Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1859-01-20
the money
81 de-" r-r
VERY well! And what next =
borrow.

"Ids." ,-
s.Very well And what ne1t!"
Borrow"
"Borrowl"
"Yes You have many friends who will take
pleasure in giving YOU temporary aid This dis
aster NAV not prove 30 serious as you imagine,
and you may be able to struggle through and
recover yourself without shadow being cast on
your good name. If you suffer present obliga-
lions to be dishonored, remember that your rep
utation must receive stain. This cannot be
wooded. There are men who have no word bat
dishonest with which to designate those who
fail to pay them what is due, no matter what
causes produce the failure Think of this, Mr
Oglethorpe, and weigh well the consequences,
before you take the doubtful step You have pro
posed to yourself You have family, and for
their sakes, do not permit this disgrace to come
upon you and them"
Mr. 0glethorpe was partially stunned by this
ae had not thought of disgrsce-only of mis-
fortune. He sat for some time ike one stupe
fed.
Don't give up, sir! Don't give up" Mr..
Spieer laid his hand on the arm of Mr.. Ogle-
thorpe, and spoke cheerily, "Never let 1t be
said that you permitted an obligation to remain
uncanceIled. Put on brave, cheerful face, and
you will go through. can wait until to-mor-
row for my money. That will give you tire to
turn around. And whenever you want aid OF
counsel, remember that Jacob SPicer is your
| friend"
The creditors counsels prevailed. Mr. Ogle-
thorpe, instead of standing up bravely and meet
ing his trouble face to face, began the hopeless
! task of borrowing himsslf out of debt He was
invoked beyond his means Of payment, about
L
little over twenty hundred dollars a year in
| net profits; and his family expenses never ex-
ceeded fifteen hundred dollars, he was simply
in a condition to pay up infull at the end Of five
years To do this, however, a fair arrangement
with all bis creditors was necessary, and all
would have TO make concessions in his favor
Strict attention to business was also requisite.
Such an arrangement could have been made,
and all would have come out right in the end.
But unwise counsel prevailed y.
On the day following Mr.. Spieer's visit, that
gentlemen received his two hundred dollars,
which Mr. OgIethorpe borrowed from q friend,
under promise of repayment the day alter
Another friend furnished the money TO make
this loan good, and third supplied the means
| of taking up small note that fell due in the
meantime. By the end of the week or two, Mr..
Oglethorpe was fairly inducted into the steries
| and miseries of borrowing. His hne of accom-
| mediation in this direction, has already reached
the sum oftwo thousand dollars, part Of which
has been received from professional lender who
received the moderate interest Of half per cent.
day To keep this large accumulation ahead Of
him was no easy task, and our borrower found
but little time on his hands for the ordinary du-
ties in business Steadily this accumulation
went on, until it reached the full sum Of hia
iosses, and steadily it Increased by the addition
Of excessive interests, while the poor mans
income decreased in consequence Of bis negelect
Of business. - .-.r
Jacob Spicer never loaned Mr., oglethorpe a
single dollar His advice had been given self
ishly and heartlessiy. To get the whole Of
his small claim he had been willing to lead
an honest bat not clear sighted man into awrong
way that led to certain worldly ruin. Many
times, IN sasss of extremity, had Mr.. ogls-
Et'f Ia i 4 AtN "a II - KEA IT