When Charles Howard was about thirteen, an event happened which changed his prospects in life. Mrs. Howard's large fortune was principally derived from an estate in the West Indies, which had been left to her by her grandfather. She did not particularly wish to be the proprietor of slaves; and from the time that she came to the management of her own affairs, she had been desirous to sell her West India property. Her agent represented to her that this could not be done without considerable loss. From year to year the business was delayed, till at length a gentleman, who had a plantation adjoining to hers, offered to purchase her estate. She was neither one of those ladies who, jealous of their free will, would rather _act for themselves_, that is to say, follow their own whims in matters of business, than consult men who possess the requisite information; nor was she so ignorant of business, or so indolent, as to be at the mercy of any designing agent or attorney. After consulting proper persons, and after exerting a just proportion of her own judgment, she concluded her bargain with the West Indian. Her plantation was sold to him, and all her property was shipped for her on board _The Lively Peggy_. Mr. Alderman Holloway, husband to the silly Mrs. Holloway, was one of the trustees appointed by her grandfather's will. The alderman, who was supposed to be very knowing in all worldly concerns, sanctioned the affair with his approbation. The lady was at this time rich; and Alderman Holloway applauded her humanity in having stipulated for the liberty and _provision grounds_ of some old negroes upon her plantation; he even suggested to his son Augustus, that this would make a very pretty, proper subject for a copy of verses, to be addressed to Mrs. Howard. The verses were written in elegant Latin; and the young gentleman was proceeding with some difficulty in his English translation of them, when they were suppressed by parental authority. The alderman changed his opinion as to the propriety of the argument of this poem: the reasons which worked upon his mind were never distinctly expressed; they may, however, be deduced from the perusal of the following letter:-- "TO MRS. FRANCES HOWARD. "DEAR MADAM, "Sorry am I to be under the disagreeable necessity of communicating to you thus abruptly, the melancholy news of the loss of 'The Lively Peggy,' with your valuable consignment on board, viz. sundry puncheons of rum, and hogsheads of sugar, in which commodities (as usual) your agent received the purchase-money of your late fine West India estate. I must not, however reluctantly, omit to mention the casket of your grandmother's jewels, which I now regret was sent by this opportunity. 'Tis an additional loss--some thousands, I apprehend. "The captain of the vessel I have just seen, who was set on shore, on the 15th ultimo, on the coast of Wales: his mate mutinied, and, in conspiracy with the crew, have run away with the vessel.