I was surprised at this offer, having no notion my kinsman was rich enough to lend so large a sum. On a further conversation, however, I learned he had near double the sum he had mentioned, in ready money, and that his principal business in town was to invest in good city securities. He professed himself willing, however, to lend me half, in order to help along a kinsman he liked. I did not at all relish the notion of mortgaging Clawbonny, but John soon laughed and reasoned me out of that. As for Grace's securities, I parted with them with a sort of satisfaction; the idea of holding her effects being painful to me. "Were it out of the family, or even out of the name, I should think something of it myself. Miles," he said, "but a mortgage from _you_ to _me_ is like one from _me_ to _you_. You have made me your heir, and to be honest with you, boy, _I have made you mine_. If you lose my money, you lose your own." There was no resisting this. My kinsman's apparent frankness and warmth of disposition overcame all my scruples, and I consented to borrow the money on his own terms. John Wallingford was familiar with the conveyancing of real estate, and, with his own hand, he filled up the necessary papers, which I signed. The money was borrowed at 5 per cent.; my cousin positively refusing to receive the legal rate of interest from a Wallingford. Pay-day was put at six months' distance, and all was done in due form. "I shall not put this mortgage on record, Miles," Jack Wallingford remarked, as he folded and endorsed the paper. "I have too much confidence in your honesty to believe it necessary. You have given one mortgage on Clawbonny with too much reluctance, to render it probable you will be in a hurry to execute another. As for myself, I own to a secret pleasure in having even this incomplete hold on the old place, which makes me feel twice as much of a Wallingford as I ever felt before." For my part, I wondered at my kinsman's family pride, and I began to think I had been too humble in my own estimate of our standing in the world. It is true, it was not easy to deceive myself in this particular, and, in point of fact, I was certainly right; but when I found a man who was able to lend $40,000 at an hour's notice, valuing himself on coming from Miles the First, I could not avoid fancying Miles the First a more considerable personage than I had hitherto imagined. As for the money, I was gratified with the confidence John Wallingford reposed in me, had really a wish to embark in the adventure for which it supplied the means, and regarded the abstaining from recording the mortgage an act of delicacy and feeling that spoke well for the lender's heart.