'Edgar Ray, the originator of a London satirical periodical,
Touchstone, takes care to inform all and sundry that he also was the founder of the Australian comic journals. Without inquiring too rigidly concerning his share in founding
Sydney Punch, it may be safely affirmed, that without Captain Butler's monetary and Fred. Sinnet's literary aid
Melbourne Punch would never have seen light at all. Edgar could never have managed to pilot that humourous venture for any lengthened period, for he had not the capital, commercial or intellectual; but he was adroit and shrewd, and a tactician of no mean order.' (p. 79)