_This Edition is limited to 300 copies printed from type on Japan Vellum, and the type distributed._ This hitherto unpublished essay was written by Max Beerbohm for the first number of _The Yellow Book_, but it was held over to make way for his famous _Defence of Cosmetics_, which duly appeared in April, 1894. Whether this change was made because of the impending Wilde scandal it is, of course impossible to say with certainty, but the probabilities favour this explanation. The Wilde case did not come to the ears of the general public until the spring of 1895, just one year after the founding of _The Yellow Book_, but literary London was aware of what was happening long before that date, and…
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