ABSTRACT
The actual facts as to Thackeray’s connection with The Constitutional are almost, if not quite, unknown, and are, at all events, unrecorded. His associations with The National Standard and The Constitutional have often been confused the one with the other, and it has been supposed that his financial ruin was caused by the former, whereas it is clear enough that it was the attempt to rival the old-established daily papers with The Constitutional that impoverished the youthful Thackeray, and consequently enriched our literature with some of its brightest ornaments. The heavy expenditure involved in the production of a journal such as The Constitutional may be gathered from the following contemporary estimate of the profits expected from its publication:
No. 2.
State of Receipts and Disbursements with 1,000 add:
Dr.
Cr.
Weekly expenses = 180 - £9,360
Profit on 1,550 - - £4,024
16
0
Stamps on advtmts increased 1/3 - - - - 1,800
Profits on admts increased 1/3 - - 9,000
0
0
Profit on Ship Gazette- - -
0
0
£11,160
0
0
13,474
16
0
11,160
0
0
£2,314
16
0
