, and taken in by all public-houses, coffee-houses, etc., but by scarcely any private families. It fell in a day by the scheme of Grant, a printer, which made all publicans proprietors of a rival, the Morning Advertiser, the profits going to a publicans’ benefit society; and they, of course, took in their own paper;—an example of the danger of depending on any class. Soon after I joined the Morning Post, in the autumn of 1795, Christie, the auctioneer, left it, on account of its low sale, and left a blank, a ruinous proclamation of decline. But in 1802 he came to me again, praying for readmission. At that time particular newspapers were known to possess particular classes of advertisements: the Morning Post, horses and carriages; the Public Ledger, shipping and sales of