The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1877-03-22


sMy own views, gentleman, said
Mr.. Hi36land, are that we ought to
grant ,afi that is asked. Mr.. Carlton
businesses good. and he will get over
his pres&pt difficulties easily ii we on
Iy assist i'm little. We should be
Just, as kn toward man and this
do not d}nk we should be in the case
unless ~ consider Mr.. Carlton as well
as Ourselves. He is an honest man
and All ibneet man in difficulties is al
ways en2ltaed to consideration
THAT 6 Al very well; but when a
man gives his note payable at certain
day he enGht to be very certain that
he will te able 70 take it up. Credit.
ors are entitled. to some consideration
as well as debtors. The cry of poor
debtor i soon raised, but who, 1 won.
der, thiufs Of the poor creditor? l.
for enc. ~ not prepared to extend
Thissu va by Elder.
- - -
AsAs or epoke up another, =
t1Kt 66s 6ne $40 y 81 mSytes5f5ke th1s
II ! think l viii do better by renew.
ing. am ready to do SO if, by wind.
ing up the party now, l can do better
I go for winding up. l have conf
dencc in Cartons Integrity. believe
he means well. But can he get through
That is the question
Il believe he can,' said Mr.. High.
land.
sAnd l doubt it, returned Mr.. Ed
er.
The efforts of Elder to etface the i'm
preston the words of Mr., Highland
had made proved in vain. 1t was
agreed that the debtor should receive
the extension that he asked. When
informed Carlton could not hide his
emotions, though he strove hard to dc
go. His grateful acknowledgment
touched more than one heart that had
been cold as ice towards him a shor,
time before. How different were his
feelings when he met his family that
evening, and silently thanked Heaven
that the cloud which had hovcred
over, and ,hre atened to break in desc.
lating tempest, had passed from the
sky.
Long before the arrival of the time
for which an extension had been grant
ed, Mr.. Carlton was able to pay of
everything, aud TO look in the face,
without unpleasant emotions, every
man he met.
Strange things happen in real life.
Mr.. Elder was shipper, and extern
siveIy engaged in trade. For series
of years everything went on prosper.
ously with him. His ventures always
found good market, and hisconsign-
ments safe and energetic factors. All
this he attributed to his own business
acumen.
Il never made bad Shipments he
would sometimes say. i never con-
sign to doubtful agents.
A man like Mr.. Elder is rarely per.
mitted to go through life without a
practical conviction that he ia in the
hands of one who governs all events.
1t is rarely that such a one does not
become painfully conscious, in the
end, that human prudence is nothing.
The figs. thing that occurred to check
the confident spirit Of Mr.. Elder was
the loss of a ship and cargo under cir
cumstances that gave the underwriters
fair plea for not paying the risk. FL
sued aud was cast. The loss was TWEEN.
ty-fve thousand dollars.
a few weeks after, news came that
shipment TO the South American
coast had resulted in q loss. From
that time everything seemed to &c
wrong. His adventures found a glut
ted market, and his return cargoes 8
depression of prices. If he held on te
thing in the hopes of better rates
prices would go down, until, In a des
perate mood, he would sell then they
would go mp steadily. The time wa.
when he could confine himself strictl,
to legitimate trade, but . mania fol-
speculation now took hold of him anG
urged him on to ruin. He even ven
tured into the bewildering precincts
of the stock market, lured by the hop,
of splendid results. Here he stool
upon ground that soon crumbled be
meath his feet. A loss of twenty ol
thirty thousand dollars cured him o
his folly, aud he turned with a sigh t(
his counting-room TO digest, with carr
and prudent forethought, some SAT,
operation in his regular business.
The true balance Of his MUD wa
lost. He could not consider with calm
ness the business in hand. A falls
move was the consequence. Loss in
stead of profit was the unfortunat,
result.
Seven years from the day Elder op
posed an arrangement with Mr.. Carl
ton, which should regard the debtor q
we'll as the creditor, he himself foun,
it impossible to provide for ali hi
! heavy payments. For some time h
had kept his head above water b.
making sacrifices, but the end Of thi
came.
After sleepless night the merchan
| etarto6 ona ,nOrninr for h;C oforo O,,
pressed with the sad conviction tbs
before tho day closed his fair nam
would be tarnished. AS he wake
along, Mr.. Carlton came TO his sid
| with cheerful salutation. Mr.. Car
ton was now large creditor, instea
of debtor. On that very day bills i
his favor had matured TO the amour
of five thousand dollas,an these Eide