Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1854-10-06

each institution 10 save itseli, the
ruin Of private persons came TO be
disregarded. In turn, every man
who was in debt had TO urge pay
ment from his own debtors, and in
the general scramble which ensued,
numerous merchants became bank
rupt, till all confidence was lost, and
every person was afraid Of his neigh
Dor. Nothing could have come less
opportuuely 10 Jackson than this
commercial revulsion. HIS spirits
were also no longer sustained 10y
consciousness that he was prosper
ing. lie had for some time been
more soliciious TO sustain his credit
than TO make Droh,s, and under the
existing distrust he soon saw that
his ultimate ruin was inevitable and
all his efforts were directed TO avert,
as long as possible, the sure calastro-
phe of public discredd. To this
end, he was daily compelled to sac
ritice to usurers, and to purchase his
supplies of merchandise at prices en-
HANGED 10y the suspicious Of keen
sellers. Even his customers began
to desert him, for his goods were
known TO have been purchased at
disadvantage, and were at least i'm
agined to be dearcr than the goods
Of other dealers. His friends became
alarmed lest they should become en-
tangled in his fall, and forsook him
in body, while his creditors began
to assall him Tor payment OF security.
In this bad emergency OF his af-
fairs, he often thought Of his friend
jenkins, and would have applied to
him for assistance, especially as
philadelphia was less afflicted than
New York with the pccnniary
pressure, but he knew that Jenkins
never denied his wife anything, and
especially that he had acceded to
her wishes i'll the building of
house, and as like causes will pro-
duce like effects, he doubted not
that jenkins must be as badly stu
ated as himself But in this he was
badly mistaken. On the contrary
Jenkins had foreseen the approach
ing commercial storm, and had pru-
IDENTIFY furled his sails ia season, and
was prepared to meet the worst,
come when it might.
He had recently heard of the adj
verse circumstances of his early
friend, and while he was greatly
grieved at his reverses, he resolved
not to let his grief evaporate in ST.
lent sorrow, but to visit New York
and ascertain personally if his
friends affairs could be relieved
He arrived too late for the assist
ance that he was kindly prepared to
give for Jackson had pursued Of
late the down-hill path SO desperate
" and recklessly that he could not
be extricated from his difficulties. -
: Only one honest course remained,
which was to squander no more
property in vain efforts to procrasti-
nate fall that was inevitable, but
r TO meet the crisis at once and assign
! all his remaining effects to good
! trustees, for the equal benefit Of all
his creditors. To this course Jen-
kins advised, with the assurance
, that if his friend could become re-
lieved from his liabilities, he would
, assist him to establish himself anew,
: when with the experience thus
, dearly purchased he would doubtless
regain in time his former standing
Jackson complied with all the
} suggestions of his friend, but moth
ing could well exceed his astonish-
, ishment at the pecuniary abilities
of Jenkins-the man who never
denied his wife anything while he
had yielded to only one request and
= was ruined. But the mystery was
! soon solved. Jenkins admitted that
, he never denied his wife anything.
, 1t was a way he had ; reserving,
however, to himself the execution
, of her projects at such a time only
| as should suit his convenience.-
: The lime had never yet come in the
. matter of the house, but they lived
contentedly where they had always
lived his wife happy in the possess
' sion of complying husband and
: the pleasant antlcipatlons, OF future
qualifications, and he satisfied him
self in the possession of hopeful
' wife, and in the full fruition of his
I present wishes. This revelation
r was not lost Oh Jackson, and when
, he ultimately obtained release from
: his existing debts and commenced
: anew, under the auspices of his
: Philadelphia friend, he was never
! known to argue with his wife, and
! especially never TO become angry ;
: and in process of time, by patient
: industry, and resolute self-denial of
o all improvident expenditures, he be-
1 came far richer than before, and his
e wife while chatting with her neigh
bors in snug parIor in the rear of
:. the shop, would often, like Mrs.
s Jenkins, self-complacently boast,
, that as for Mr.. Jackson, she must
\ say he was man who never denied
+ his wife anything.-KnickerJoc
: EUROPEAN AyFAIRs.-The Hon.
a George p. Marsh, Of Vermont, was
y formally received by his fellow citi-
D zens al Burlington recently, and
Z made a very instructive address re.