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doubts whether he had not himself been a little too ready to believe the charge of Agrarianism when preferred against a large number of the people of France, whom he had treated with grape-shot by way of teaching them respect for the rights of property. There is nothing like bringing injustice home to a man to open his eyes to its evil nature. Of all public men of our generation who have signally failed, Cavaignac must be held the most unfortunate; for his intentions were excellent, and he died just as circumstances were about to afford him an opportunity to retrieve his fame. His last days must have been the reverse of agreeable in their retrospect; for it must constantly have been forced upon his mind that he had been made the chief instrument in the work of fastening upon the country he loved the most odious of the many despotic governments it has known,—a government that confesses its inability to stand against the "paper shot" of journalists, and which has shackled the press after the fashion of Austrian and Russian dynasties; and all this had taken place, as he must have seen in his retirement, as the consequence of his having mistaken the voice of a party for the voice of France. The lesson is one that ought to go home to the hearts of all public men, and to those of American statesmen in particular, some of the ablest of whom are now engaged in doing the behests of an oligarchical faction in the name of the interests of property.

* * * * *

      BULLS AND BEARS

[Continued]

      CHAPTER XIX

      A slow and weary walk had Mr. Lindsay from the station to his house. It was after sunset, dark and cold, as he turned in at the gate. The house was dimly lighted, and no one save the Newfoundland dog came to greet him at the door. He did not hear his daughter singing as she was accustomed at evening. There were no pleasant voices, no light and cheerful steps in the rooms. All was silence. The ill news had preceded him. His wife without a word fell on his bosom and wept. Clara kept her seat, trying in vain, while her lip quivered and her eyes dimmed, to fix her attention upon the magazine she had held rather than read. At length Mr. Lindsay led his wife to the sofa and sat beside her, holding her hand with a tenderness that was as soothing as it was uncommon. Prosperity had not hardened his heart, but business had preoccupied it; though his manner had been kind, his family had rarely seen in him any evidence of feeling.

      Misfortune had now brought back the rule of his better nature, and the routine life he had led was at an end.

      "My dear wife, what I have most dreaded in this crash is the pain, the anxiety, and the possible discomfort it would bring to you and to Clara. For myself I care nothing. It is a hard trial, but I shall conform to our altered circumstances cheerfully."

      "And so shall we, father," said Clara. "We shall be happy with you anywhere."

      "One thing, I am sure, you can never lose," said Mrs. Lindsay,—"and that is an honorable name."

      "I have tried to do my duty. I gave up only when I found I must. But my duty is not yet done."

      "Why, father?"

      "My creditors have claims which I regard as sacred, and which must be paid, ultimately, at whatever sacrifice."

      "Won't the property at the store be enough when you can sell it?" asked Mrs. Lindsay. "You have spoken of the quantity of goods you had on hand."

      "I can't say, my dear. It depends upon how much time I have. If I could have effected sales, I should have been safe."

      "If they have the goods, won't they be satisfied?" asked Clara.

      "You don't understand, my daughter, that all I have is at their command. If the property does not liquidate the debts, then the house, the carriage and horses, the furniture, the"–

      The possible surrender of all that had made life pleasant to his family was not to be considered without emotion, and Mr. Lindsay found himself unable to finish the sentence.

      "Dear father!" exclaimed Clara, seizing and kissing his hand, as she sat down at his feet,—"you are just and noble. We could not be selfish or complaining when we think of you. Let everything go. I love the dear old house, the garden that has been your pride, the books and pictures; but we shall be nearer together—shan't we, papa?—in a cottage. If they do sell my piano, I can still sing to you; nobody can take that pleasure from us."

      "Bless you, my daughter! I feel relieved,—almost happy. Your cheerful heart has given me new courage. Perhaps we shall not have to make the sacrifices I dread. Whatever happens, my darling, your piano shall be kept. I will sell my watch first. Your music will be twice as dear in our days of adversity."

      "Yes, papa,—if we keep the piano, I can give lessons."

      "You give lessons? Nonsense! But get up, pussy; here, sit on my knee."

      He fondled her like a child, and they all smiled through their tears,—heavenly smiles! blissful tears! full of a feeling of which the heart in prosperous days has no conception!

      "One thing has happened to-day," said Mr. Lindsay, "that I shall never forget,—an action so generous and self-forgetful that it makes one think better of mankind. I remember hearing a preacher say that no family knew all their capabilities of love until death had taken one of their number,—not their love for the dead, but their deeper affection for each other after the loss. I suppose every calamity brings its compensations in developing noble traits of character; and it is almost an offset to failure itself to have such an overflowing feeling as this,—to know that there are so many sympathizing hearts. But what I was going to speak of was the conduct of my clerk, Monroe. He is a fine fellow,—rather more given to pictures and books and music than is good for a business man; but with a clear head, a man's energy, and a woman's heart. He has a widowed mother, whom he supports. I never knew he had any property till to-day. It seems his father left ten thousand dollars. He knew that my situation was desperate, and yet he offered me his all. It would only have put off the day of failure; but I was selfish enough to be willing to take it. He had deposited the securities for the amount with Sandford, who first borrowed money in the street by pledging them, and then failed to-day. Monroe has lost his all; but his intention was as noble as if he had saved me. I shall never forget it; and as long as I have a dollar he shall share it."

      "What a noble fellow!" said Mrs. Lindsay. "How pleasant to think that in this terrible scramble for life there are some who have not lost their humanity, nor trampled down their finer feelings!"

      "I couldn't but contrast this kindness on the part of a clerk, for whom I have never done anything beyond paying him his well-earned salary, with the conduct of Mr. Bullion. I gave him my indorsement repeatedly, and assisted him in procuring loans, when he was not so rich as he is now. I know he has resources, ready money,—money that he does not need for any outstanding debts, but which he must keep for speculation. But he refused to do anything. 'Couldn't,' he said, 'really; times were hard; everybody wanted to borrow; couldn't lend to everybody; hadn't the funds; much as he could do to stand up himself.' There was no sincerity in his look. I saw his soul skulking away behind his subterfuges like a spider in the depths of his flimsy web. He seems to thrive, however, in the midst of general ruin. I've no doubt he lives like a vulture, on the dead and dying."

      "Is Mr. Bullion that short man, father, with the cold eyes and gruff voice, and the queer eyebrow which he seems to poke at people?"

      "Yes, my daughter, that is the man."

      "Well, I'm sure, he is coarse, disagreeable, hard-hearted. I'm glad you are not under obligations to him."

      "My only regret is that I had the mortification of being refused. I wish I had never asked him. I can't think of his look and tone without a pang of shame, or wounded pride, if you choose to call it so, harder to bear than a blow in the face. I had a claim upon his gratitude, but he remembers a favor no more than a wolf does the mutton he ate a year ago.—But enough of business. The bitterness has passed since we have talked together. Let us be cheerful. Come, Clara, sing some of those sweet old ballads!"

      From her infancy until now in her twentieth year, Clara had been constantly with her father,—but she had never known him before.

      CHAPTER XX

      Early next morning the officer in charge of Mr. Sandford's house was relieved by a brother constable. Number Two was a much more civil person in speech and

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