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door and started to walk home, first stopping at the café down-stairs and cashing a check for $60,000. I had confidence in Old Bills, but I thought I would provide against possible failure; and I had an idea that on the way uptown I might perhaps find certain little things to please, if not satisfy, the children, which could be purchased for that sum. My surmise was correct, for, while Old Bills did his work, as will soon be shown, most admirably, I had no difficulty in expending the $60,000 on simple little things really worth having, between Pine Street and Forty-second. For instance, as I passed along Union Square I discovered a superb pair of pearl hat-pins which I knew would please my second daughter, Jenny, because they were just suited to the immediate needs of the talking doll she had received from her aunt on her birthday. They were cheap little pins, but as I paid down the $1,800 they cost in crisp hundred dollar bills they looked so stunningly beautiful that I wondered if, after all, they mightn't prove sufficient for little Jenny's whole Christmas, if Bills should fail. Then I met poor old Hobson, who has recently met reverses. He had an opera-box for sale for $2,500, and I bought it for Martha, my third daughter, who, though only seven years old, frequently entertains her little school friends with all the manner of a woman of fashion. I felt that the opera-box would please the child, although it was not on the grand tier. I also killed two birds with one stone by taking a mortgage for $10,000 on Hobson's house, by which I not only relieved poor old Hobson's immediate necessities, but, by putting the mortgage in my son Jimmy's stocking, enriched the boy as well. So it went. By the time I reached home the $60,000 was spent, but I felt that, brought up as they had been, the children would accept the simple little things I had brought home to them in the proper spirit. They were, of course, cheap, but my little ones do not look at the material value of their presents. It is the spirit which prompts the gift that appeals to them – Heaven bless 'em! I may add here, too, that my little ones did not even by their manner seem to grudge that portion of the $60,000 spent which their daddy squandered on his immediate impulses, consisting of a nickel extra to a lad who blacked his boots, thirty cents for a cocktail at the club, and a dime to a beggar who insisted on walking up Fifth Avenue with him until he was bought off with the coin mentioned – a species of blackmail which is as intolerable as it is inevitable on all fashionable thoroughfares.

      But their delight as well as my own on the following morning, when the doctor's fine work made itself manifest, was glorious to look upon. I frankly never in my life saw so magnificent a display of gifts, and I have been to a number of recent millionaire weddings, too. To begin with, the most conspicuous thing in the room was the model of a steam yacht which Old Bills had provided as the family gift to myself. It was manifest that the yacht could not be got into the house, so Bills had had the model sent, and with it the information that the yacht itself was ready at Cramp's yard to go into commission whenever I might wish to have it. It fairly took my breath away. Then for my wife was a rope of pearls as thick as a cable, and long enough to accommodate the entire week's wash should the laundress venture to borrow it for any such purpose. All the children were fitted out in furs; there were four gold watches for the boys, diamond tiaras and necklaces of pearls and brilliant rings for the girls. My eldest son received not only the horses and carriages and the Corot he wanted, but a superb gold mounted toilet set, and a complete set of golf clubs, the irons being made of solid silver, the shafts of ebony, with a great glittering diamond set in the handle of each, these all in a caddy bag of seal-skin, the fur shaved off. There was a charming little naphtha launch and a horseless carriage for Jimmy, and, as for the baby, it was very evident that Old Bills had a peculiarly tender spot in his ghostly make-up for children. I doubt if the finest toy-shops of Paris ever held toys in greater variety or more ingenious in design. There were two armies of soldiers made of aluminum which marched and fought like real little men, a band of music at the head of each that discoursed the most stirring music, cannons that fired real shot – indeed, all the glorious panoply of war was there in miniature, lacking only blood, and I have since discovered that even this was possible, since every one of the little soldiers was so made that his head could be pulled off and his body filled with red ink. Then there was a miniature office building of superb architectural design, with little steam elevators running up and down, and throngs of busy little creatures, manipulated by some ingenious automatic arrangement, rushing hither and thither like mad, one and all seemingly engaged upon some errand of prodigious commercial import. Another delightful gift for the baby was a small opera-house, and a complete troupe of little wax prime donne, and zinc tenors, and brass barytones, with patent removable chests, within which small phonographs worked so that the little things sang like so many music – boxes, while in the chairs and boxes and galleries were matinée girls and their escorts and their bonnets and their enthusiastic applause – truly I never dreamed of such magnificent things as Old Bills provided for the occasion. He had indeed got me out of my immediate difficulty, and when I went to bed that night, after the happiest Christmas I had ever known, I called down the richest blessings upon his head; and why, indeed, should I not? We had between $400,000 and $500,000 worth of presents in the house, and they had not cost me a penny, outside of the $60,000 I had spent on the way uptown, and what could be more conducive to one's happiness than such a Yuletide Klondike as that?

      This was many years ago, dear reader, before the extravagant methods of the present day crept into and somewhat poisoned the Christmas spirit, but from that day to this Old Bills has never ceased to haunt me. He has been my constant companion from that glorious morning until to-day, when I find myself telling you of him, and, save at the beginning of every recurring month, when I am always very busy and somewhat anxious about making ends meet, his society is never irksome. Once you get used to Bills he becomes a passion, and were it not for his singular name I think I should find him a constant source of joy.

      It rather dampened my ardor, I must confess, when I found that the initials of the good old doctor, U. P., stood for Un Paid, but if you can escape the chill and irksomeness of that there is no reason why the poorest of us all may not derive much real joy in life from the good things we can get through Bills.

      In justice to the readers of this little tale, I should perhaps say, in conclusion, that I read it to my wife before sending it out, and she asserts that it was all a dream, because she says she never received that rope of pearls. To which I retorted that she deserved to, anyhow – but, dream or otherwise, the visitation has truly been with me for many years, and I fear the criticism of my spouse is somewhat prompted by jealousy, for she has stated in plain terms that she would rather go without Christmas than see me constantly haunted by Bills: but, after all, it is a common condition, and it does help one at Christmas time in an era when the simple observance of the season, so characteristic of the olden time, has been superceded by a lavish expenditure which would bring ruin to the richest of us were it not for the benign influence of Bills, M.D.

      The Flunking of Watkins's Ghost

      Parley was a Freshman at Blue Haven University, and, like many other Freshmen, had a wholesome fear of examinations. In the football field he was courageous to the verge of foolhardiness, but when he sat in his chair in the examination-room, with a paper covered with questions before him, he was as timid as a fawn. There was no patent flying or revolving wedge method of getting him through the rush-line of Greek, nor by any known tackle could he down the half-backs of mathematics and kick the ball of his intellect through the goal-posts, on the other side of which lay the coveted land of Sophomoredom. Hence Parley, who had spent most of his time practicing for his class eleven, found himself at the end of his first term in a state of worry like unto nothing he had ever known before.

      "It would be tough to fail at this stage of the game," he thought, as he reflected upon what his father would say in the event of his failure. "It wouldn't be so bad to flunk later on, but for a chap to fall down at the very beginning of his race wouldn't reflect much credit on his trainer, and I think it very likely the governor would be mad about it."

      "Of course he would!" said a voice at his side. "Who wouldn't?"

      Parley jumped, he was so startled. Nor was it surprising that even so cool and physically strong a person as he should for an instant know the sensation of fear. If you or I should happen to be lying off in our room before a flickering log-fire, which furnished the only illumination, smoking a pipe, reflecting, and all alone, I think we would ourselves, superior beings as we are, be startled to hear a strange voice beside us answering our unspoken thoughts. This was exactly what had happened in Parley's case. Now that

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