The year 1825, so disastrous to many branches of industry and commerce, did not spare the market of literature; and the sudden ruin that fell on so many of the booksellers could scarcely have been expected to leave unscathed one whose career had of necessity connected him deeply and extensively with the pecuniary transactions of that profession.

In a word, almost without one note of premonition, I found myself involved in the sweeping catastrophe of the unhappy time, and called on to meet the demands of creditors upon commercial establishments with which my fortunes had long been bound up, to the extent of no less a sum than one hundred and twenty thousand pounds.
The author having, however rashly, committed his pledges thus largely to the hazards of trading companies, it behoved him, of course, to abide the consequences of his conduct, and, with whatever feelings, he surrendered on the instant every shred of property which he had been accustomed to call his own.

It became vested in the hands of gentlemen whose integrity, prudence, and intelligence were combined with all possible liberality and kindness of disposition, and who readily afforded every assistance towards the execution of plans, in the success of which the author contemplated the possibility of his ultimate extrication, and which were of such a nature that, had assistance of this sort been withheld, he could have had little prospect of carrying them into effect.

Among other resources which occurred was the project of that complete and corrected edition of his Novels and Romances (whose real parentage had of necessity been disclosed at the moment of the commercial convulsions alluded to), which has now advanced with unprecedented favour nearly to its close; but as he purposed also to continue, for the behoof of those to whom he was indebted, the exercise of his pen in the same path of literature, so long as the taste of his countrymen should seem to approve of his efforts, it appeared to him that it would have been an idle piece of affectation to attempt getting up a new incognito, after his original visor had been thus dashed from his brow.

Hence the personal narrative prefixed to the first work of fiction which he put forth after the paternity of the "Waverley Novels" had come to be publicly ascertained; and though many of the particulars originally avowed in that Notice have been unavoidably adverted to in the Prefaces and Notes to some of the preceding volumes of the present collection, it is now reprinted as it stood at the time, because some interest is generally attached to a coin or medal struck on a special occasion, as expressing, perhaps, more faithfully than the same artist could have afterwards conveyed, the feelings of the moment that gave it birth.