The daily Minnesota pioneer. [volume] (St. Paul, Minn.) 1854-1855, 1855-06-15

HE did not die of choera-he died of brok-
ers, sr.'' said man to US yesterday, speaking
of the death of his friend. "He projected an
unwise improvement of piece of real estate
made loans, covered himself with bonds and
mortgages, and finally incurred a street debt of
two thousand dollars which rapidly rolled up
to eight thousand, and crushed the life right
out of him. He borrowed Canada money on
call, to be paid in current funds-got paper
discounted payable in seven days in the city of
New York-borrowed Ohio and Kentucky
currency for one day, returnable in notes Of
Buffalo banks-shinned it from street to street
and friend to friend, to keep the debt ahead of
him. Why, sir, could not sit down to con-
suit with him, with the least assurance that he
would not jump up suddenly to go out and
give another shove to that accused debt. The
memorandum book of his obligations was al
ways in his bosom, and sil, it burned to the
poor mans heart. He was owned by brokers.
worked for them liv, d for them, and died for
them. He did not die Of cholera at all, sir.
He died of a street debt, upon which he ex-
pended his strength every week, in throwing
it ahead from one day to seven days
We thought of Hayden, the Historical
Painter, and the puddle Of black blood that
ran out from under the door of his studio,
where at the foot of one of his pictures the
weary artist disembarrassed himself at once of
de3t and life, with the friendly pistol. What
frighttul record of the consequences of debt
was the whole history of this brilliant and en-
thusiastic Englishman's career. 1t was, to be
sure, needlessly aggravated by one of the curses
of British society-the London Attorney exc
cutting the laws of contracts, and with his
scoundrelly costs doubling the weight of every
oil int
Yet no man can read Haydon's life with the
were due to the debt, the rolling of which,
while he could roll it, was the poison of his
life, and which finally grew too great for his
strength. 1t rolled back on him and killed
him. The pistol ball which shattered his
noble head, was but the minister of his debt
There is now at our hand the written life OF
the great orator Sheridan. How its ship
wrecks and its closing sorrows and shames
were the consequences of his lifelong indebted
ness 1t cost him his seat in Parliament
threw him out of Drury Dane, cast him into
Prison, sent him to the pawnbrokers sowed
the seeds CT domestic discord, drove him to
hard drinking, and finally broke down the Or
nament of the British Senate, and utterly
ruined the great man, whom Byron pronounced
address, and the best comedy ever produced il
England. The table companion, counsellor
associate and fried Of princes, prime ministers
and dukes, debt carried him bed-ridden to the
disgrace and horrors of an arrest while he was
dying. A BRUTAL officer in the very act O
carrying him in the blankets upon which he
laid to a sponging house, was deferred from
his purpose only by the suggestion Of the
physician that he would be hung for murder
if Sheridan died on the way.
The youth of this country should be taught
to avoid debt as the bane of their lives. PAY
AS YOU co! is golden maxim. 1t should be
the rule of private life True economy woult
make it the government practice. Its wisdom
could be proftably incucated in our institu
tions of learning, in lieu of portion of the
worthless Greek, upon which American schol
ars waste so much time and money.-Bufal(
DemOcrQCY.