Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1845-02-19

Hng
Which Il from hearts that feel
rhev vbrate o. she tenderest chords,
And only bruise 10 heal
Bring those, and like r'ch music . SVEN
Upon placid lake, ,
Th.y,li sink up ,n the heart and dwell
And grateful thoughts awake
c..prrs EMERSON was tho son ola Mechanic.
When he left school. ha cn,srod tho storo of
morchant ia Fore street. his clerk Bright,
ac,yo and intelligent, he secured the favor OF ms
nastcr and tho good will of those who traded at
,he store For six or years. Charles was
a,ten,iyo to his business and exertcd hmse Tor
be EMPLOYER. Whom he arrived at one and
twonty years Of ago, he camo under an obliga-
,;on to remain with his employer another twelve
month tor specified sum. The year passed and
Young Emerson concluded TO commence business
in his own name. The merchant did not wish to
mart with ono who had been faithful to him for
a series Of years, but as he thought It might be
advantageous to the young man, he encouraged
him to 20 into business for himself. In few
weeks Charles was in his own store. His goods
had boon VOL selected, and purchased low. by
tho assistance Of a few friends, no commenced
business, with good capital, and the prospect
for him appeared to bo excellent. His acquain-
tanccs woro numerous, both III the city and coun-
try. His noble character was appreciated by
All with whom no over had dealings. n few
vears assoc uwny, during which time tho young
merchant prosperod beyond his most sauSunc OK
pectatonS, His business had increased year by
year. & his stock was as large as any merchant $
n tho CITY. No mans credit bct!cr than his.
Amid his prosperity, however, Charles not
unmindful of others lie was always ready to
assist honest young mcn who were striving for 4
livelihood. AMI ho had facilities for bong uso-
full to others. Boing chosen 4 director in ono Of
our banks, he was extremely careful how hc re-
fused small note from Young man. Those he
preferred to tho disconnting paper Tor largo "a
mount from wealthy capitalists. One day some
thing like half a dozon notes were presented ut
his bank for discount. The largest was for four
thou sand dollars, drawn by worry wealthy man.
and tho reniain dcr for small SIMS. ranging
from fifty TO u hundred and fifty dollars. Tho
directors all in favor of taking tho largo note
and refusing the small ones, excepting Emerson
My frnnls," sid h.. ''thn gsntlcmln who
wants tho largo amount can obtain it elsewhere
if we do not discount his note, and of course 1t
will be but little disappointment to hm-wheroas
these young men, all Of whom know personally
or bv reputation. IN Mood of this money 10
carry on tcir business. They havo no friends
to call upon for morcv. and if rofuso it To
them. It may be OF serious Inconvenience. am
IN favor of refusing tho former and dI5counting
The latter notes.
..You know, Mr.. Emcrson.' said ono of tho
board. aud VIC should like to givo his namc bat it
will not DO prudcn, Mir is a wealthy
and it wi" be perfectly safe to trust hiar.
These small fry are not worth looking after. It
Just much trouble to look after fifty dollar.
rs five thousand"
ri rrant. sir, that it will DO moro for our inter
est to rofusc TO accommodate poor Young men, nd
loan all our capital to Il few rich mon; bat AN
in favor Of Accommodating those who arc in necl
Of moray and in small degree help them to ac-
quire property
Tho directors conceded III favor of SkinGint.
telling the cashier TO give reason WY the
small notes were not discounted, tho lack OF
money. or that they did not discount on that ia
Mr.. Emerson madc no further remark Int III
a short t'mc whispered in the Of Tie cashier
''you may draw from my private account money
su lfcicnt to accommoiato all those youu~ mon.
havo boon in situation, when fifty or a hun
drcd dollars of incalcuabc service 10 M. =
Tho cashier did rs he directed by tho NOR.
chant, and evory noto was promptly paid when
due. 1t was in this way that Mr.. Emerson did Il
large amount Of good without having it know, and
set most admirable example to o,hors. The
merchant had boon in business something Ike Il
dozon ycars, and was supposed TO BIO worth from
forty TO fifty thousand dollars. Ilc gavo employ
mont 10 q number of hands. not one OF whom who
did not speak of him in tho best of terms. Bat in
the midst of his prosperity tho land FOYER began t.
rage. Every body was buying land and making
their thousands of dollars day. Mr.. Emerson
stood aloof from tho Specializing mania for Il long
timc, although frequently solicited TO mako pur.
chase. But at last no Yielded and bought largely
!. was too loto. Tho favor began to subsdc and
no was loft with largo trac,s of land on hand
le had paid out many thousand dollars and given
his notes for rs many moro. Tho money he de-
pended upon to meet his demands could not Lc col
lected. Others had suffered and wore not ablc
TO pay thor ust debts. What could be ionol
Must tho merchant fail! There was no help for
II! tic made known his situation to those he ow.
eo' made pam statement of his affairs and Ic
was willing to give up all his property, and com
n'once business again Would they accent his
proposal! Ho wrote them tina, any thing in hi.
possession should DO theirs f they would roovo
hum from his liabilities and give him chance to
commune ms business assuring them that as soon n.
~ snou" % ao'e no would fully make up tho
loss with intercst.-Those who had lo,o tr,ao,
with the merchant knew him too woIl To thinL
nc Mlsehd 10 depriye thnn of ihni- In, d,,os