Abraham Lincoln: a History — Volume 01 by John George Nicolay;John Hay
page 108 of 416 (25%)
page 108 of 416 (25%)
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transactions. By virtue of half a dozen signatures, Berry and Lincoln
became proprietors of the only mercantile establishment in the village, and the apparent wealth of the community was increased by a liberal distribution of their notes among the Herndons, Radford, Greene, and a Mr. Rutledge, whose business they had also bought. Fortunately for Lincoln and for the world, the enterprise was not successful. It was entered into without sufficient reflection, and from the very nature of things was destined to fail. To Berry the business was merely the refuge of idleness. He spent his time in gossip and drank up his share of the profits, and it is probable that Lincoln was far more interested in politics and general reading than in the petty traffic of his shop. In the spring of the next year, finding that their merchandise was gaining them little or nothing, they concluded to keep a tavern in addition to their other business, and the records of the County Court of Sangamon County show that Berry took out a license for that purpose on the 6th of March, 1833. [Transcriber's Note: Lengthy footnote (1) relocated to chapter end.] But it was even then too late for any expedients to save the moribund partnership. The tavern was never opened, for about this time Lincoln and Berry were challenged to sell out to a pair of vagrant brothers named Trent, who, as they had no idea of paying, were willing to give their notes to any amount. They soon ran away, and Berry expired, extinguished in rum. Lincoln was thus left loaded with debts, and with no assets except worthless notes of Berry and the Trents. It is greatly to his credit that he never thought of doing by others as others had done by him. The morality of the frontier was deplorably loose in such matters, and most of these people would have concluded that the failure of the business expunged its liabilities. But Lincoln made no effort even to compromise the claims against him. He promised |
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