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Updated: May 18, 2025
They struck a Bargain, and short was the Time before Ruin came swooping down on Captain Handsell. He had gone into the Channel trade; and they must needs have him exchequered for smuggling brandies and lace from St. Malo's.
In a few days the vessel went down the Thames from Deptford, and Ledyard thought it the happiest moment of his life; but such is the uncertainty of human expectations, while he was indulging in day-dreams of the fame and honour which awaited him, he was once more doomed to suffer the agonies of a disappointment to his hopes, the more severe, as being so near their consummation the vessel was seized by a custom-house officer, brought back, and exchequered.
Besides all that, he may make his own malt, brew his own beer, make his own candles and sugar, raise his own tobacco, and tan his own leather, without dread of being exchequered. And last, though not least, of these advantages, is the almost unlimited space which lies open for settlements.
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