"The Sewanee Review" was established in 1892 by William Peterfield Trent as a magazine "devoted to reviews of leading books and to papers on such topics of general Theology, Philosophy, History, Political Science, and Literature as require further treatment than they receive in specialist publications." Telfair Hodgson took on the financial risks for the venture; as its managing editor he handled advertising and accounting, freeing Trent to concentrate on the magazine's literary content. Trent remained editor-in-chief of the review until 1900.