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“Really, Mrs. Lee, it is impossible just now; I am entirely out of money. But my salary will be due in three weeks, and then I will pay you up the whole. You must make your landlord wait until that time. I am very sorry to put you to this trouble. But it will never happen again.”

The young man really did feel sorry, and expressed it in his face as well as in the tone of his voice.

“Can’t you let me have one or two dollars, Mr. Peyton? I am entirely out of money.”

“It is impossible–I haven’t a shilling left. But try and wait three weeks, and then it will all come to you in a lump, and do you a great deal more good than if you had it a dollar at a time.”

Mrs. Lee retired slowly, and with a disappointed air. The young man sighed heavily as she closed the door after her. He had been too generous, and now he could not be just. The buggy in which he had driven out with his friend on that day had cost him his last two dollars–a sum which would have lightened the heart of his poor washerwoman.

“The fact is, my salary is too small,” said he, rising and walking about his room uneasily. “It is not enough to support me. If the account were fully made up, tailor’s bill, bootmaker’s bill, and all, I dare say I should find myself at least three hundred dollars in debt.”

Merwin received the same salary that he did, and was just three hundred dollars ahead. He dressed as well, owed no man a dollar, and was far happier. It is true, he was not called a “fine, generous fellow,” by persons who took good care of their own money, while they were very willing to enjoy the good things of life at a friend’s expense. But he did not mind this. The want of such a reputation did not disturb his mind very seriously.

After Mrs. Lee had been gone half an hour, Peyton’s door was flung suddenly open. A young man, bounding in, with extended hand came bustling up to him.

“Ah, Peyton, my fine fellow! How are you? how are you?” And he shook Peyton’s hand quite vigorously.

“Hearty!–and how are you, Freeman?”

“Oh, gay as a lark. I have come to ask a favour of you.”

“Name it.”

“I want fifty dollars.”

Peyton shrugged his shoulders.

“I must have it, my boy! I never yet knew you to desert a friend, and I don’t believe you will do so now.”

“Suppose I haven’t fifty dollars?”

“You can borrow it for me. I only want it for a few days. You shall have it back on next Monday. Try for me–there’s a generous fellow!”

“There’s a generous fellow,” was irresistible. It came home to Peyton in the right place. He forgot poor Mrs. Lee, his unpaid tailor’s bill, and sundry other troublesome accounts.

“If I can get an advance of fifty dollars on my salary to-morrow, you shall have it.”

“Thank you! thank you! I knew I shouldn’t have to ask twice when I called upon Henry Peyton. It always does me good to grasp the hand of such a man as you are.”

On the next day, an advance of fifty dollars was asked and obtained. This sum was loaned as promised. In two weeks, the individual who borrowed it was in New Orleans, from whence he had the best of reasons for not wishing to return to the north. Of course, the generous Henry Peyton lost his money.

An increase of salary to a thousand dollars only made him less careful of his money. Before, he lived as freely as if his income had been one-third above what it was; now, he increased his expenses in a like ratio. It was a pleasure to him to spend his money–not for himself alone, but among his friends.

It is no cause of wonder, that in being so generous to some, he was forced to be unjust to others. He was still behindhand with his poor old washer-woman–owed for boarding, clothes, hats, boots, and a dozen other matters–and was, in consequence, a good deal harassed with duns. Still, he was called by some of his old cronies, “a fine, generous fellow.” A few were rather colder in their expressions. He had borrowed money from them, and did not offer to return it; and he was such a generous-minded young man, that they felt a delicacy about calling his attention to it.