The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1876-11-17
DEBTOR AND CREDITOR.

Two men met in New York. They
were merchants.
"What do you think of Cartoons sf-
fairs, Mr.. Elder2" asked one of them.
"I think we shall have pretty fair
percentage. Don't your"
eyes, If we wind him up"
"That we shall do, of course. Why
let him go ont 1t will take him two or
three years to get through, if at ALL"
eff he can get through in two or
three years, shall certainly be
in favor of letting him go on.
Times have been rather hard and bust.
ness dull. But everything looks en-
couraeing now."
CT don't believe in extensions, Mr..
Highland. The surest way, when man
gets into difficulties, is to wind him up,
and secure what you can. Ten chances
to one, if you let him go, you lose every
cent"
CT have granted extensions in several
instances, Mr.. Elder" replied his COM
panion, "and obtained, eventually, my
whole claim, except in single case"
"It's always risk. go by the mot
to, "A bird in the hand is worth two in
the bush,'" returned Elder. =" am al
ways ready to take what can get to-
day, and never trust to the morrow.
That is my way of doing business.
"But do you not think the debtor en-
titled to some consideration 2"
"How 2" with look of surprise.
"He is man of Like passions with
ourselves"
ct don't know that I understand you
exactly, Mr.. Highland"
"Mr. Carlton has domestic relations,
as well as you and l."
II never doubted it. But what of
that9"
eff we break him up in business, the
evil will not visit him alone. Think of
the effect upon his family"
In trade we never consider q mans
family relations"
"But should we not, Mr.. Elder9
Should we not regard the debtor as q
man?"
AS a man who owes us, and is un-
able to pay us what is due; but in no
other light" returned Mr.. Elder with a
slight curl of the lip.
"There we differ widely"
Sand will continue to differ, imag-
inc. Good morning, Mr.. Highland.
The two men parted.
An hour previous, Mr.. Carlton, about
whom they had been conversing, sat
with his family, wife and three daugh.
ters, at the breakfast table. He tried to
converse in his usual cheerful manner,
but too heavy a weight was upon his
heart. There had come q crisis in his
affairs, which he feared would not be
passed without ruin to himself. If the
effects of his misfortune would not reach
beyond his store and counting-room if
upon his head alone would fall the frag-
ments of broken fortune, he would not
have murmured. But the disaster could
not stop there. 1t would extend even to
the sanctuary of home.
On the day previous, he had called on
q few of his creditors, and asked of them
sn extension. Ii this were not given,
it would be impossible for him to keep
on longer than few weeks. The spirit
in which most of the creditors had re-
ceived the unexpected announcement
that he was in difficulties gave him little
to hope. He was to have another inter.
view with them during the day. From
that, as it would exhibit the result of a
nights reflection upon the minds of his
creditors, he would be able to see clearly
his chances of being sustained In bust
ness. He awaited the hour with nervous
anxiety. When it arrived, and the few
creditors called in had assembled, he
saw little in their faces to give hlm hope.
The first who spoke out plainly was
Elder.
81, gentlemen" he said, firmly, cam
opposed to all extensions. II man can
not pay as he goes, I think he had bet
ter wind up
eff all do not agree in this matter, il
will be no use to attempt extending Mr..
Cartons time," remarked one of the
creditors, who thought and felt as did
Elder, but was not willing to come out
30 plainly.
"That is very true," said third. ga
partial extension will be of no use."
The heart of poor Carlton almost
ceased to beat.
Have You any objection to retiring
for few minutes 2" said Mr.. Highland
to the debtor.
81 will withdraw, certainly" returned
Mr.. Carlton, and left the room.
"My own view, gentlemen" said Mr..
Highland, els, that we ought to grant
all that isasked. Mr.. Cartons business
is good, and he viii get over his present