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40 THIS DIFFICULT INDIVIDUAL Federal Reserve Act, Ezra Pound, Congressman Charles Lindbergh, and many other Americans criticized it as too great a concentration of credit. One of Pound's London enthusiasts, Miss May Sinclair, had made the publication of "The Ballad of the Goodly Fere" possible by introducing its author to Ford Madox Hueffer, editor of The English Review. Soon Pound was spending much of his time in the offices of the Review with the genial Hueffer. The magazine had been launched in December, 1908, shortly after Pound's arrival in London, by a group of writers incensed because Thomas Hardy had been unable to get one of his poems published in the established magazines. This melancholy work, "A Sunday Morning Tragedy", is not a very exciting poem, and, no doubt, Hueffer had been planning such a venture for months, without a sufficient excuse to rally his supporters. His helpmate, Violet Hunt, has described the fevered manner in which Hueffer planned the new periodical. He summoned his friends to all-night meetings, and the details of the venture were worked out as though they were plotting a political conspiracy. Then, as now, the main problem of a would-be editor was to finance the publication. Hueffer's friend, Arthur Marwood, agreed to put up some of the money. For the remainder of the needed sum, says Violet Hunt, Hueffer approached the various branches of his family on the Continent, the German Hueffers, the Dutch Hueffers, and the French Hueffers. Hermann Hueffer, a prominent banker in Paris, who had secured the Duke de Tancourville as a suitable husband for his daughter, agreed to support the Review. The initial issue of December, 1908, boasted the names of Thomas Hardy, Joseph Conrad, Henry James, John Galsworthy, Count Tolstoi, and H. G. Wells as contributors. It is doubtful if any single copy of a literary periodical has ever contained so much new work by such an array of world-famous writers. Hueffer was able to call upon them because he was their intimate friend. His father, Franz Hueffer, had come from Germany to edit the Tauchnitz edition of Dante Gabriel Rossetti's poems. He fell in love with, and married, the daughter of Ford Madox Brown, an artist whose home was the meeting-place for the pre-

EZRA POUND 41 Raphaelites. The young Hueffer grew up as a familiar of the bestknown writers and artists of England. At the age of sixteen, Hueffer published his first book, The Brown Owl (1892). A gregarious fellow, he spent much of his time in the company of other writers, chatting about his favorite subjects, wine and food. Despite the splendor of these names, the new magazine failed to pay its way, possibly because of inadequate "promotion" on the part of its publisher and editor. The backers grew uneasy, for Hueffer had painted a glowing picture of the profits that would soon be forthcoming. In all sincerity, he had devised elaborate charts for the division of the enormous dividends that would be paid by the Review. Not only were there no profits, but the backers were called upon to advance more money, for each new issue of the magazine increased its debts. The backers refused to put up any more money, leaving Hueffer with the choice of paying the deficits himself or giving up the enterprise. Despite the fact that he had no private fortune, and was dependent upon the income from his own writing as his only source of livelihood, he poured his savings into the breach. Within a few months after the first issue, he wrote to Arnold Bennett that the Review was costing him three hundred pounds per month out of his own pocket. Violet Hunt estimates that the net loss was about one hundred pounds per month, which was probably the sum that Hueffer was contributing, but since Hueffer was serving without salary, he may have included this sum in the larger figure. Violet Hunt made frantic efforts to save the Review, approaching many of her acquaintances in London for contributions. She tried to find a purchaser who would merely subsidize it, and allow Hueffer to continue as editor. Willa Cather was then in London, and Miss Hunt suggested that Miss Cather's publisher, S. S. Mc­ Clure, who was at that time the giant of the publishing world in America, might wish to buy the magazine as an English outlet. Mr. McClure was not interested. At last, Miss Hunt snared one of the wealthiest men in England, Lord Alfred Mond, head of the mushrooming chemical trust, Imperial Chemical Industries. Lord Mond was at once interested

40 THIS DIFFICULT INDIVIDUAL<br />

Federal Reserve Act, Ezra Pound, Congressman Charles Lindbergh,<br />

and many other Americans criticized it as too great a concentration<br />

of credit.<br />

One of Pound's London enthusiasts, Miss May Sinclair, had<br />

made the publication of "The Ballad of the Goodly Fere" possible<br />

by introducing its author to Ford Madox Hueffer, editor of The<br />

English Review. Soon Pound was spending much of his time in<br />

the offices of the Review with the genial Hueffer.<br />

The magazine had been launched in December, 1908, shortly<br />

after Pound's arrival in London, by a group of writers incensed<br />

because Thomas Hardy had been unable to get one of his poems<br />

published in the established magazines. This melancholy work, "A<br />

Sunday Morning Tragedy", is not a very exciting poem, and, no<br />

doubt, Hueffer had been planning such a venture for months, without<br />

a sufficient excuse to rally his supporters. His helpmate, Violet<br />

Hunt, has described the fevered manner in which Hueffer planned<br />

the new periodical. He summoned his friends to all-night meetings,<br />

and the details of the venture were worked out as though they were<br />

plotting a political conspiracy.<br />

Then, as now, the main problem of a would-be editor was to<br />

finance the publication. Hueffer's friend, Arthur Marwood, agreed<br />

to put up some of the money. For the remainder of the needed<br />

sum, says Violet Hunt, Hueffer approached the various branches<br />

of his family on the Continent, the German Hueffers, the Dutch<br />

Hueffers, and the French Hueffers. Hermann Hueffer, a prominent<br />

banker in Paris, who had secured the Duke de Tancourville as a<br />

suitable husband for his daughter, agreed to support the Review.<br />

The initial issue of December, 1908, boasted the names of Thomas<br />

Hardy, Joseph Conrad, Henry James, John Galsworthy, Count<br />

Tolstoi, and H. G. Wells as contributors. It is doubtful if any single<br />

copy of a literary periodical has ever contained so much new work<br />

by such an array of world-famous writers.<br />

Hueffer was able to call upon them because he was their intimate<br />

friend. His father, Franz Hueffer, had come from Germany<br />

to edit the Tauchnitz edition of Dante Gabriel Rossetti's poems.<br />

He fell in love with, and married, the daughter of Ford Madox<br />

Brown, an artist whose home was the meeting-place for the pre-

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