On the 12th of June, 1750, Gray wrote to his friend, Horace Walpole,--"Having put an end to a thing whose beginning you have seen long ago, I immediately send it to you. You will, I hope, look upon it in the light of a thing with an end to it: a merit that most of my writings have wanted, and are like to want." Walpole was naturally delighted with the poem--so delighted, in fact, that he handed it about from friend to friend and even made manuscript copies of it. This caused some embarrassment to the poet. In February, 1751, he was annoyed to find that the publisher of the _Magazine of Magazines_ was actually printing his _Elegy_ in his periodical. So Gray immediately wrote to Walpole: "As I am not at all disposed to be either so indulgent or so correspondent as they desire, I have but one bad way to escape the honor they would inflict upon me: and therefore am obliged to desire you would make Dodsley print it immediately (which may be done in less than a week's time) from your copy, but without my name, in what form is most convenient for him, but on his best paper and character; he must correct the press himself, and print it without any interval between the stanzas, because the sense is in some places continued without them." On the 16th of February, only five days after this letter was received, _An Elegy wrote in a Country Church-yard_ appeared as a large quarto pamphlet, anonymous, price sixpence.
From the very first it achieved great popularity. Magazine after magazine published it without giving the author any compensation. Gray was soon hit upon as the author. Unfortunately, the success of the poem gave no increased income to the poet. Dodsley, the publisher, is said to have made about a thousand pounds from the various poems of Gray, but Gray had the impractical idea that it was not dignified for a poet to make money from poetry.
In view of this lack of compensation for his poetic writings, it is very gratifying to know that during the latter days of his life Gray enjoyed the emolument arising from his holding the chair of Modern Literature and Modern Languages at Cambridge. This paid him 400 pounds a year, and did not require much work, as the office was a sinecure.