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On this day in 1667 John Milton's Paradise Lost was registered for publication by printer Samuel Simmons. Milton's agreement with Simmons -- five pounds at signing, another five for each 1,500 copies sold on a first edition of 4,500 -- is the earliest known author's contract. At this point, the fifty-eight-year-old Milton had been totally blind for fifteen years, probably from glaucoma. His habit during the decade it took to write Paradise Lost was to compose at night and then present himself each morning to a scribe -- a nephew, daughter, or secretary -- to be, as he put it, "milked."
http://bnreview.barnesandnoble.com/t5/Daybook/The-Modern-Milton/ba-p/8683

Date: 2012-08-20 11:17 pm (UTC)
From: [identity profile] sirreal13.livejournal.com
Five poounds MEANT something back in those days. Back then, one British pound sterling was worth TWENTY SHILLINGS!!!!!!


Actually, in 2010, the relative value of £1 from 1667 ranges from £133.00 to £19,400.00.

Source: http://www.measuringworth.com/ukcompare

Wow

Date: 2012-08-21 12:22 am (UTC)
From: [identity profile] likethebeer.livejournal.com
That's quite a payment.

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