Wisconsin herald, and Grant County advertiser. [volume] (Lancaster, Wis.) 1844-1845, 1845-04-19
VOL..1If.


that Mr. is wealthy an,and
lit will be perfectly safe to trust him.
These small fry are not worth looking
after. Its just as much trouble to
look after fifty dollars as five thousand
q grant, sir, that it will be more for
Four interest to refuse to accommodate
7 poor young men and loan all our cap
/ ital to a few rich men; but am in ia
vor of accommodating those who are in
need Of money and in a small degree
help them TO acquire property
The directors conceded in favor of
Skinilint, telling the cashier to give as
reason why the small notes were not
discounted, the lack of money, or that
they did not discount on that day.
Mr.. Emerson made no further re-
mark, but in short time whispered in
the ear ofthe cashier-'you may draw
from my private account money sufii-
Gent to accommodate all these young
men. have been in situation,w when
| fifty or hundred dollars were of in
CdICuldUie ScINlCc W lIC'
The cashier did as lie was directed
by the merchant, and every note was
promptly paid when due. 1t was in
this way that Mr.. Emerson did large
amount Of good without having it
known, and set most admirable OK
ample to others. The merchant had
been in business something like doz-
en- years, and was supposed 10 be worth
from forty to fifty thousand dollars
He gave employment TO number of
hands, not one of whom who did not
speak of him in the best terms. But
in the midst of his prosperity the land
fever began to rage. Every body was
buying land and making,thcir thousands
Of dollars day. Mr.. Emerson stood
aloof from the specializing mania for a
long time, although frequently solicited
to make purchase. But at last he
yielded and bought largely. II was
too late. The fever began to subsidc
and he was lett with large tracts of
land on hand. He had paid out many
thousand dollars, and given his notes
for many more. The money he de-
pended upon to meet his demands
could not be collected. Others had
suffered and were not able to pay their
Just debts. What could be done?
Must the merchant fail? There was
no help for it. He made known his
situation to those he owed; made a
plain statement of his affairs, and he
was willing to give up all his property
and commence business again. Would
they accept his proposal! He
wrote them that anything in his pos
session should be theirs if they would
relieve him from his liabilities and give
him chance to continue his business,
assuring them that as soon as he should
be able he would fully make up the
loss with interest. Those who had
long traded with the merchant knew
him too well to think he wished to de-
prize them of their Just dhcs. They
felt for his peculiar situation and came
forward manfully--with but a single
J IlIIIl.
But one exception, we said-and
who was he; The very same creditor in
the bank who refused to loan money in
small amounts to young men. lie
went to Emerson, after he heard of his
misfortunes, and requested an immedi-
ate payment of what was due him.
/ y cannot pay you now, Mr.. -
said Charles, but as soon as can get
through my affairs, and see a possible
fway TO morc, you shall tsspaid in full
this yOn may rely eponIssc
ssSuts i o4, can pay, me now
Il cannet sir. 1t would afford me
1 great deal 6f pleasure tSdo it, but it
! ; utterly Out of ny Power, without
N sssasif5p sac T Y my proper
.wYss1te dfidyou giiveSmf your note
'oes, nf youatd ps expect to pay it, /
always pay, my notes. soo
But oRsehaes you 'bayc; never met
with asy losses HadHy note been
fpfeahtedt.ikt ttfttns ago, it would have
been paid within an hour
j shall not be put of. If you do
not settle that note by tomorrow night.
you will be put to trouble. shall not
be treated in this way
;, ..:Sir. cannot pay by that time,
whatever course you may tpink proper
to take
Tho world is foil Of scoundrels,' said
the fellow as he went from his shop,