A Grand Proposition.

The summer vacation was now over, and the Board of Managers of the telegraph company, as well as the other boys of the vicinity, were obliged to go to school again and study something besides the arts of making money and transacting telegraphic business. But as there was not much business of this kind to be done, the school interfered with the company's affairs in little else than the collection of money due from private individuals for telegraphic services rendered during the late "rise" in the creek. The committee which had charge of this collection labored very faithfully for some time, and before and after school and during the noon recess, the members thereof made frequent visits to the houses of the company's debtors. As there were not more than half-a-dozen debtors, it might have been supposed that the business would be speedily performed. But such was not the case. Mr. Darby, the storekeeper, paid his bill promptly; and old Mr. Truly Matthews, who had telegraphed to Washington to a nephew in the Patent Office Department, "just to see how it would go," paid what he owed on the eighth visit of Wilson Ogden to his house. He had not seen "how it would go," for his nephew had not answered him, either by telegraph or mail, and he was in no hurry to pay up, but he could not stand "that boy opening his gate three times a day." As for the rest, they promised to settle as soon as they could get some spare cash—which happy time they expected would arrive when they sold their tobacco.

It is to be supposed that no one ever bought their tobacco, for they never paid up.

The proceeds of the five days of telegraphing, together with the money obtained by the sale of Harry's gun, were spent by Kate for Aunt Matilda's benefit; and as she knew that it might be a good while before there would be any more money coming, Kate was as economical as she could be.

It was all very proper and kind to make the old woman's income hold out as long as possible, but Aunt Matilda did not like this systematic and economical way of living. It was too late in life for her, she said, "to do more measurin' at a meal than chewin';" and so she became discouraged, and managed, one fine morning, to hobble up to see Mrs. Loudon about it.

"Ise afraid dese chillen ain't a-gwine to hold out," said she. "I don know but what I'd better go 'long to the poor-house, arter all. And there's that money I put inter de comp'ny. I ain't seen nothin' come o' dat ar money yit."

"How much did you put in, Aunt Matilda?" asked Mrs. Loudon.

"Well, I needn't be a-sayin' jist how much it was; but it was solid silver, anyway, and I don't reckon I'll ever see any of it back again. But it don't differ much. Ise an old woman, and them chillen is a-doin' their best."

"Yes, they are," said Mrs. Loudon; "and I think they're doing very well, too. You haven't suffered for anything lately, have you?"

"Well, no," said the old woman, "I can't say that I've gone hungry or nuthin'; but I was only a-gittin' 'fraid I might. Dis hyar 'tic'lar way o' doin' things makes a person scary."