The wisdom and foresight displayed by Henry Schulte in becoming the purchaser of this estate was very soon clearly demonstrated, for in a very short time afterwards he received from the railroad company, as damages and for the right of way through his grounds, more than the sum he had originally paid to the impulsive Baron for the fee of the entire estate.

A few years after this several coal mines were opened in the vicinity, iron works were erected, and as Hagen became a thriving, flourishing city it naturally extended its industries. Henry Schulte's newly acquired property then became available for the erection of iron works and coal breakers, and his wealth was considerably increased by these means. A division of a part of his land into building lots, on the main road from Herdecke to Hagen, also swelled the volume of his increasing revenue. It seemed that he had suddenly fallen upon the wave of advancing fortune, for soon after this some parts of the soil being found to be of excellent quality for brick-making, he entered into arrangements with some extensive manufacturers and received a large sum for the use and occupation of his grounds for that purpose.

Thus, in a very few years, the patient, plodding, avaricious farmer found himself one of the wealthiest men in the locality. This fact, however, produced no change in his habits or his dress, nor did his mode of living undergo any improvement consequent upon the changed condition of his circumstances. This vast accumulation of money only seemed to intensify his avarice, to increase his meanness, and the desire for gain became the ruling passion of his heart and mind. He removed to the large and imposing mansion lately occupied by the Baron, but this was done simply because he could find no other occupant for it; while he could readily procure a tenant for the little cottage where he had previously resided.

The effect of his presence there was soon made manifest, and only a short time elapsed before this beautiful residence presented an appearance of negligence sadly at variance with the thrifty neatness that was everywhere apparent during the time of its occupancy by the Baron and his family. The general air of neglect and squalor surrounding it proclaimed that the habits of the miser had been too firmly grounded to be easily disturbed, and that the man remained the same, whether in the castle or the hovel.

Indeed, it seemed that his reserve and isolation became more marked, and he dressed so shabbily that he scarcely ever appeared in other than soiled and ragged garments. His heart became harder and more grasping, and the few people who had known him in his younger days, and were disposed to be friendly, soon dropped away from him, finding it impossible to endure his harshness of manner and his penurious ways.

His household now consisted of a housekeeper and a valet, the former an elderly woman, who had long been an object of charity to the people of Hagen, and whose services were procured by him at a mere nominal price, and the latter was a young, simple-minded fellow, who performed the multifarious duties of a man-of-all-work, for a stipulated sum that barely sufficed for his needs, exclusive of the daily fare which he received from the hands of his economical employer.

His administration of domestic affairs was in entire accord with his narrow-minded and contracted heart, and the servants found but little comfort while in his employ. He took sole charge of his domestic arrangements himself, and to the patient and uncomplaining Mrs. Scheller would daily furnish the meager complement of beans and potatoes which were required for the day's consumption. The balance of the store would then be religiously kept under lock and key to prevent any tendency towards extravagance on the part of those who served him.

In addition to the various other investments possessed by him, he cultivated a large portion of the land acquired from the Baron, and, being a practical farmer, thoroughly understanding the advantage of drainage, he succeeded in redeeming a great amount of land heretofore deemed worthless, and brought it to a high state of cultivation.

His farming land consisted of several hundred acres, which required the employment of many men, and the large forests, with their apparently inexhaustible timber, furnished occupation for a number of woodmen, all of whom were under the supervision of the master. Here, too, his parsimony extended, and, while no efforts were spared to improve the quality of the land, and to increase the crops that were gathered, in every other respect his miserly nature exerted itself.

The horses and cattle were lean and poorly fed, the buildings were out of repair, and a general system of rigorous and pinching economy was observed, all of which tended to the dissatisfaction of those employed by him, but which in no wise affected the firmly-grounded avarice of their employer, who every day appeared to grow more harsh and unfeeling.