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152 little part in the work of the firm. His inclusion was, even at the moment, rather unaccountable. There had been talk of asking others to join, and the matter seems to have been hurried through at the end owing to Morris's excitement and eagerness to get to work. Mr. Arthur Hughes had actually been included as a member, and his name appears in the first prospectus issued by the new firm, but he withdrew from it before it was formally registered. "I was living far off in the country," Mr. Hughes tells me, "while the others were in town, and attending the meetings was inconvenient for me, and also I rather despaired of its establishment, and I wrote asking to be let go. Curiously, my letter was crossed by one from Morris asking me to make a design for a portion of a window, and another for a piece of jewel work. I did the drawing for the window, and it remains my only contribution."

With the formation, in April, 1861, of the firm of Morris, Marshall, Faulkner & Co., the old Oxford Brotherhood, with its ideas of common life and united action, finally fell asunder. The outer fringe of that company had already passed into circles and interests of their own. Fulford and Dixon had taken Orders; Macdonald had gone to America. Price, the only other member of the inner circle, had, at the end of 1860, accepted an appointment in Russia, which took him away from England for three years. Morris, Burne-Jones, and Faulkner were actually in a minority on the new association. The Round Table was dissolved indeed.

Seldom has a business been begun on a smaller capital. Each of the members held one share, and on the 11th of April the finance of the company began with a call of ₤1 per share. On this, and on an unsecured loan of ₤100 from Mrs. Morris of Leyton,