'The profits will then stand thus:--
'Mr. Cadell, who runs no hazard, and gives no credit, will be paid for warehouse room and attendance by a shilling profit on each book, and his chance of the quarterly-book.
'Mr. Dilly, who buys the book for fifteen shillings, and who will expect the quarterly-book if he takes five and twenty, will send it to his country customer at sixteen and six, by which, at the hazard of loss, and the certainty of long credit, he gains the regular profit of ten per cent, which is expected in the wholesale trade.
'The country bookseller, buying at sixteen and sixpence, and commonly trusting a considerable time, gains but three and sixpence, and if he trusts a year, not much more than two and sixpence; otherwise than as he may, perhaps, take as long credit as he gives.
'With less profit than this, and more you see he cannot have, the country bookseller cannot live; for his receipts are small, and his debts sometimes bad.
'Thus, dear Sir, I have been incited by Dr. ----'s letter to give you a detail of the circulation of books, which, perhaps, every man has not had opportunity of knowing; and which those who know it, do not, perhaps, always distinctly consider.
'I am, &c. 'SAM. JOHNSON[1255].'
'March 12, 1776.'
Having arrived in London late on Friday, the 15th of March, I hastened next morning to wait on Dr. Johnson, at his house; but found he was removed from Johnson's-court, No. 7, to Boltcourt, No. 8[1256], still keeping to his favourite Fleet-street. My reflection at the time upon this change as marked in my Journal, is as follows: 'I felt a foolish regret that he had left a court which bore his name[1257]; but it was not foolish to be affected with some tenderness of regard for a place in which I had seen him a great deal, from whence I had often issued a better and a happier man than when I went in, and which had often appeared to my imagination while I trod its pavements, in the solemn darkness of the night, to be sacred to wisdom and piety[1258].' Being informed that he was at Mr. Thrale's, in the Borough, I hastened thither, and found Mrs. Thrale and him at breakfast. I was kindly welcomed. In a moment he was in a full glow of conversation, and I felt myself elevated as if brought into another state of being. Mrs. Thrale and I looked to each other while he talked, and our looks expressed our congenial admiration and affection for him. I shall ever recollect this scene with great pleasure. I exclaimed to her, 'I am now, intellectually, Hermippus redivivus, I am quite restored by him, by transfusion of mind[1259]!' 'There are many (she replied) who admire and respect Mr. Johnson; but you and I love him.'
He seemed very happy in the near prospect of going to Italy with Mr. and Mrs. Thrale. 'But, (said he,) before leaving England I am to take a jaunt to Oxford, Birmingham, my native city Lichfield, and my old friend, Dr. Taylor's, at Ashbourn, in Derbyshire. I shall go in a few days, and you, Boswell, shall go with me.' I was ready to accompany him; being willing even to leave London to have the pleasure of his conversation.
I mentioned with much regret the extravagance of the representative of a great family in Scotland, by which there was danger of its being ruined; and as Johnson respected it for its antiquity, he joined with me in thinking it would be happy if this person should die. Mrs. Thrale seemed shocked at this, as feudal barbarity; and said, 'I do not understand this preference of the estate to its owner; of the land to the man who walks upon that land.' JOHNSON. 'Nay, Madam, it is not a preference of the land to its owner, it is the preference of a family to an individual. Here is an establishment in a country, which is of importance for ages, not only to the chief but to his people; an establishment which extends upwards and downwards; that this should be destroyed by one idle fellow is a sad thing.'
He said, 'Entails[1260] are good, because it is good to preserve in a country, serieses of men, to whom the people are accustomed to look up as to their leaders. But I am for leaving a quantity of land in commerce, to excite industry, and keep money in the country; for if no land were to be bought in the country, there would be no encouragement to acquire wealth, because a family could not be founded there; or if it were acquired, it must be carried away to another country where land may be bought. And although the land in every country will remain the same, and be as fertile where there is no money, as where there is, yet all that portion of the happiness of civil life, which is produced by money circulating in a country, would be lost.' BOSWELL. 'Then, Sir, would it be for the advantage of a country that all its lands were sold at once?' JOHNSON. 'So far, Sir, as money produces good, it would be an advantage; for, then that country would have as much money circulating in it as it is worth. But to be sure this would be counterbalanced by disadvantages attending a total change of proprietors.'
I expressed my opinion that the power of entailing should be limited thus: 'That there should be one third, or perhaps one half of the land of a country kept free for commerce; that the proportion allowed to be entailed, should be parcelled out so that no family could entail above a certain quantity.