"It spared him some mortification, certainly. You will see him, perhaps, before you leave town; he will take it kind. And if you have any influence with him—(he will be inclined to listen, perhaps just now, to you more than to me—being more of his own age, he will give you credit for entering into his feelings)—do try and dissuade him from forming any wild schemes, to which he seems rather inclined. He has some kind friends, no doubt; and remember, if there is any thing in which I can be of use to him, he shall have my aid—even to the half of my kingdom—that is, my tutorship."

And with a smile and tone which seemed a mixture of jest and earnest, Mr Ormiston wished me good-morning. He was to leave for Oxford that night.

Of Russell's address in town I was up to this moment ignorant, but resolved to find it out, and see him before my return to the University. The next morning, however, a note arrived from him, containing a simple request that I would call. I found him at the place from which he wrote—one of those dull quiet streets that lead out of the Strand—in very humble lodgings; his father's private establishment having been given up, it appeared, immediately. The moment we met, I saw at once, as I expected, that the blow which, to Ormiston, had naturally seemed so terrible a one—no less than the loss, to a young man, of the wealth, rank, and prospects in life to which he had been taught to look forward—had been, in fact, to Russell a merciful relief. The failure of that long-celebrated and trusted house, which was causing in the public mind, according to the papers, so much "consternation" and "excitement," was to him a consummation long foreseen, and scarcely dreaded. It was only the shadow of wealth and happiness which he had lost now; its substance had vanished long since. And the conscious hollowness and hypocrisy, as he called it, of his late position, had been a far more bitter trial to a mind like his, than any which could result from its exposure. He was one to hail with joy any change which brought him back to truth and reality, no matter how rude and sudden the revulsion.

He met me with a smile; a really honest, almost a light-hearted smile. "It is come at last, Hawthorne; perhaps it would be wrong, or I feel as if I could say, thank God. There is but one point which touches me at all; what do they say about my father?" I told him—fortunately, my acquaintance lying but little among men of business, I could tell him so honestly—that I had not heard a syllable breathed to his discredit.

"Well, well; but they will, soon. Oh! Hawthorne; the utter misery, the curse that money-making brings with it! That joining house to house, and field to field, how it corrupts all the better part of a man's nature! I vow to you, I believe my father would have been an honest man if he had but been a poor one! If he had never had any thing to do with interest tables, and had but spent his capital, instead of trying to double and redouble it! One thing I have to thank him for; that he never would suffer me to imbibe any taste for business; he knew the evil and the pollution money-handling brings with it—I am sure he did; he encouraged me, I fear, in extravagance; but I bless him that he never encouraged me in covetousness."

He grew a little calmer by degrees, and we sat down and took counsel as to his future plans. He was not, of course, without friends, and had already had many offers of assistance for himself and his sister; but his heart appeared, for the present, firmly bent upon independence. Much to my surprise, he decided on returning at once to Oxford, and reading for his degree. His sister had some little property settled upon her—some hundred and fifty pounds a-year; and this she had insisted on devoting to this purpose.

"I love her too well," said Russell, "to refuse her: and trifling as this sum is,—I remember the time when I should have thought it little to keep me in gloves and handkerchiefs,—yet, with management, it will be more than I shall spend in Oxford. Of course, I play the gentleman-commoner no longer; I shall descend to the plain stuff gown."

"You'll go to a hall, of course?" said I; for I concluded he would at least avoid the mortification of so palpable a confession of reduced circumstances as this degradation of rank in his old College would be.

"I can see no occasion for it; that is, if they will allow me to change; I have done nothing to be ashamed of, and shall be much happier than I was before. I only strike my false colours; and you know they were never carried willingly."

I did not attempt to dissuade him, and soon after rose to take my leave.