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Arthur, T. S. (Timothy Shay), 1809-1885

"The Good Time Coming"

"
"You and I have both lived long enough in the world," said Markland,
"to know that our wills cannot always produce in others the actions
we desire."
"True enough. But there are wills on the other side of the Atlantic
as well as here, and wills acting in concert with ours. Have no
concern on this head; the English advances will be along in good
season. In the mean time, if more money is wanted, our credit is
good to almost any amount."
This proposition in regard to credit was no mere temporary
expedient, thought of at the time, to meet an unexpected
contingency. It had been all clearly arranged in the minds of
Fenwick and other ruling spirits in New York, and Markland was not
permitted to leave before his name, coupled with that of "some of
the best names in the city," was on promissory notes for almost
fabulous amounts.
Taking into account the former business experience of Mr. Markland,
his present reckless investments and still more reckless signing of
obligations for large sums, show how utterly blind his perceptions
and unsettled his judgment had become.


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