"Why, then," said I, with a look of benevolence, "why, then, I think I must give you a month longer."

"Sure and you are the best man in the world," said Mrs. Smith; "and you think my silver won't be in no danger? and you'll lock it up in some big iron chest? for thieves are quite thick already; and your paper to buy again will be just as good as a pawnbroker's certificate?"

I hastened to satisfy the old lady's mind on this and all other subjects. I then wrote out a receipt, which I caused her to subscribe, being a due acknowledgment on her part of having sold me certain specified articles of plate; after which I delivered her a paper, in which, without troubling myself to make any reference to the conveyance, I covenanted to sell her the same articles, at the price mentioned before, at the expiration of thirty days.

With this and the two hundred dollars which I now gave her, the foolish woman departed very well satisfied; and as for me, I actually rubbed my hands together with the delight of having made such a good bargain. I say again, old Skinner himself could not have managed the affair with greater address than myself; and, young as I was in his body, I felt as much satisfaction at having overreached a silly old woman, as ever a less avaricious man felt at deluding a young one. This was small game, to be sure, for a man who dabbled in stocks, and counted profits, not by dollars, but by hundreds and thousands; but, as I said before, Abram Skinner was a man of all work, who thought no gain small enough to be despised, and who cheated a single tatterdemalion with as much zeal as he would fleece a community.

The end of the bargain was this: in a month's time Mrs. Smith called on me again, but without money; whereupon I spoke to her with greater benevolence than before, assured her she need not be distressed, and renewed the engagement between us by adding twenty-five dollars (the interest upon the money advanced) to the sums specified in the conveyance and covenant; and the same amount I added at the expiration of the second month. And this course I intended to pursue for two months more, until the amount of interest should swell the purchase-money to three hundred dollars; after which I designed to close the bargain, and consider the silver fairly purchased.

If anybody supposes I treated the old woman ill—that I acted dishonestly, and even illegally, in the matter—all I have to say is, that I only did what Abram Skinner the shaver had done a thousand times before me, and what, I have no doubt, other worthy gentlemen of his tribe have done after me. He who rides with the devil must put up with his driving; and he who deals with his nephews must look for something warmer than burnt fingers.

The transaction with Mrs. Smith was a sample of divers others, begun and conducted on the same principles, though involving more momentous profits. The system of forfeitures, as practised by a skilful hand, is applicable to all species of property, and I practised it with great effect in the case of houses and lands, and the Lord knows what besides. The "pressure" continued long; and I think I should have made a handsome fortune in the course of the winter out of this single branch of my business alone, had not destiny arrested me in the midst of a prosperous career, and left the business to be settled by my administrators.


[CHAPTER III.]

REFLECTIONS ON STOCK-JOBBING AND OTHER MATTERS.