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I said, "Why should I do that, Ned? I am not borrowing this money of Viedler. This is not to benefit me it is to help you and save those pearls." "Yes, I know," he replied, "but Viedler is a queer sort of chap. He has been putting up a lot of money for me. He wants this done this way and I want to humor him. It will help me and won't hurt you. Payment will never be demanded of you."

At the time of his failure he was indebted to me five thousand dollars. A day or two before the event he brought me a package of unset pearls which he valued at eight thousand dollars and requested me to hold them as security. Mr. Viedler, who also was a creditor, was abroad.

Some months later I was informed, to my complete astonishment, that Mr. Viedler had some feeling against me because I had not protected him on that note for five thousand dollars he held and which it will be remembered I gave to Banford in 1893 without any consideration and solely as a matter of accommodation to him.

This he declined, and it became evident to me he knew there was no cause for the feeling he claimed to have, and his refusing to aid me was simply for the reason he did not want to, which, of course, was his indisputable right. Well; Viedler had failed me, who next?

This sort of talk went on daily until one morning he told me that the day previous he had an offer of a lot of precious stones for five thousand dollars which he could have turned over inside of thirty days with a profit of two thousand dollars, but had to pass it because Mr. Viedler was out of town.

He had been warmly sympathetic in his expressions of regret at my misfortune. He and Mrs. Viedler had always shown a cordial fondness for us, which we reciprocated. The social intimacy had been close and always delightful.

My bankers, within certain reasonable limits and restrictions, promised me their assistance, and I believed I would soon again be on the highway to prosperity. The first step was to raise the twenty-two thousand five hundred dollars to complete the capitalization. This seemed easy; why not? There was my friend Viedler; a man worth several millions.

And there is another large steamer how about that one? No help for us there. We sailed in company for years, but now that steamer, the Viedler, is bound on a voyage of discovery to the North Pole and has no desire to aid a craft which has met with disaster, even though manned by old friends. And so it is with all the rest. See all those small boats not one but has seen our signals of trouble.

Viedler, a multi-millionaire at that time, has since largely increased his fortune and is now the controlling interest in a prominent trust of comparatively recent formation. They had been Brooklynites but bought a fine house on Fifth Avenue. We first met them on the occasion of a dinner given in their honor by Mr. and Mrs. Curtice, to welcome them to New York. Mr. Curtice is a nephew of Mrs.

By return mail came a brief reply, typewritten and signed by his secretary: "Mr. Viedler makes no more personal loans." That was the sum and substance of the communication, and the first intimation I had that another friend had deserted us. It was such a surprise that I did not fully realize the fact until I had re-read the letter.