“Mr. Clifford, I am sorry for you. Doubly sorry that you persist in seeing this thing in an improper light. Even were I disposed to second your designs, it is scarcely possible, sir, that you could be extricated. The discovery of those papers, and the extreme probability that Hansford, the partner of the English firm of Davis, Pierce, & Hansford, is surviving, and can be found, makes the probabilities strongly against you. My advice to you, is, that you make a merit of necessity;--that you endeavor to effect a compromise before the affair has gone too far. The creditors will make some concessions sooner than trust the uncertainties of a legal investigation, and whether you lose or gain, a legal investigation is what you should particularly desire to avoid. If you will adopt this counsel, I will act for you with Banks & Tressel: and if you will give me carte blanche, I think I can persuade them to a private arrangement by which they will receive the principal in liquidation of all demands. This may be considered a very fair basis for an arrangement, since the results of the speculation could only accrue from the business capacities of the speculator, and did not belong to a fund which the proprietor had resolved not to appropriate, and which must therefore, have been entirely unproductive. I do not promise you that they will accept, but it is not improbable. They are men of business--they need, at this moment, particularly, an active capital; and have had too much knowledge of the doubts and delays attending a prolonged suit in equity, not to listen to a proposition which yields them the entire principal of their claim.” I need not repeat the arguments and entreaties by which I succeeded in persuading my uncle to accede to the only arrangement which could possibly have rescued him from the public exposure which was impending; but he did consent, and, armed with his credentials, I proceeded to the office of Banks & Tressell, without loss of time.