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I have still one great consolation here, and that is the rage and fury of the sqireens at the poor rates; six and sixpence in the pound with an estate mortgaged right up to high-water mark and the year's income anticipated is not the very most delightful prospect possible. "The crows are very fat and very plenty. They sit on the roadside and look at you with a kind of right of property.
The Webster family were still very poor. Judge Webster was now too old to do much work of any kind. The farm had been mortgaged for all that it was worth. It was hard to find money enough to keep Daniel at his law studies and Ezekiel in college. At last it became necessary for one of the young men to do something that would help matters along.
"It will be hard to borrow, if you will not pay interest." It would be a happy condition if no one should want to borrow except in urgent need from an accidental strait; if that old independent, self-reliant spirit that refused to be indebted to any man could be universal, that preferred frank and honest poverty in a cabin, to a sham affluence in a mortgaged palace.
"He's mortgaged his farm!" said a third young man; when his voiced sounded, the very slightest of movements of Norah's head betrayed that she listened. "I'd mortgage two farms if I had them," was the gallant comment from the first man, "if Miss Norah needed votes."
He had mortgaged his farm to help the Confederate cause and to pay indemnity for a guerilla raid, and Jerome Conners held his notes for large amounts. "The lawyer told me that he believed some of the notes were forged, but he couldn't prove it. He says it is doubtful if more than the house and a few acres will be left." A light broke in on Chad's brain. "He told you?" Margaret blushed.
"David Southern has inherited a lot of debts from his father, who only died last year, and he had piled up a good many on his own account before then, never suspecting that he would not be very well off. But he found the place mortgaged up to the hilt.
"Well, what with the money going here and there and everywhere, they found when the present squire's father died that there was very little left; and worse than all, that some of the land was sold, and what remained was heavily mortgaged. It's what often happens to old families, sir, more's the pity!" "Yes," said Stafford. "And is the present squire like his father?"
They played a good hand devilish badly or we should have won out." "The devil you would! We beat you from first to last at odds against of two to one nearly. I reckon, Mr. Pirate, you undertook too big a round-up," grinned the cattleman. "Fortunately there is always a to-morrow," retorted Bothwell with a bow. "Sometimes it's mortgaged to Jack Ketch." "I'll wager he doesn't foreclose, Mr.
Since he was ruined, he might as well ascertain how it had happened, and two facts became obvious from his study of the document: Herbert had sold sound securities, and had mortgaged land; and then placed the proceeds in rubber shares.
If you would know the history of these homesteads, inquire at the bank where they are mortgaged. The man who has actually paid for his farm with labor on it is so rare that every neighbor can point to him. I doubt if there are three such men in Concord. What has been said of the merchants, that a very large majority, even ninety-seven in a hundred, are sure to fail, is equally true of the farmers.
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