Chapter 1 - Page 2

purchased by those who do not well know what
to do with their money. This trade was of immense advantage to the
future prosperity of the young adventurer; for, in addition to the
known fact that they who amuse are much better paid than they who
instruct their fellow-creatures, his situation enabled him to study
those caprices of men, which, properly improved, are of themselves a
mine of wealth, as well as to gain a knowledge of the important
truth that the greatest events of this life are much oftener the
result of impulse than of calculation.

I have it by a direct tradition, orally conveyed from the lips of my
ancestor, that no one could be more lucky than himself in the
character of his master. This personage, who came, in time, to be my
maternal grandfather, was one of those wary traders who encourage
others in their follies, with a view to his own advantage, and the
experience of fifty years had rendered him so expert in the
practices of his calling, that it was seldom he struck out a new
vein in his mine, without finding himself rewarded for the
enterprise, by a success that was fully equal to his expectations,

"Tom," he said one day to his apprentice, when time had produced
confidence and awakened sympathies between them, "thou art a lucky
youth, or the parish officer would never have brought thee to my
door. Thou little knowest the wealth that is in store for thee, or
the treasures that are at thy command, if thou provest diligent, and
in particular faithful to my interests." My provident grandfather
never missed an occasion to throw in a useful moral, notwithstanding
the general character of veracity that distinguished his commerce.
"Now, what dost think, lad, may be the amount of my capital?"

My ancestor in the male line hesitated to reply, for, hitherto, his
ideas had been confined to the profits; never having dared to lift
his thoughts as high as that source from which he could not but see
they flowed in a very ample stream; but thrown upon himself by so
unexpected a question, and being quick at figures, after adding ten
per cent. to the sum which he knew the last year had given as the
net avail of their joint ingenuity, he named the amount, in answered
to the interrogatory.

My maternal grandfather laughed in the face of my direct lineal
ancestor.

"Thou judgest, Tom," he said, when his mirth was a little abated,
"by what thou thinkest is the cost of the actual stock before thine
eyes, when thou shouldst take into the account that which I term our
floating capital."

Tom pondered a moment, for while he knew that his master had money
in the funds, he did not account that as any portion of the
available means