On my arrival in port, I felt the importance which an ample fortune gives a man in this external world. The arrival of a South Sea ship from Canton, with a valuable China cargo, was no unusual occurrence, and excited no extraordinary interest; but it was speedily rumoured that the Explorer had made a splendid voyage, and that Capt. Seaborn was as rich as a nabob. Abundant civilities were proffered to me, and numberless invitations to dinner were politely given.

I had now to select some merchant to assist in disposing of my cargo, my long absence, and consequent ignorance of dealers, rendering it imprudent for me to transact my own business; besides which, I found that, notwithstanding the whole of my merchandise was as much the product of American industry, as though I and my people had dug it out of the soil, (for instead of obtaining it with specie, we had procured it by our own manual labour,) I was required to pay or secure the enormous sum of one hundred and ninety thousand dollars duties to government. A strange thing surely, that the same tax should be levied on the privilege of bringing the fruits of our own industry into the country, as on cargoes bought with silver dollars, the carrying away of which impoverishes the nation. This did not seem altogether right either for individuals or the country; but there was no use in reasoning about it—it was required by law.

My own bonds for these duties could not be received, because I was not a permanent resident In this exigency my friend, Mr. Worthy, occurred to my mind as a very fit man to act as my factor. He was an old acquaintance, a well informed merchant, and a man of strict integrity; but, unhappily, at this time, rather low in credit, in consequence of having lost a great part of his capital by endorsing for his friends. It was doubtful whether his bonds would be thought sufficient at the Custom-house, and I was assured that he could not raise cash enough to answer the heavy demands which would be immediately made upon me by my crew, and my own expenses. Moreover, as I was now very rich, and had daughters nearly grown up, it was proper that I should gain a place in genteel society, whereas my friend Worthy, being a plain frugal citizen, did not mix with the haut ton, and could give me no assistance in that particular. All my friends (and they were now very numerous) protested against so foolish a step as that of putting all my affairs into his hands, for the sake of giving an honest man a commission of ten or twelve thousand dollars, when there were so many great merchants who would readily manage my concerns for a moderate per centage, and introduce me to stylish society into the bargain.

I confess that the Symzonian doctrines had left so much impression on my mind, as to cause me some compunction at the thought of neglecting an opportunity to render my friend Worthy’s family comfortable, by giving him my business, instead of bestowing the advantages of it upon a merchant rolling in wealth, who, after being roundly paid, would consider me under obligations for his services. My external habits and sentiments, however, got the better of my sympathies for my old friend, and, by the advice of my new friends, I addressed myself to Mr. Slippery.

Mr. Slippery was undoubtedly a great merchant. He lived in a spacious house in Broadway, rode in a splendid coach, walked like a man of consequence in Wall-street, was a bank director, and had the handsomest carpeted compting room in the city, and I know not how many clerks writing in the next room. I knew him by sight, and did not altogether like to apply to him, because of his haughty manners. I remembered that when, some years before, I called at his compting room to offer myself as a master for one of his ships, he kept me standing half an hour, with my hat in my hand, before he condescended to notice me, and was no ways pleased that I took the liberty to draw a chair to seat myself until he might be at leisure. But he was certainly a great merchant, and to him I went.

I was delighted on entering his room, to observe a visible improvement in his deportment and manners. Instead of the distant, haughty reserve I had expected, he met me halfway, with both hands extended, and gave me a hearty welcome to my country after so long an absence; inquired after my wife and children in the most touching manner; was rejoiced to hear that I had made a great voyage, and should be extremely happy to render me any service in his power. He finished his preliminary address with, “I am a great admirer, Captain Seaborn, of you men of enterprise, who draw riches from the great deep to the benefit of the revenue, the extension of trade, and all that sort of thing: you understand me, Sir?”

A hearty invitation to dinner, and a request to be permitted to introduce me to his friends, followed in a breath. I was charmed with him, poor fool that I was, little dreaming that it was the prospect of handling the half million of dollars, which my cargo would produce, that excited his cupidity.

There was no difficulty in settling terms. Mr. Slippery agreed to take charge of my business for half a commission, a simple two and an half per centum. He was aware, he said, that after a long voyage, I must be disposed to devote my time to my family and my friends, and he would take all the trouble of business off my hands. I had only to endorse over my bills of lading, and direct Mr. Boneto to deliver the cargo to his order; and, as for money, I might draw for what sums I pleased, taking care, when I should draw for large amounts, to make my bills at four or six months, as the goods must be sold on credit, and it would be a long time before he should be in funds from the actual proceeds.

A few months flew on delightfully;—I had no cares, no perplexities. Mr. Slippery recommended that the goods should be sold at auction, to make sure of the best of endorsed paper, and I consented. He paid my officers and men their shares, as I desired; and although the auction sales did not produce for the goods, clear of charges, auction expenses, and Mr. Slippery’s commission and guarantee, the actual cost in Canton, I flattered myself that I should still be rich enough, and at all events, I could send the Explorer on another voyage, whenever I should want more wealth. I purchased a handsome house for thirty thousand dollars, paid fifteen thousand dollars cash, and gave a mortgage for fifteen thousand; relieved the wants of all my poor relations; assisted many old acquaintances, who had been unfortunate; and still felt myself perfectly secure of all the good things of this world for the remainder of my days.

But, alas! we are short-sighted creatures. I was soon called to lament the loss of my vessel, the partner of my adventures. Mr. Boneto not being satisfied with a life of idleness on shore, and having a wish to visit Europe, I permitted him to take the Explorer, without her machinery, for a voyage to New-Orleans, and thence to Europe. He took his money with him to purchase a cargo. On his way, he knocked that charming vessel to pieces on the Bahama Banks, for want of Blunt’s chart, improved by recent surveys, to warn him of all the dangers.