"True benevolence does not always require us to give alms," said the Friend. "We may do much to aid, comfort and help on with their burdens our fellow travellers, and yet not bestow upon them what is called charity. Mere alms-giving, as thee has intimated, but too often encourages vice and idleness. But thee desires to find a worthy object of benevolence. Let us see if we cannot find one, What have we here?" And as the Quaker said this he paused before a building, from the door of which protruded a red flag, containing the words, "Auction this day." On a large card just beneath the flag was the announcement, "Positive sale of unredeemed pledges."

"Let us turn in here," said the Quaker. "No doubt we shall find enough to excite our sympathies."

Mr. Edwards thought this a strange proposal; but he felt a little curious, and followed his companion without hesitation.

The sale had already begun, and there was a small company assembled. Among them, the merchant noticed a young woman whose face was partially veiled. She was sitting a little apart from the rest, and did not appear to take any interest in the bidding. But he noticed that, after an article was knocked off, she was all attention until the next was put up, and then, the moment it was named, relapsed into a sort of listlessness or abstraction.

The articles sold embraced a great variety of things useful and ornamental. In the main they were made up of watches, silver plate, jewellery and wearing apparel. There were garments of every kind, quality and condition, upon which money to about a fourth of their real value had been loaned; and not having been redeemed, they were now to be sold for the benefit of the pawnbroker.

The company bid with animation, and article after article was sold off. The interest at first awakened by the scene, new to the young merchant, wore off in a little while, and turning to his companion he said—"I don't see that much is to be gained by staying here."

"Wait a little longer, and perhaps thee will think differently," returned the Quaker, glancing towards the young woman who has been mentioned, as he spoke.

The words had scarcely passed his lips, when the auctioneer took up a small gold locket containing a miniature, and holding it up, asked for a bid.

"How much for this? How much for this beautiful gold locket and miniature? Give me a bid. Ten dollars! Eight dollars! Five dollars! Four dollars—why, gentlemen, it never cost less than fifty! Four dollars! Four dollars! Will no one give four dollars for this beautiful gold locket and miniature? It's thrown away at that price."

At the mention of the locket, the young woman came forward and looked up anxiously at the auctioneer. Mr. Edwards could see enough of her face to ascertain that it was an interesting and intelligent one, though very sad.