'These are Terrible Times': New Evidence of the Publishers' Crash of 1826 in the Unpublished Correspondence of William Blackwood and Alexander Blackwood.

The article focuses on the Publishers' Crash of 1826, a financial disaster in Britain that devastated major booksellers and publishers in England and Scotland, including Archibald Constable and Company, Hurst, Robinson and Company, Thomas Cadell the Younger, and James Ballantyne. This collapse was l...

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Publicado en:Notes & Queries Vol. 72; no. 4; pp. 382 - 388
Autor principal: Montluzin, Emily Lorraine De
Formato: Artículo
Publicado: Oxford University Press / USA Dec2025
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: 'These are Terrible Times': New Evidence of the Publishers' Crash of 1826 in the Unpublished Correspondence of William Blackwood and Alexander Blackwood.
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        affil: Francis Marion University, USA
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        Publishing
        Financial crises
        Scott, Walter, Sir, 1771-1832
        Book industry
        Debt
        Scotland
        United Kingdom
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          Scotland
          United Kingdom
          Publishing
          Financial crises
          Scott, Walter, Sir, 1771-1832
          Book industry
          Debt
      ab: The article focuses on the Publishers' Crash of 1826, a financial disaster in Britain that devastated major booksellers and publishers in England and Scotland, including Archibald Constable and Company, Hurst, Robinson and Company, Thomas Cadell the Younger, and James Ballantyne. This collapse was linked to the broader Bank Crisis of 1825 and notably implicated Sir Walter Scott, who had guaranteed large unsecured debts of these firms. The article draws on previously unpublished correspondence between William Blackwood, founder of Blackwood's Edinburgh Magazine, and his son Alexander, who was working in London, providing a detailed, contemporaneous account of the crash’s unfolding and its impact on the publishing industry. The letters reveal the financial turmoil, the involvement of key figures, and the strategic responses of surviving publishers like Blackwood’s firm. This correspondence offers valuable insight into the crisis from the perspective of insiders navigating the collapse.
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    language: English
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