So the Scotch-Southern planter had been one of the bearers at the old Carroll’s funeral, and the son, when he had formulated his business schemes, had gone to this friend with them, and with his proposal for the sale of the Carroll property. The boy, who was honorable to the finish, had been loath to ask, in the then reduced state of the property, for a loan on mortgage to the extent which he would require; therefore he proposed this conditional sale as offering rather better, or at least more evident, security, and he regarded it in his own mind as practically amounting to the same thing. He was as sure of his being able to purchase back his own, should he secure the necessary funds, as he would have been of paying up the mortgage. The advance price would about twice cover the interest at a goodly rate, had the affair been conducted on the mortgage basis. Arthur himself had proposed that, and “I will of course pay for any improvements you may have made in the mean time,” he said. There was nothing in the least mean or ungenerous about Arthur Carroll. He meant, on the whole, rather more squarely to his fellow-men than to himself.
Then with the money obtained from the sale of his patrimony he went to work on his coal-mine. A very trifle of a beginning had been made on it before the war, so he had not actually to break the first ground. The previous owner had died bankrupt from lack of capital, and his minor daughter had inherited it. It was from the minor daughter that the elder Carroll had purchased it, partly with a view to assisting the child, who had been left penniless except for the mine, at the death of her father, who was of a distant branch of Carroll’s own family. With the proceeds of the sale the girl was supported and educated; then she lost the remainder through the dishonesty of her guardian. That was the year after young Carroll began to work the mine. Then he married her. She was a beautiful girl, and helpless as a flower. He married her without a cent to support her except the old coal-mine, and he worked as hard and bravely as a man could. And he prospered, to the utter amazement of everybody who watched him, and who had prophesied failure from the start. In four years he was looked upon with respect. People said he was fast getting rich. He went to the man who had bought the Carroll place, at the end of the four years, with the money in his hand and proposed purchasing it. He had not a doubt, such was his trust in the friendliness of the man, that he would gladly consent and pat him on the back with fatherly affection for his success; but, to his amazement, he was refused, although still under the guise of the purest philanthropy.
“No, Arthur, boy,” he said. “It is best for you to keep the money in your business awhile longer. It will not do, in a big undertaking like a mine, for you to be creepled. No, Arthur, boy, wait until the next year is up. It is for your good.”
In vain Arthur offered an advance upon the original advance price. “No, Arthur, boy,” he repeated.