Over the course of the next twenty years Lloyd published a plethora of works, including The Pickwick Posthumous Papers, which became commonly known as The Penny Pickwick (1837â39); the Penny Sunday Times and Peopleâs Police Gazette (1840â50); Lloydâs Penny Weekly Miscellany (1843â46); and, of course, his infamous âpenny dreadfulsâ or âpenny bloodsâ. These works incorporated a range of literary styles, with influences as diverse as Thomas Hood, Charles Dickens and John Cleave, but they retailed for one penny each â an important factor that was emphasised in their titles. This purchase price remained constant throughout Lloydâs career (although he raised the price of his Sunday paper between 1842 and 1855 to cover the costly stamp duty).
These pennies are the defining feature of Lloydâs career: he carved out a position in the market precisely by appealing to readers who could afford (if only by living beyond their means) a penny per week in disposable income, he utilised the advantages of cheap production and distribution methods, he challenged the contentious âtaxes on knowledgeâ and those pennies soon proved to be as lucrative as pounds. By examining the inner workings of Lloydâs business, we learn a lot about his openness to innovation. The way in which he responded to the challenges of popular publishing, with both his and his readersâ purses in mind, ultimately paved the way for a new truly mass-market periodical.
Lloydâs publications were aimed primarily at a working- and lower-middle-class audience. Perhaps best understood as âworkersâ (as Louis James has categorised them), this was a group of people who readily understood the need to keep on top of the balance sheet.2 As Lloydâs manager famously told the journalist Thomas Frost,
our publications circulate amongst a class so different in education and social position to the reader of three-volume novels, that we sometimes distrust our own judgement, and place the manuscript in the hands of an illiterate person â a servant or machine-boy, for instance.3
There is some evidence of pomp and ceremony here. A working-class lad made good, Lloyd might have sought to group himself among the readers of Sir Walter Scott â many of whom had cultural aspirations beyond their means. But, crucially, he wished to address his publications to readers who did not. In comparison to Scottâs great tomes, which reached 31s. 6d. for Kenilworth in 1821, Lloydâs literature seems cheap at a fraction of the price. But what demands was Lloyd making on his readers? What did the penny equate to in terms of wages and costs? Was his literature actually in comfortable reach of the âservant or machine-boyâ? And what must they sacrifice for their weekly dose of titillation?
Exact figures about the take-home pay of workers in this period are hard to come by, but it was a bleak situation. As one might expect, much of the countryâs wealth was in the hands of the few. Taking a census of almost ten million people in the mid-century (approximately half of the population), the statistician Dudley Baxter calculated that 96% of the population were working or lower-middle class, by which he meant that they earned less than ÂŁ300 per annum.4 This is shocking, but the truth of the matter is even more severe. In his groundbreaking The English Common Reader, Richard Altick outlined that âa family was thought to be ârespectableâ if it had a weekly income of 48s. or roughly ÂŁ125 a yearâ.5 In 1850, he explained, there were just 110,000 families with an annual income over ÂŁ150 and those wages were incremental.6 He records that âof these, by far the greater portion belonged to the middle or lower-middle class: 39,500 families reported a taxable income of ÂŁ150-ÂŁ200, 29,400 an income of ÂŁ200-ÂŁ300, and 14,400 an income of ÂŁ300-ÂŁ400â.7 By Altickâs calculations, less than 0.001% of the country earned more than ÂŁ300 per year.
By choosing to focus on readers at the bottom end of the social scale, Lloyd had secured a sizeable audience for his works. But the buying power of a readership is entirely dependent on its level of disposable income and for Lloydâs readers that was extremely limited. In Wages and Earnings of the Working Classes, Leone Levi calculated that the average male worker earned 19s. a week in this period, while the average woman earned just 11s.8 This âaverage workerâ was an unskilled or manual labourer with a low-paid, but high-intensity role. By contrast, Altick tells us that âa skilled London worker in the thirties earned 30s. or 33s. a weekâ.9 Both unskilled and skilled workers â at approximately ÂŁ50 and ÂŁ80 per annum, respectively â were a long way from ârespectableâ.
Reading material was a frivolity and in the first instance these wages had to be offset against the cost of household essentials. The diet of the working man serves as a good case in point. If we take Anthony S. Wohlâs assertion that the âaverage national weekly food basketâ for the working man consisted of âbutter, bread, tea, milk and meatâ, then we soon see that these weekly shillings did not go far.10 The price of these staple items varied according to locale but for the London worker, who made up the bulk of Lloydâs readership, costs could be extortionate.11 R. M. Hartwell records that the price of the âLondon four lb. loaf fluctuated from 6.8d. to 11.5d. between 1820 and 1850â, while we know from the records of the Lord Stewardâs Department (recounted in Sir William Beveridgeâs exhaustive Prices and Wages in England) that butter cost 17s. per pound and the price of milk reached a whopping 6s. per quart (two pints) in 1830 â figures that were, understandably, higher in urban areas.12 Meat ranged from 1d. for offal or 4d. for cheap cuts to 8d. for a pound of bacon or 9d. for a small joint, while cheap tea cost 3s. 4d. a pound (including duty) in the mid-century.13
These costs put a terrific strain on workers. Wohl asserts that âroughly 60 per cent of the working-class income was spent on food at the turn of the centuryâ, while Altick argues that âexcept for certain favored groups of skilled artisans, especially in London, industrial workers, the victims of a glutted labor market, lived constantly on the edge of starvationâ.14 This says nothing of the other essential costs incurred by the average worker: rent, taxes, transport and fuel to name but a few. Most British workers lived hand to mouth. If they had any money to spare, it was a matter of pence rather than shillings. In order to follow the latest literary trends, workers had to go without other luxuries; and there were plenty to choose from.
If we put essential costs aside, there was much to tempt the worker to loosen their purse strings. Literature was far from the only amusement on offer. Simon Eliot reminds us that
the Victorian period was one in which a whole host of new pastimes and entertainments became available to a much larger section of society: day trips (on new railways), tourism, theatres, music halls, concerts, pubs, pleasure gardens [âŚ] in choosing to buy and read a book you were in practice giving up some of these alternative pleasures.15
As Rosalind Crone chronicled in Violent Victorians, the spread and consumption of cheap amusements (particularly of a violent nature) grew tenfold in the nineteenth century.16 From Madame Tussaudâs and Punch and Judy shows to the penny gaff theatre, there was no shortage of material to amuse the tired workman. Publishers, curators, dramaturges and street performers alike were all vying for their share of these hard-earned pennies.
Other entertainers had the distinct advantage that their income was not dependent on the ability to read. In the absence of a standardised education system, which was not introduced until the Elementary Education Act of 1870, literacy was far from universal. W. B. Stephens has calculated that the national rate stood at just 58% in 1840.17 The ability to read, however, was more widespread than this suggests. A common complaint about literacy statistics of this time is that they are invariably based on the number of signatories on a marriage register. This comes with its limitations. Literacy is understood to be the ability to both read and write â and the marriage register provides evidence of both â but reading and writing were taught as separate skills in the first half of the nineteenth century. David Vincent explains that âreading was seen as integral to the process of religious instructionâ while âwriting was associated with the manual arts, which only those children destined for particular occupations needed to masterâ.18 In reality, R. K. Webb argues that there was âa proportion of two to one or three to two for the ability to read and the ability to writeâ.19 From this he calculates that between 67% and 75% of the working class were l...