When the breakfast had been brought up, and our two travellers were seated at the table eating it, Rollo introduced the conversation by expressing his regret that he had not bought the gold watch chain that he had seen in the Strand.

"How unlucky it was," said he, "that I did not buy that chain, instead of saving the money to have it stolen away from me! I am so sorry that I did not buy it!"

"No," replied Mr. George, "you ought not to be sorry at all. You decided to postpone buying it for good and sufficient reasons of a prudential character. It was very wise for you to decide as you did; and now you ought not to regret it. To wish that you had been guilty of an act of folly,

in order to have saved a sovereign by it, is to put gold before wisdom. But Solomon says, you know, that wisdom is better than gold; yea, than much fine gold."

Rollo laughed.

"Well," said Rollo, "at any rate, I have learned one lesson from it."

"What lesson is that?" said Mr. George.

"Why, to be more careful after this about my money."

"No," replied Mr. George, "I don't think that you have that lesson to learn. I think you are careful enough now, not only of your money, but of all your other property. Indeed, I think you are a very careful boy; and any greater degree of care and concern than you usually exercise about your things would be excessive. The fact is, that in all the pursuits and occupations of life we are exposed to accidents, misfortunes, and losses. The most extreme and constant solicitude and care will never prevent such losses, but will only prevent our enjoying what we do not lose. It is as foolish, therefore, to be too careful as it is not to be careful enough.

"Indeed," continued Mr. George, "I think the best way is for travellers to do as merchants do. They know that it is inevitable that they should meet with some losses in their business; and so