Harper's New Monthly Magazine, No. VII, December 1850, Vol. IIVarious
General
Harper's New Monthly Magazine, No. VII, December 1850, Vol. II
Various
American literature -- Periodicals; Civilization -- Periodicals; Culture -- Periodicals
The storm which had made shipwreck of the fortunes of Ephraim Lovegrove
had leveled with the earth prouder roof-trees than his. In early life he
had succeeded his father as the tenant of a farm in Wiltshire. He was
industrious, careful, and ambitious; and aided by the sum of £500, which
he received with his wife, and the high prices which agricultural
produce obtained during the French war, he was enabled, at the
expiration of his lease in Wiltshire, to become the proprietor of
Bursley Farm. This purchase was effected when wheat ranged from £30 to
£40 a load, at a proportionately exorbitant price of £5000. His savings
amounted to about one half of this sum, and the remainder was raised by
way of mortgage. Matters went on smoothly enough till the peace of 1815,
and the subsequent precipitate fall in prices. Lovegrove showed gallant
fight, hoping against hope that exceptional legislation would ultimately
bolster up prices to something like their former level. He was deceived.
Every day saw him sinking lower and lower; and in the sixth year of
peace he was reluctantly compelled to abandon the long since desperate
and hopeless struggle with adverse fortune. The interest on the borrowed
money had fallen considerably in arrear, and Bursley Farm was sold by
auction at a barely sufficient sum to cover the mortgage and accumulated
interest. The stock was similarly disposed of, and stout Ephraim
withdrew with his family to a small cottage in the neighborhood of his
old home, possessed, after his debts were discharged, of about thirty
pounds in money and a few necessary articles of furniture. The old man's
heart was broken: he took almost immediately to his bed, and after a
long agony of physical pain, aggravated and embittered by mental
disquietude and discontent, expired, as we have seen, worn out in mind
and body.
Public-domain text, read in full here on John Shaqi.
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