Paul Prescott's Charge by Horatio Alger
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not been able to do much more than support my family. This it seemed to
me, afforded an excellent opportunity of laying up a little something which might render me secure in the event of a sudden attack of sickness. I had but about two hundred dollars, however, and from so scanty an investment I could not, of course, expect a large return; accordingly I went to Squire Conant; you remember him, Paul?" "Yes, father." 'I went to him and asked a loan of five hundred dollars. After some hesitation he agreed to lend it to me. He was fond of his money and not much given to lending, but it so happened that he had invested in the same speculation, and had a high opinion of it, so he felt pretty safe in advancing me the money. Well, this loan gave me seven hundred dollars, with which I purchased seven shares in the Lake Superior Grand Combination Mining Company. For some months afterwards, I felt like a rich man. I carefully put away my certificate of stock, looking upon it as the beginning of a competence. But at the end of six months the bubble burst--the stock proved to be utterly worthless,--Squire Conant lost five thousand dollars. I lost seven hundred, five hundred being borrowed money. The Squire's loss was much larger, but mine was the more serious, since I lost everything and was plunged into debt, while he had at least forty thousand dollars left. "Two days after the explosion, Squire Conant came into my shop and asked abruptly when I could pay him the amount I had borrowed. I told him that I could not fix a time. I said that I had been overwhelmed by a result so contrary to my anticipations, but I told him I would not rest till I had done something to satisfy his claim. He was always an unreasonable man, and reproached me bitterly for sinking his money in a useless |
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