Valerie Eliot husband's work "Old Possum's Book of Practical Cats". This became the hit Andrew Lloyd Webber musical "Cats". With her portion of the proceeds Valerie Eliot established "Old Possum's Practical Trust" – a literary registered charity – and funded the T. S. Eliot Prize. In late 2009, the second volume of Eliot's letters was published. The third volume, edited by Valerie Eliot and John Haffenden, followed in July 2012. She donated the £15,000 annual prize money for the T. S. Eliot Prize. Valerie Eliot died on 9 November 2012 at her home in London. Valerie Eliot Esmé Valerie Eliot (née Fletcher;
T. S. Eliot [Eliot] invented, let alone how much of it is a reaction against him or indeed a consequence of misreading him. He is a very penetrating influence, perhaps not unlike the east wind." In his critical essay "Tradition and the Individual Talent", Eliot argues that art must be understood not in a vacuum, but in the context of previous pieces of art. "In a peculiar sense [an artist or poet] ... must inevitably be judged by the standards of the past." This essay was an important influence over the New Criticism by introducing the idea that the value of a work