Jane Austen on money: How new face of £10 note should be remembered

By Dr Rebecca Bullard, Department of English Literature, University Reading

Jane Austen would, I think, have been delighted to feature on the new £10 note. Many of her novels are about the impact of money – and especially the lack of it – on women’s lives.

Her first published works, Sense and Sensibility and Pride and Prejudice, feature families full of daughters struggling under a legal system that keeps all property in the hands of (sometimes distant) male relatives. The famous opening of Pride and Prejudice, of course, tells us that ‘a single man in possession of a good fortune, must be in want of a wife’. Austen’s fourth novel, Emma, turns this observation on its head, with Emma Woodhouse declaring that, ‘A single woman, with a very narrow income, must be a ridiculous, disagreeable old maid!’

Austen never condones this kind of snobbery: Emma comes to regret her unkind behaviour towards the impoverished spinster, Miss Bates, and the protagonist of Mansfield Park, Fanny Price, is dignified in poverty. Nonetheless, it’s difficult to escape the conclusion that marrying well for Austen meant, above all, escaping the financial insecurity of a single life; love is a bonus.

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