and died in a few months after. He ruined his
father, who was a very cautious man, ruined three
rich farmers of Dutchess county, and came very near
ruining me. It was a sad history and mortifying
to a great many. I was advised by my counsel,
Seth P. Staples of New York, to contest the whole thing
in law. I had five or six suits on my hands at
one time, and it was nine years before I was clear
from them. What he owed me for clocks, and what
I had to pay on notes and acceptances and the expenses
of law, amounted to more than Forty Thousand Dollars.
Nine years of wakeful nights of trouble, grief and
mortification, for this profligate young man!
There never was a man more honest than I was in my
intentions to help him in his troubles, and I am quite
sure no man got so badly swindled. Every clock
maker in the state would have been glad to have sold
to him as I did. This young man was well brought
up, but bad company ruined him and others with him.
This life seems to be full of trials. In latter
years I have remembered what an old man often told
me when a boy. “Chauncey,” he says,
“don’t you know there are a thousand troubles
and difficulties?” I told him I did not know
there were; “well,” he says, “you
will find out if you live long enough.”
I have lived long enough to see ten thousand troubles,
and have found out that the saying of the old man
is true. I have narrated but a small part of my
business troubless [sic] in this brief history.
One of the most trying things to me now, is to see
how I am looked upon by the community since I lost
my property. I never was any better when I owned
it than I am now, and never behaved any better.
But how different is the feeling towards you, when
your neighbors can make nothing more out of you, politically
or pecuniarily. It makes no difference what,
or how much you have done for them heretofore, you
are passed by without notice now. It is all money
and business, business and money which make the man
now-a-days; success is every thing, and it makes very
little difference how, or what means he uses to obtain
it. How many we see every day that have ten times
as much property as they will ever want, who will
do any thing but steal to add to their estate, for
somebody to fight about when they are dead. I
see men every day sixty and seventy years old, building
up and pulling down, and preparing, as one might reasonably
suppose, to live here forever. Where will they
be in a few years? I often think of this.
My experience has been great,—I have seen
many a man go up and then go down, and many persons
who, but a few years ago, were surrounded with honors
and wealth, have passed away. The saying of the
wise man is true—all is “vanity of
vanities” here below. It is now a time of
great action in the world but not much reflection.