Preble County Democrat. [volume] (Eaton, Ohio) 1857-1859, 1857-03-12


ined, his dispair became deeper, till at
last he exclaimed:
81 am ruined-utterly ruined!'
GLOW SOP inquired Hiram Strosser,
who entered the counting room just in
season to hear Barton's remark.
The last European steamer brought
news of the failure of the house of Per
leh; jackson & Co, London, who are in
debted to me in the sum of nearly two
hundred thousand dollars. News of the
failure has become general, and my
creditors, panic stricken, are pressing
in my paper to be cashed. The banks
refuse me credit, and L have not the
means tomeet my liabilities. If could
pass this crisis, perhaps [ could rally
again; but it is impossible, my creditors
are importunate, and l cannot much
longer keep above the tide, " replied Bar
ton.
'EWhat is the extent of your liabili-
ties?''
''Sevcnty-fve thousand dollars
''Would that sum be sufficient to re-
lieve your
cit would"
''Thcn, sir, you shall have it." said
Strosser, as he stepped up to the desk,
and drew a check for twenty thousand
dollars. Here take this, and when you
need more, do not hesitate to call upon
me. Remember that it was from you 1
received money to establish myself in
business
But the debt was cancelled several
years ago." replied Barton, as a ray Of
hope shot across his troubled mind.
'-Truc, replied Strosser, ''but the debt
of gratitude l owe, has never been can
celled, and now that the scale has turn
ed, | deem it my duty to come up to
the rescue" At this singular turn in
the tide of fortune, Barton fairly wept
for joy.
His paper was taken up as fast as it
was sent in, and in less than a month
he had passed the crisis, and stood per-
fectly safe and secure; his credit had in
creased, and his business improved, while
several other firms sunk under the blow,
and could not rally, among whom was
ment of this article.
How did you manage to keep above
the tide?" inquired Hawley of Barton
one morning, several months after the
events last recorded, as he met the latter
upon the street, on his way to his place
of business.
Very easily, indeed, replied Mr..
Barton.
,'Well, do tell me how" continued
Hawlcy; Il lay claim to a good degree
of shrewdness. but the strongest exer-
else of my wits did not save me; and yet
YOU, whose liabilities are twice as heavy
as my own, have stood the shock, and
have come of even bcttcrcd by the
storm.
's.The truth is" replied Barton, II
cashed my paper as soon as 1t was sent
in
Il suppose 50, said Hawlcy, regard
ing Mr. b. with look of surprise, but
how did you obtain the funds? As for
my part, [ could not obtain dollar
credit; the banks refused to take my
paper, and my friends even deserted
me-"
a little Investment that made some
ten years ago, replied Barton, smiling,
has recently proved exceedingly prof
table
investment echoed Hawley, what
investmcnt?"
why, do you not remember how L
established young Strosser in business,
some ten years ago?'
30, yes, yes, replied Hawley, as a ray
of suspicion lit up his countenance, but
what Of that?'
He is one of the heaviest dry goods
dealers in the city; and when this calam-
ity came on, he came forward and very
generously advanced seventy-fve thou
sand dollars. You know / told you,
on the. morning I called to offer you an
equal share in the stock, that it might
prove better than an Investment III the
bank"
During this announcement lIr. Haw-
ley's eyes were bent intcntly on sthe
ground, and drawing deep sigh, he
moved on, detected and sad, while Mr..
Barton returned to his place of business
with his mind cleared and animated by
the thoughts of the singular invest
ment.
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