The Literary echo, and Pawcatuck advertiser. [volume] (Westerly, R.I.) 1851-1854, 1852-02-05

fortune :" I inquired No, but you
have helped me to one, said he. Il don t
understand you, Mr.. Davis I made
answer. Edward rents the house for us, ,
said the old man. Do you understand
now = ~" .Hi. 81
Z" understood him perfectly. 1t was
then that l received the largest dividend
on my investment which has yet come into
) my hands. If they go on increasing at
, this rate, shall soon be rich"
6 Rather unsubstantial kind of riches"
was remarked by my friend.
" That which elevates and delights the
man can hardly be called unsubstantial," !"
replied Mr.. Winslow Gold will not
do this -
The friend sighed involuntarily. The
remarks of Mr.. Winslow caused thoughts
to fit over his mind that were far from
being agreeable. ....
a year or more went by, and then an
addition was mad, to the firm of Webb g.
Waldron. Edward Davis received the
offer of an interest in the business, which
he anhesitatingly accepted. From that
day he was on the road to fortune. Three
years afterward one of the partners died,
when his inter, st was increased
Twenty five years from that time Mr..
Wmslow, acting from benevolent i'm.
pulse, proposed to send young Davis to
school, have passed t0'a..
One day, about this period, Mr.. Wins
low, who had met number of reverses in
business, was sitting in his counting-room,
with troubled look on his face, when tho
mercantile friend before mentioned, came
,, in. His countenance was pale and dis
turbed.
/, s. We are ruined ruined ~ said he,
with much agitation.
Mr.. Winslow started to his feet
"Speak - he exclaimed "What new
disaster Is about to sweep over me 20
The house of Toledo & Co., in Rio.
has suspended"
Mr.. Winsow struck his hands together,
and sunk down into the chair from which
he had arisen.
Then it is all over" he murmured.
"All over -
1T is all over with me ;" said the OF her,
"A longer struggle would be fruitless.
But for this l might have weathered the
storm. Twenty thousand dollars of drafts
against my last shipment are back pro-
tested, and will be presented tomorrow.
L cannot lift them. So ends this matter
30 closes a business life of nearly fortv
years, in commercial dishonor and ner-
sonal ruin"
=" Are you certain that they have failed 80
asked Mr.. Winslow, with something like
hope In his tone of voice.
. 1t is too true," was answered. 0The
Celeste arrived this morning, and her
letter bag was delivered at the post Office
half an hour ago. Have you received
nothing by her;''
| was not aware of her arrival. But
l will send Immediately for my letters"
Too true was the information communi-
Gated by the friend. The large commits
sion -hous, Of Toledo & Co. had failed,
and protested drafts had been returned to
a very heavy amount. h'r. Winslow was
among the sufferers, and to an extent that
was equivalent to ruin /; because it threw
back upon him the necessity of lifting over
fifteen thousand dollars of protested paper,
when his Of payments was already full up
to his utmost ability.
For nearly five years everything had
seemed to 90 against Mr.. Winslow. At
the beginning of that time, son, whom
he had set up in business, failed involving
him in a Ieavy loss. Then. one disaster
another followed, until he found
himself in imminent danger of failure.
From this time he turned his miod to the
of Lis affairs with moro
earnnstness than ever, and made every
transaction with degree of prudence and
foresight that seemed to guarantee success
in whatever he attempted. A deficient
supply of -four caused him to send large
shipment to Rio. The sale was at hand
som"ly remuperative profit, but the failure
pf his oonsipnees. before the navment M