John Walsh: Without Aurum's help the award could not go ahead

John Walsh
Wednesday 07 December 2011 01:00 GMT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Alice Oswald is published by Faber & Faber, whose profits were boosted for years by royalties from Cats, Andrew Lloyd Webber's musical version of Old Possum's Book of Practical Cats by TS Eliot. Eliot once worked at Lloyds Bank. Does Ms Oswald not feel sullied by the association with Lord Lloyd-Webber? Or by the evidence of Eliot's Mammon-worship?

She won the TS Eliot Prize in 2002 with her collection Dart, accepting the £10,000 cheque from Eliot's widow, Valerie. The prize is still in Mrs Eliot's gift. It does not issue from the coffers of Aurum Funds, which underwrites the costs of managing the prize and the poetry reading that precedes it. Without Aurum's help, the prize could not go ahead.

The Booker Prize was attacked when its sponsorship was taken on by the Man Group, but no shortlisted writer has pulled out of the £50,000 prize in protest at its fat-cat clients.

Ms Oswald seems reluctant to accept a deal that's standard in sponsorship. A rich company, embarrassed by making obscene amounts of money, offers to help a small literary organisation. Many writers (and poets) feel this is a trade-off worth having. WH Auden greatly approved of the small fortune he made from poetry sponsorship, as he wrote in "On the Circuit": "An airborne instrument I sit,/ Predestined nightly to fulfil/ Columbia-Giesen Management's/ Unfathomable will,//By whose election justified,/ I bring my gospel of the Muse/ To fundamentalists, to nuns,/ to Gentiles and to Jews."

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in