There was no resisting this.  My kinsman’s apparent frankness and warmth of disposition overcame all my scruples, and I consented to borrow the money on his own terms.  John Wallingford was familiar with the conveyancing of real estate, and, with his own hand, he filled up the necessary papers, which I signed.  The money was borrowed at 5 per cent.; my cousin positively refusing to receive the legal rate of interest from a Wallingford.  Pay-day was put at six months’ distance, and all was done in due form.

“I shall not put this mortgage on record, Miles,” Jack Wallingford remarked, as he folded and endorsed the paper.  “I have too much confidence in your honesty to believe it necessary.  You have given one mortgage on Clawbonny with too much reluctance, to render it probable you will be in a hurry to execute another.  As for myself, I own to a secret pleasure in having even this incomplete hold on the old place, which makes me feel twice as much of a Wallingford as I ever felt before.”

For my part, I wondered at my kinsman’s family pride, and I began to think I had been too humble in my own estimate of our standing in the world.  It is true, it was not easy to deceive myself in this particular, and, in point of fact, I was certainly right; but when I found a man who was able to lend $40,000 at an hour’s notice, valuing himself on coming from Miles the First, I could not avoid fancying Miles the First a more considerable personage than I had hitherto imagined.  As for the money, I was gratified with the confidence John Wallingford reposed in me, had really a wish to embark in the adventure for which it supplied the means, and regarded the abstaining from recording the mortgage an act of delicacy and feeling that spoke well for the lender’s heart.

My cousin did not cast me adrift as soon as he had filled my pockets.  On the contrary, he went with me, and was a witness to all the purchases I made.  The colonial produce was duly bought, in his presence, and many a shrewd hint did I get from this cool-headed and experienced man, who, while he was no merchant, in the common sense of the term, had sagacity enough to make a first-class dealer.  As I paid for everything in ready money, the cargo was obtained on good terms, and the Dawn was soon stowed.  As soon as this was done, I ordered a crew shipped, and the hatches battened on.

As a matter of course, the constant and important business with which I was now occupied, had a tendency to dull the edge of my grief, though I can truly say that the image of Grace was never long absent from my mind, even in the midst of my greatest exertions.  Nor was Lucy forgotten.  She was usually at my sister’s side; and it never happened that I remembered the latter, without seeing the beautiful semblance of her living friend, watching over her faded form, with sisterly solicitude.  John Wallingford left me, at the end of a week, after seeing me fairly under way as a merchant, as well as ship-owner and ship-master.