William Shakespeare by S.L. Bensusan — Read

In the foregoing review of the poet's life-work, the progress of his fortunes on the material side has been of necessity overlooked. It would have been confusing to deal with the two interests side by side, and now it is time to look for the signs that mark William Shakespeare's prosperity. We know that he came to London poor and left it comparatively wealthy, and the change of his state has some very definite landmarks. No man passes easily from the duties of an ostler to the position of part proprietor of prosperous theatres, and the first few years of Shakespeare's sojourn in the metropolis bore but little fruit. We know that in those lean times his own purse would have been but ill-lined, and both his father's household and his own were suffering from the pinch of poverty. His wife was forced to borrow money; his father's affairs went steadily from bad to worse. Nor was there in all Stratford any help for a family that had fallen from comparative affluence into the slough of financial troubles.

We may presume, from the scanty evidence which records have left and diligent scholarship has discovered, that the poet himself made no effort to "fling away ambition. " In the early years of his sojourn in London, when visits to Stratford were few and far between and the fear of the Squire of Charlecote may have compelled him to lie very low within the boundaries of Warwickshire, he would have seen or heard of his father's affairs going from bad to worse. The parental honours were stripped off one by one, debts accumulated, duns were incessant in their attendance. To a proud and sensitive man this condition of things must needs have been very galling; but it was not destined to last long. Quite apart from his considerable receipts as a playwright, the poet's earnings as an actor were substantial. The purchasing value of a sovereign in Elizabeth's time would be equal to the value of nearly eight pounds of our money, and Shakespeare's most learned biographers are of opinion that he was a careful and a saving man. Member of a leading company, enjoying the patronage of noblemen and the regard of his Sovereign, frequently summoned to take part in special performances at Court, it is likely that the poet's income as an actor was, within comparatively few years of the start of his career, equal in our modern currency to a sum nearer a thousand than five hundred a year. In later years it was still higher. For revising other men's work his fees would have varied between thirty and forty pounds, modern currency, and for his own plays he may well have averaged twice as much, or even more. The "benefit" system was already in vogue, and a dramatist could command an extra fee if the first-night audience proved very appreciative of his efforts.