to deal with than I have."

"Thank you!" was cuttingly replied, "but you needn't waste sympathy on me in advance. I never expect to be in your position. I would sell the shirt off of my back before I would allow a man to ask me for a dollar justly his due, without promptly paying him."

Finding that all his appeals were in vain, Layton retired from the store of his unfeeling creditor. It was too late, now, to make a confession of judgment to some other creditor, who would save, by an amicable sale, the property from sacrifice, and thus secure it for the benefit of all. Grasper had already obtained a judgment and taken out an execution, under which a levy had been made by the sheriff, and a sale was ordered to take place in a week. Nothing could now hinder the onward progress of affairs to a disastrous crisis, but the payment of the debt, or its security. As neither the one nor the other was possible, the sale was advertised, the store of Layton closed, and the sacrifice made. Goods that cost four times the amount of Grasper's claim were sold for just enough to cover it, and the residue of the stock left for the other creditors. These were immediately called together, and all that the ruined debtor possessed in the world given up to them.

"Take my furniture and all," said he. "Even after that is added to this poor remnant, your claims will be very far from satisfied. Had I dreamed that Grasper was so selfish a man as to disregard every one's interests in the eager pursuit of his own, I would, long before he had me in his power, have made a general assignment for the benefit of the whole. But it is too late now for regrets; they avail nothing. I still have health, and an unbroken spirit. I am ready to try again, and, it may be, that success will crown my efforts. If so, you have the pledge of an honest man, that every dollar of present deficit shall be made up. Can I say more?"

Fortunately for Layton, there was no Grasper among the unsatisfied portion of his creditors. He was pitied more than censured. Every man said "no" to the proposition to surrender up his household furniture.

"Let that remain untouched. We will not visit your misfortunes upon your family."

After all his goods had been sold off to the best advantage, a little over sixty cents on the dollar was paid. The loss to all parties would have been light, had Grasper not sacrificed so much to secure his own debt.

Regarding Layton as an honest man, and pitying his condition, with a large family on his hands to provide for, a few of his creditors had a conference on the subject of his affairs, which resulted in a determination to make an effort to put him on his feet again. The first thing done was to get all parties to sign a permanent release of obligations still held against him, thus making him free from all legal responsibilities for past transactions. The next thing was to furnish him with a small, saleable stock of goods, on a liberal credit.

On this basis, Layton started again in the world, with a confident spirit. The old store was given up, and a new one taken at about half the rent. It so happened, that this store was next to the one occupied by Grasper, who, now that he had got his own, and had been made sensible of the indignation of the other creditors for what he had done, felt rather ashamed to look his neighbour in the face.

"Who has taken your store?" he asked of the owner of the property next to his own, seeing him taking down the bill that had been up for a few days.

"Your old friend Layton," replied the man, who was familiar with the story of Layton's recent failure.

"You are not in earnest?" said Grasper, looking serious.

"Yes—I have rented it to Layton."

"He has just been broken up root and branch, and can't get credit for a dollar. How can he go into business?"

"Some friends have assisted him."

"Indeed! I didn't suppose a man in his condition had many friends."

"Oh, yes. An honest man always has friends. Layton is an honest man, and I would trust him now as freely as before. He has learned wisdom by experience, and, if ever he gets into difficulties again, will take good care that no one man gets an undue preference over another. His recent failure, I am told, was caused by one of his creditors, who, in the eager desire to get his own, sacrificed a large amount of property, to the injury of the other creditors."

Grasper did not venture to make any reply to this, lest he should betray, by his manner, the fact that he was the individual to whom allusion was made. He need not have been careful on this point, as the person with whom he was conversing knew very well who was the grasping creditor.

A day or two afterwards, Layton took possession of his new store, and commenced arranging his goods. Grasper felt uneasy when he saw the doors and windows open, and the goods arriving. He did not wish to meet Layton. But this could not now be avoided. Much as he loved money, and much as he had congratulated himself for the promptness by which he had secured his debt, he now more than half wished that he had been less stringent in his proceedings.

It was the custom of Grasper to come frequently to his door, and stand with his thumbs in the arm-holes of his waistcoat, and look forth with a self-satisfied air. But not once did he venture thus to stand upon his own threshold on the day Layton commenced receiving his goods. When business called him out, he was careful to step into the street, so much turned away from the adjoining store, that he could not see the face of any one who might be standing in the entrance. On returning, he would glide along close to the houses, and enter quickly his own door. By this carefulness to avoid meeting his old debtor, Grasper managed not to come into direct contact with him for some time. But this was not always to be the case. One day, just as he was about entering his store, Layton came out of his own door, and they met face to face.

"Ah! How are you, friend Layton?" he said, with an air of forced cordiality, extending his hand as he spoke. "So you have become my next-door neighbour?"

"Yes," was the quiet reply, made in a pleasant manner, and without the least appearance of resentment for the past.

"I am really glad to find you are on your feet again," said Grasper, affecting an interest which he did not feel. "For the misfortunes you have suffered, I always felt grieved, although, perhaps, I was a little to blame for hastening the crisis in your affairs. But I had waited a long time for my money, you know."

"Yes, and others will now have to wait a great deal longer, in consequence of your hasty action," replied Layton, speaking seriously, but not in a way to offend.

"I am very sorry, but it can't be helped now," said Grasper, looking a little confused. "I only took the ordinary method of securing my own. If I had not taken care of myself, somebody would have come in and swept the whole. You know you couldn't possibly have stood it much longer."

"If you think it right, Mr. Grasper, I have nothing now to say," returned Layton.

"You certainly could not call it wrong for a man to sue another who has the means, and yet refuses to pay what he owes him?"

"I think it wrong, Mr. Grasper," replied Layton, "for any man to injure others in his over-eagerness to get his own, and this you did. You seized four, times as many goods as would have paid your claim if they had been fairly sold, and had them sacrificed for one-fourth of their value, thus wronging my other creditors out of some three thousand dollars in the present, and taxing my future efforts to make good what was no better than thrown into the sea. You had no moral right to do this, although you had the power. This is my opinion of the matter, Mr. Grasper; and I freely express it, in the hope that, if ever another man is so unfortunate as to get in your debt without the means of present payment, that you will be less exacting with him than you were with me."

Grasper writhed in spirit under