Difference
A statement of the condition of Oscar Wilde’s finances, which has just been issued, shows his liabilities to be £3,591 with no available assets. His insolvency is ascribed by him to the failure of his action for libel against the Marquis of Queensberry, who is now a petitioning creditor seeking the payment of the costs of his defence, which the Court ordered Wilde to pay. Wilde’s income has averaged £2,000 a year, chiefly derived from his literary and dramatic work. He has been in insolvency two years, his expenditure having greatly exceeded his income.
London. August 22.- A statement of the condition of Oscar Wilde's finances which has just been issued shows his liabilities to be £3,591, with no available assets. His insolvency is ascribed by him to the failure of his action for libel against the Marquis of Queensberry who is now a petitioning creditor seeking the payment of costs of his defence, which the court ordered Wilde to pay. Wilde's income has averaged £2,000 ($10,000) a year chiefly derived from his literary and dramatic work. He has been insolvent two years, his expenditures having greatly exceeded his income.