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with fair success in any business which he undertook。  So it

happened that at ten o'clock he had sold out his stock of papers;

and realized a profit of fifty cents。



It was getting late for morning papers; and there was nothing

left to do till the issue of the first edition of the afternoon

papers。



〃I'll go down and see how George Barry is getting along;〃 thought

Paul。



He crossed Broadway and soon reached the familiar stand。



〃How's business; George?〃 he inquired。



〃Fair;〃 said Barry。  〃I've sold four ties。〃



〃How do you feel?〃



〃I'm not so strong as I was; yet。  I get tired more easily。  I

don't think I shall stay in this business long。〃



〃You don't?  What will you do then?〃



〃I've got a chance in Philadelphia; or I shall have by the first

of the month。〃



〃What sort of a chance?〃



〃Mother got a letter yesterday from a cousin of hers who has a

store on Chestnut street。  He offers to take me as a clerk; and

give me ten dollars a week at first; and more after a while。〃



〃That's a good offer。  I should like to get one like it。〃



〃I'll tell you what; Paul; you'd better buy out my stand。  You

know how to sell ties; and can make money。〃



〃There's only one objection; George。〃



〃What's that?〃



〃I haven't got any capital。〃



〃It don't need much。〃



〃How much?〃



〃I'll sell out all my stock at cost price。〃



〃How much do you think there is?〃



〃About twenty…five dollars' worth。  Then there is the frame;

which is worth; say ten dollars; making thirty…five in all。  That

isn't much。〃



〃It's more than I've got。  I'll tell you what I'll do。  I'll take

it; and pay you five dollars down and the rest in one month。〃



〃I would take your offer; Paul; but I need all the money how。  It

will be expensive moving to Philadelphia and I shall want all I

can get。〃



〃I wish I could buy you out;〃 said Paul; thoughtfully。



〃Can't you borrow the money?〃



〃How soon do you want to give up?〃



〃It's the seventeenth now。  I should like to get rid of it by the

twenty…second。〃



〃I'll see what I can do。  Just keep it for me till to…morrow。〃



〃All right。〃



Paul walked home revolving in his mind this unexpected

opportunity。  He had made; as George Barry's agent; a dollar a

day; though he received only half the profits。  If he were

himself the proprietor; and did equally well; he could make

twelve dollars a week。  The calculation almost took away his

breath。  Twelve dollars a week would make about fifty dollars a

month。  It would enable him to contribute more to the support of

the family; and save up money besides。  But the great problem

was; how to raise the necessary money。  If Paul had been a

railroad corporation; he might have issued first mortgage bonds

at a high rate of interest; payable in gold; and negotiated them

through some leading banker。  But he was not much versed in

financial schemes; and therefore was at a loss。  The only wealthy

friend he had was Mr。 Preston; and he did not like to apply to

him till he had exhausted other ways and means。



〃What makes you so sober; Paul?〃 asked his mother; as he entered

the room。  〃You are home early。〃



〃Yes; I sold all my papers; and thought I would take an early

dinner; so as to be on hand in time for the first afternoon

papers。〃



〃Don't you feel well?〃



〃Tiptop; but I've had a good offer; and I'm thinking whether I

can accept it。〃



〃What sort of an offer?〃



〃George Barry wants to sell out his stand。〃



〃How much does he ask?〃



〃Thirty…five dollars。〃



〃Is it worth that?〃



〃Yes; it's worth all that; and more; too。  If I had it I could

make two dollars a day。  But I haven't got thirty…five dollars。〃



〃I can let you have nine; Paul。  I had a little saved up; and I

haven't touched the money Mr。 Preston paid me for the shirts。〃



〃I've got five myself; but that will only make fourteen。〃



〃Won't he wait for the rest?〃



〃No; he's going to Philadelphia early next week; and wants the

whole in cash。〃



〃It would be a pity to lose such a good chance;〃 said Mrs。

Hoffman。



〃That's what I think。〃



〃You could soon save up the money on two dollars a day。〃



〃I could pay for it in a monthI mean; all above the fourteen

dollars we have。〃



〃In a day or two I shall have finished the second half…dozen

shirts; and then I suppose Mr。 Preston will pay me nine dollars

more。  I could let you have six dollars of that。〃



〃That would make twenty。  Perhaps George Barry will take that。 

If he won't I don't know but I will venture to apply to Mr。

Preston。〃



〃He seems to take an interest in you。  Perhaps he would trust you

with the money。〃



〃I could offer him a mortgage on the stock;〃 said Paul。



〃If he has occasion to foreclose; he will be well provided with

neckties;〃 said Mrs。 Hoffman; smiling。



〃None of which he could wear。  I'll tell you what; mother; I

should like to pick up a pocketbook in the street; containing;

say; twenty or twenty…five dollars。〃



〃That would be very convenient;〃 said his mother; 〃but I think it

will hardly do to depend on such good luck happening to you。  By

the way;〃 she said; suddenly; 〃perhaps I can help you; after all。



Don't you remember that gold ring I picked up in Central Park two

years ago?〃



〃The one you advertised?〃



〃Yes。  I advertised; or; rather; your father did; but we never

found an owner for it。〃



〃I remember it now; mother。  Have you got the ring still?〃



〃I will get it。〃



Mrs。 Hoffman went to her trunk; and; opening it; produced the

ring referred to。  It was a gold ring with a single stone of

considerable size。



〃I don't know how much it is worth;〃 said Mrs。 Hoffman; 〃but if

the ring is a diamond; as I think it is; it must be worth as much

as twenty dollars。〃



〃Did you ever price it?〃



〃No; Paul; I have kept it; thinking that it would be something to

fall back upon if we should ever be hard pressed。  As long as we

were able to get along without suffering; I thought I would keep

it。  Besides; I had another feeling。  It might belong to some

person who prized it very much; and the time might come when we

could find the owner。  However; that is not likely after so long

a time。  So; if you cannot raise the money in any other way; you

may sell the ring。〃



〃I might pawn it for thirty days; mother。  By that time I should

be able to redeem it with the profits of my business。〃



〃I don't think you could get enough from a pawn…broker。〃



〃I can try; at any rate; but first I will see George Barry; and

find out whether he will take twenty dollars down; and the rest

at the end of a month。〃



Paul wrapped up the ring in a piece of paper; and deposited it in

his vest pocket。  He waited till after dinner; and then went at

once to the necktie stand; where he made the proposal to George

Barry。



The young man shook his head。



〃I'd like to oblige you; Paul;〃 he said; 〃but I must have the

money。  I have an offer of thirty…two dollars; cash; from another

party; and I must take up with it if I can't do any better。  I'd

rather sell out to you; but you know I have to consult my own

interest。〃



〃Of course; George; I can't complain of that。〃



〃I think you will be able to borrow the money somewhere。〃



〃Most of my friends are as poor as myself;〃 said Paul。  〃Still; I

think I shall be able to raise the money。  Only wait for me two

days。〃



〃Yes; Paul; I'll wait that long。  I'd like to sell out to you; if

only because you have helped me when I was sick。  But for you all

that would have been lost time。〃



〃Where there's a will there's a way; George;〃 said Paul。  〃I'm

bound to buy your stand and I will raise the money somehow。〃



Paul bought a few papers; for he did not like to lose the

afternoon trade; and in an hour had sold them all off; realizing

a profit of twenty cents。  This made his profits for the day

seventy cents。



〃That isn't as well as I used to do;〃 said Paul to himself; 〃but

perhaps I can make something more by and by。  I will go now and

see what I can get for the ring。〃



As he had determined; he proceeded to a pawnbroker's shop which

he had often passed。  It was on Chatham street; and was kept by

an old man; an Englishman by birth; who; though he lived meanly

in a room behind his shop; was popularly supposed to have

accumulated a considerable fortune。







CHAPTER XV



THE PAWNBROKER'S SHOP



Stuffed behind the counter; and on the shelves of the

pawnbroker's shop; were articles in almost endless variety。  All

was fish that came to his net。  He was willing to advance on

anything that had a marketable value; and which promised to yield

him; I was about to say; a fair profit。  But a fair profit was

far from satisfying the old man。  He demanded an extortionate

profit from those whom ill…fortune drove to his door for relief。



Eliakim Henderson; for that was his name; was a small man; with a

bald head; scattering yellow whiskers; and foxlike eyes。 

Spiderlike he waited for the flies who flew of their own accord

into his clutches; and took care not to let them go until he had

levied a large tribute。  When Paul entered the shop; there were

three customers ahead of him。  One was a young woman; whose pale

face and sunken cheeks showed that she was waging an unequal

conflict with disease。  She was a seamstress by occupation; and

had to work fifteen hours a day to earn the little that was

barely sufficient to keep body and soul together。  Confined in

her close little room on the fourth floor; she scarcely dared to

snatch time to look out of the window into the street beneath;

lest she should not be able to complete her allotted task。  A two

days' sickness had compelled her to have recourse to Eliakim

Henderson。  She had under her arm a small bundle covered with an

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