who had made a fortune in mining in Australia and by floating the Midas Mine Company on the London Stock Exchange. She bought the paper to promote her new company, The British and Australasian Mining Investment Company, and as a gift to her lover Phil Robinson. Robinson was installed as editor and the two were later married in 1894.

In 1893 Cornwell sold the paper to Frederick Beer, who already owned The Observer. Beer appointed his wife, Rachel Sassoon Beer,