Craig Raine

At about the time that he was preparing the final drafts of The Waste Land, T.S. Eliot was preoccupied by a separate, but no less overwhelming question: when to sell his shares in the Hydraulic-Press Brick Company. In October 1922, the month the poem was published in the periodical he edited, the Criterion, Eliot wrote to his brother, Henry: ‘For myself, the important point is that Hydraulic should rise and give me an opportunity to sell when Sterling is low: it looks as if Sterling might fall a few points before very long. Do you think that Hydraulic will continue to pay dividends for the next year or so?’

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