I simply mention the Deacon in passing as an example of the fact that it’s easy for a man who thinks he’s all right to go all wrong when he sees a couple of hundred dollars lying around loose a little to one side of the straight and narrow path; and that when he reaches down to pick up the money there’s usually a string tied to it and a small boy in the bushes to give it a yank. Easy-come money never draws interest; easy-borrowed dollars pay usury.

Of course, the Board of Trade and every other commercial exchange have their legitimate uses, but all you need to know just now is that speculation by a fellow who never owns more pork at a time than he sees on his breakfast plate isn’t one of them. When you become a packer you may go on ’Change as a trader; until then you can go there only as a sucker.

Your affectionate father,
John Graham.


No. 15

FROM John Graham, at the Union Stock Yards in Chicago, to his son, Pierrepont, at The Scrub Oaks, Spring Lake, Michigan. Mr. Pierrepont has been promoted again, and the old man sends him a little advice with his appointment.

XV

Chicago, September 1, 189—

Dear Pierrepont: I judge from yours of the twenty-ninth that you must have the black bass in those parts pretty well terrorized. I never could quite figure it out, but there seems to be something about a fish that makes even a cold-water deacon see double. I reckon it must be that while Eve was learning the first principles of dressmaking from the snake, Adam was off bass fishing and keeping his end up by learning how to lie.