Graham's Magazine, Vol. XXXVI, No. 2, February 1850Various
General
Graham's Magazine, Vol. XXXVI, No. 2, February 1850
Various
Literature -- Periodicals; Literature, Modern -- 19th century -- Periodicals
He had already picked out a spot for the location of his mill, and was
obtaining estimates for its construction, when Claxton called on him one
day, with a letter in his hand, which he said he had just received from
Cincinnati. It was from a brother who was engaged in the river trading
business, and who owned three large steamboats. He had already made a
fortune. But ill health had come upon him, and he found it necessary to
retire in part from the active duties which had absorbed his attention
for years. To his brother he offered most tempting inducements to give
up his saw-mill scheme, unite with him, and take the active control of
every thing. “If,” said the letter, “you have any difficulty in finding
a person in your stupid place with enterprise enough to take your mill
off of your hands, I know a man here who will relieve you; but he will
want time on nearly the whole amount of the purchase. He is perfectly
safe, however, possessing a large amount of property.”
Of course, Mr. Claxton, having taken a particular fancy to Ellison, and
being anxious to put him fairly in the road to fortune, offered him the
mill at cost; and Ellison, without asking the advice of any one—being
fully impressed with the belief that he knew his own business, and had
sense enough to understand a plain proposition when presented,
immediately closed with the offer. The price asked was exactly cost, and
to determine what this was, the bills for every thing were exhibited and
taken as the basis of valuation. According to these the mill had cost
six thousand dollars. And for this sum, Claxton generously consented to
sell the entire concern, with all prospective benefits, to his young
friend. The amount of cash to be paid down was three thousand dollars,
and for the balance, notes of six, nine, and twelve months were to be
given, secured by mortgage on the four hundred acres of land.
When matters assumed this aspect, Clara, who, strangely enough to the
mind of Alfred, appeared to like Claxton less and less every day,
suggested many doubts, and proposed that the matter should be submitted
to three old residents of the place, and their advice taken as
conclusive. But Alfred objected to this. They were plodders, he said, in
an old beaten track, where, like horses in a mill, they had gone round
and round until they were blind. They would, of course, suggest a
thousand doubts and difficulties, all of which he had already solved.
There was no aspect of the case in which he had not viewed it, and he
understood all the bearings better than any one else.
“He is a poor sort of a man who cannot lay his course in life, and steer
safely by force of his own intelligence,” said the young man, proudly.
Public-domain text, read in full here on John Shaqi.
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