The Cincinnati daily star. [volume] ([Cincinnati, Ohio]) 1875-1880, 1878-09-27

| sdhS put Ouo Wow VI mo1boHo iho IAio
If think will do better by renewing,
am ready to do so; if, by winding up
the party now, / can do better, go for
winding up. I have confidence in Carl
tons integrity. I believe he means
well. But can he get through2 That
is the question" ...-.
a believe he can." said Mr.. High
land. ...... ....-..
"And l doubt it, returned Mr. e.
der. .....
The efforts of Elder to efface the i'm
preston the words of Mr.. Highland had
made proved in vain. It was agreed
that the debtor should receive the ex-
tension he asked. When informed Carl
ton could not hide his emotions, though
he strove hard to do so. His grateful
acknowledgement touched more than
one heart that had been cold as ice to-
ward him short time before. How diff
ferent were his feelings when he met his
family that evening, and silently
thanked Heaven that the cloud which
had lowered over; and threatened to
break in desolating tempest, had passed
from the sky.
Long before the arrival of the time
for which an extension had been granted,
Mr.. Carl ION was able to pay off every
thing, and to look in the face, without
unpleasant emotions, every man he met.
Strange things happen in real life.
Mr.. Elder was shipper, and extern
sively engaged in trade. For series of
years everything went on prosperously
with him. His ventures always found a
good market, and his consignments safe
and energetic factors. All this he at
tributed to his own business acumen.
II never made bad Shipments" he
would sometimes say. 81 never con-
ign to doubtful agents."
A man like Mr.. Elder is rarely per-
initted to go through life without prac-
tical conviction that he is in the hands
If One who governs all events. 1t is
rarely that such one does not become
painfully conscious, in the end, that hui
nan prudence is nothing.
The first thing that occurred to check
he confident spirit of Mr.. Elder was the
} loss of ship and cargo under cireum-
. stances that gave the underwriters a
air plea for not paying the risk. H.
,ued and was cast. The loss was TWEEN
ty-fve thousand dollars.
A few weeks after, news came that a
,hipment to the South American coast
had resulted in loss. From that time
everything seemed to go wrong. His
adventures found glutted market, and
his return cargoes depression of prices.
Ii he held on to thing in the hopes Of
better rates, prices would go down, until.
. IN desperate mood he would sell; ther
, hey would 60 up steadily. The time
vas when be could confine himself strict
y to legitimate trade, but in amania fol
pecuIation now took held of him and
lrged him on to ruin. He even ven
: tured into the bewildering precincts
# the stock market, lured by the hope
r If splendid results. Here he stood upon
! round that soon crumbled beneath his
eet. A loss of twenty or thirty thou
D and dollars cured him of his folly, anc
o Ne turned with sigh to his counting
t DOM to digest, with care and pruden
n orethought, some safe operation in hi
n sgular business.
= The true balance of his mind was lost
{ lie could not consider with calmness tb
g BUSINESS in hand. A false move was tn
= consequence. Loss instead of profit wa
he unfortunate result.
S Seven years from the day Mr.. Eide
: opposed an arrangement with Mr.. Carl
$ on, which should regard the debtor a
!. we'll as the creditor, he himself found i
: impossible to provide for all his heav
" )avments. For some time he had KEEP
e lis head above water by making sacrl
:. Ice, but the end of this came.
E After sleepless night the merchan
itarted one morning for his store, OF
n pressed with the sad conviction that bf
l. fore the day closed his fair fame woul
; " tarnished. AS he walked along, Nj
}arlton came to his SIDE witha cheerfr
1t alutation. Mr.. Carlton was now lare
: reditor, instead of debtor. On thu
. cry day bills in his favor had matur"
q the amount of five thousand dollar
IL md these Elder could not pay. I'll
recollection Of this made it almost in
a possible for him to reply to the pleasar
observations of his companion. Vivid.
1t IS if it had occurred yesterday, came
,efore his mind the circumstances thu
g ad transpired few years previousl,
u Ie remembered how eagerly he ha
sought, from the Inerest selfish motive
ID to break down Mr.. Carlton, and thro
him helpless upon the world, and no