The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1848-03-08

70 stasd Up brzsely beside = man IN ihe
babe % lie.
.ldnni know" returned he merchant.
T. I'm afraid NOT. What most concerns
me i the fart thai our children are depris-
ed Of those edneaiionsl advantages -
much desired 10 give Them. ID uoubles
me. whenever Il ernsses my mind, 10 think
ihsi Edward had 70 be taken from college
just . his more important studies COM
mfnced. These can never be resumed.
Tor ere ! recover myself. he will be .
man"
There are alwayslwo things presented
10 rs" replied Mrs. Poner6rld-. what
we desire. and what IL. What are desire.
we always think best: bur what Is. is Of
Providence. and. therefore. undoubtedly
hest. Thus reason. and ende.sor 10
feel satisfied with what Is"
And you are righl." returned her hus-
hand. . But cannot rome INTO your bei.
ter state Of mind. wish that ! could"
.Think less about what yon cannot
help, and more about present daily duties.
and You will come inin ihis better state Of
mind much more easily Than You sup
pose"
sNo doubt you are right in that" said
Mr.. Porler6eld. smiling. sThe receipt
is Of The simplest kind. and will Try 10
use IN. r t.@MM@4s .m.. ... ..e
Notwithstanding the reefed sails and
! lighiened hull, the storm. when lis violenre
increased. threatened TO drive the vessel in
which Porcriield's earthly goods were all
yeniured, beneath The waves. In order TO
keep aAosi. il possible. resort was had To
that most doubtful and desperate financial
operation, the making Of notes that do not
represent mercantile transaction. and
throwing them in marke, Cor discount
or, rather, as il is vulgaly called, 10 be
shaved. So
This manufactured paper was. through
the aid Of friends, issued pretty extensive
~. But il awaited not. Porier6eld's bzrqne
went under. afier he had diminished his
actual property some thousands of dollars
in the payment Of enormous discounts.
.Have YOU heard The newsl" asked a
broker OF Mr.. Wiley, one morning.
.Whai is 10! Who has failed now T.
Porlerfeld." e..~= .....
.Good! ] expected that" returned
the lawyer. "Is il bad failure ~
/ 81 don't know. Some say il is, and
some say il is not. His paper was dis
honored yesterday, and there is a plenty
of il in the market" ...s-.s er .... - =
7 Yes. About q thousand dollars, that
was fool enough TO shave, when | saw
by The face Of il that il was only made
paper" a..~s-.
What do you expect to get for il 7"
.I'l tell you wha, I'll take"
aWhat p
Fifty cents in the dollar" .... ....
How long has il to run :"
alive hundred are due to-day; and Eve
hundred viii mature in a week." .-s .es
Has meeting Of creditors been call.
ed!"
81 believe So" ~. s...+1
do you know any Of themi p.
"Yes." And the broker named over
half dozen who were creditors. s-.
The lawyer though, moment, and then
said, a:4...s -. ~...
.l'll buy your claim at fifty cents.
"very well. So much saved a. any
rate" ..a.. ..- ~.. .... a.es .,s.-
"And l should like to have four or FIVE
thousand more al the same price. prosid-
ed the paper has already maiured. or Will
fall due in The course of a week"
"You can be accommodated, without
doubt" said the broker. 1e ...a-... .. -
/" Will you try to gel il for me r.
81 will" e> III. .-.a;...... --
On The next day, notes amounting TO
-Four thousand dollars were brought 10 the
lawyer, who bought them a, half The sum
they demanded. .~.~ -a -...aa....s. 4.a
\ Such of these as were not already nn.
der protes, for non-paymen,, were noted
on The days they cell due, and Immediate
ly sued out. Wiley was rejoiced TO find
that his wriis were the first issued, and
that his judgments against The debtors
property would therefore take the Pfece-
denfe. w.. ..~
.Safe enoughw he said 10 himself,
will much apparent, pleasure, when rlear-
ly sisistied OF this fact. :" i shall make
twenty-five hundred by that operation,
and pu, Porer6eld jus. where he ought
TO be-" g.. .as t.-es.....s ..a.... .a+a ..s.,
Atthe third meeting Of creditors. which
convened for the purpose Of final ac,len.
looking 10 the relief Of the debtor By II
beralextension of time and abatement OF
claims, the fact that suits for i've thousand
dollas had been commenced was unex-
pec,elly announced, AVID changed the
whole aspect OF things. One Of the Gre
di,ors an old merchsn, Of liberal feelings.
who PAS respected and esteemed by all
who, lnev him. undertook the task OF as
certailing from Wiley. Who was known
10 be Ihe.sueing patty, a. TO his intentions.