Eastern times. [volume] (Bath, Me.) 1846-1857, 1852-01-22

Davis coming out of house, the rent of which
rom its appearance, was not less than two
hundred and twenty-five dollars. You don't
live here, of course said l, for knew the
old mans income to be small-not more than
SIX or seven dollars week. 20, yes do >
he made answer with SMILE I turned and
looked at the house again. How comes this q
| asked. You must be getting better off in
the world So am was his reply. Has
any one left you little fortune!' inquired
No, but you have helped me to one, said he
{ don't understand you, Mr.. Davis made
answer. Edward rents the house for u.s.
said the old man. DO you understand me
nowt q
Il understood him perfectly 1t was then
that | received the largest dividend on my in
vestment which has yet come into my hands
If they 60 on increasing at this rate, l shall
soon be rch'
Rather unsubstantial kind of riches was
remarked by the friend.
That (which elevates and delights the
mind can hardly be called unsubstantial,' re-
piled Mr.. Winslow. 'Gold will not always
do this
The friend sighed involuntarily. The re-
marks of Mr.. Winslow caused thoughts 20 fit
over his mind that were far from being agree
able.
A year or two more went by, and then an
addition was made to the firm of Webb &
Waldron. Edward Davis Received the offer of
an interest in the business, which he unhesi-
tatingly accepted. From that day he was on
the road to fortune. Three years afterwards
one of the partners died, when his interest was
increased.
twenty-five years from the time Mr. Wins
low, acting from benevolent impulse, pro-
posed to send young Davis to school, have
passed.
One day, about this period, Mr.. Winslow.
who had met with a number of reyerses in
business, was sitting in his counting room,
with troubled look on his face, when the
mercantile friend, before mentioned, came
in. His countenance was very pale and dis
lurbed.
We are ruined! ruinedr said he, with
much agitation.
Mr.. Winslow started to his feet.
Speak" he exclaimed. 'What new dis
asler is about TO sweep over me-?
The house of Toledo l. Co., in Rio. has
suspended
Mr.. Winslow struck his hands together,
and sunk down into the chair from which he
had arisen.
Then lis all over,' he murmured. sAll
over!'
1t is all over with me- said the other.--
A longer struggle would be frurless. But
for this l might have weathered the storm.
Twenty thousand dollars ia drafts drawn
against my last shipment are back protested,
and will be presented tomorrow. cannot
lift them. So ends this natter So closes
business life of nearly forty years, in COM
mercial dishonor and personal ruin =
Are you certain they have failed p asked
Mr. Winslow, with something like hope in
his tone OF voice.
1T is too true,' was answered. The
Celeste arrived this morning, and her letter
bag was delivered at the post office half an
hour ago. Have you received nothing by
her !"
Il was not aware of her arrival. But
will send Immediately for my letters
Too true was the information communica-
ted by the friend. The large commission
house of Toledo Il Co. had failed, and pro-
tested drafts had been returned to a very
heavy amount. Mr.. Wnslow was among
the sufferers, and to an extent that was equiv
alent TO ruin because il threw back upon
him the necessity Of lifting over fifteen thou
sand dollars of protested paper, when his
line of payments was already fully up to his
utmost ability.
For nearly five years, everything seemed
TO GO agains, Mr.. Winslow. Al the begin
ming of that period, son, whom he had set
up in business, failed, involving him in hea-
Wy loss. Then, one disaster after another
followed, until he found himself in imminent
danger of failure. From This time he turned
his mind to the consideration Of his affairs
with more earnes.ness than ever, and made
every transaction with degree Of prudence
and foresight that seemed TO guarantee sue
cess in whatever he attempted. A deficient
ct,ppIu oG Aour L.
shipment 10 Rio. The sale was at a very
handsomely remunerative profit, but the
failure of his consignees, before the payment,
Of his drafts fol the proceeds, entirely PROS
trated him.
So hopeless did he consider his case, that
he did not even make an effort to get tempo.
rary aid in his extremity.
When the friend of MIR. Winslow came in
with the information that the house of Tole.
do s. Co. had failed, the latter was searching
about in his mind for the means of lifting
about five thousand dollars worth Of paper,
which fell due on that day. He had two
thousand dollars in bank; the balance Of the
sum would have to be raised by borrow
ing. He had partly fixed upon The resources
from which this was TO come, when the news
Of his ill-fortune arrived.
Yes, it was ruin. Mr.. Winslow saw that
in moment, and his hands fell powerless by
bis side. He made no further effort to lift
bis notes, but, after his mind had lille re-
CT vered from its first shock. he left his store