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Jonson.[1] An application for money is, however, not even an affidavit. In his will he appears to have stated that he had not used his wife very well and would make amends;[2] but his private correspondence reveals family affection and a turn for pious sentiment, probably sincere. Neither quality is necessarily inconsistent with unscrupulous methods of business. Whether Henslowe was a good or a bad man seems to me a matter of indifference. He was a capitalist. And my object is to indicate the disadvantages under which a company in the hands of a capitalist lay, in respect of independence and economic stability, as compared with one conducted upon the lines originally laid down by the Burbages for the tenants of the Globe. Not being owners of their own theatre, such a company were liable to eviction, and were drained to a large extent of the profits of their prosperous years. Relying upon their financier to meet in the first instance all extraordinary expenditure, they had no occasion to build up a reserve fund, and constantly tended to drift into debt. Organized upon a legal basis which made an act of association between the members of less importance than individual contracts entered into by sharers and hirelings alike with the capitalist, they were at his mercy if, for purposes of his own, he chose to use his powers under those contracts to bring about their dissolution.[3]

A few figures bearing on the actual profits of playing can be brought together. And first for the 'house'. Henslowe's takings at the Rose, as disclosed by the diary, seem to have averaged about 30s. a day during 1592-7. A short season at Newington Butts brought him in no more than 9s. a day. As the Rose was normally open for about 240 days in the year, his total annual receipts may be estimated at £360. No doubt the cost of upkeep was substantial. The landlord had to find a site, build a house, maintain it in repair, and take out a licence. The ground-rent of the Rose was £7, of the Globe £14 10s., of the Fortune £16. The total rent of the site and building of the Blackfriars was £40. The building of the Fortune in 1600 cost £520, and its rebuilding in 1622 £1,000; the rebuilding of the Globe in 1613 about £1,400; the con-*

  1. Henslowe Papers, 67, 70.
  2. Henslowe, ii. 19.
  3. Similar methods were employed by Henslowe's rival, Francis Langley, at the Swan (q.v.) in 1597. He provided apparel for a company, and was allowed for it out of their 'moytie of the gains for the seuerall standinges in the galleries of the said howse which belonged to them'. Having quarrelled with the company before he was completely reimbursed, he kept the apparel. He took individual bonds to play with him for three years, released some of the company from their bonds, and sued the rest, who could not play without their fellows, for breach of contract.