The Romance and Tragedy of a Widely Known Business Man of New YorkRussell, William Ingraham
General
The Romance and Tragedy of a Widely Known Business Man of New York
Russell, William Ingraham
Businessmen -- New York (State) -- New York -- Biography; Russell, William Ingraham
I told him I was sorry I could not see my way clear to make any
better offer and it was that or nothing. If he would not accept
it, then the only alternative was for me to step out and leave him
the business.
This suggestion startled him. He knew he could not carry on the
business without me.
After going to his father's office for consultation he returned
and said he had decided to accept my offer. "As to those notes,"
he said, "you may give them to me if you like, but I don't suppose
you will ever pay them."
We terminated our partnership that day, but I continued the business
under the same style, W. E. Stowe & Co., complying with the legal
requirements governing such action.
While Allis was my partner, on more than one occasion, when we were
discussing the wretched state of business, he would call himself
a "Jonah," and in the light of later developments it really looked
as if such was the fact.
When we separated, unquestionably the outlook was most gloomy.
I could not see a ray of light ahead, and without the constant
encouragement of my wife, who always insisted that brighter days
were in store for us, I might have given up the ship.
Before I had been alone a month an improvement was perceptible, in
another month it was more decided, and by the end of the year there
was no longer any doubt that an era of good times was approaching.
Those notes for two thousand dollars given Allis, and which he
thought I would never pay, carried no interest. There was no reason
I should anticipate the payments if I did not wish to. Probably he
would have been glad to have me discount them. I had forty months
in which to pay them. I paid them all in full within six months.
I thought he would appreciate my doing so. Quite the contrary.
Of course my prepayment so far in advance of maturity was evidence
of my prosperity.
He, in his small soul, could not but believe I knew this prosperity
was coming and had forced him out of the firm, just in advance of
its arrival. I met him in the street frequently and noticed the
change in his manner. A few weeks later he did not return my bow
and we have since been strangers.
When I heard shortly after of his engagement to the little French
girl, I concluded that his envy of my success and her prejudice
for my share in the temporary cessation of his intimacy with her
had cost me a friend. And yet it surely was through no fault of
mine.
CHAPTER XI
A YEAR OF SUNSHINE
The year 1878 was to me a memorable one.
The improvement in business the previous year had been sufficient
to enable me to pay my indebtedness to Allis, meet all my current
expenses, and enter the new year with a good balance in bank.
My health had become entirely restored, and with mind free from
worry life was indeed well worth the living. The home life, happy
under adverse circumstances, was of course made more enjoyable by
my improved financial condition.
Public-domain text, read in full here on John Shaqi.
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