Mr. Bolton was ten years younger the next morning.  He went into the city, and showed his letter on change.  It was the sort of news his friends were quite willing to listen to.  They took a new interest in him.  If it was confirmed, Bolton would come right up again.  There would be no difficulty about his getting all the money he wanted.  The money market did not seem to be half so tight as it was the day before.  Mr. Bolton spent a very pleasant day in his office, and went home revolving some new plans, and the execution of some projects he had long been prevented from entering upon by the lack of money.

The day had been spent by Philip in no less excitement.  By daylight, with Philip’s letters to the mail, word had gone down to Ilium that coal had been found, and very early a crowd of eager spectators had come up to see for themselves.

The “prospecting” continued day and night for upwards of a week, and during the first four or five days the indications grew more and more promising, and the telegrams and letters kept Mr. Bolton duly posted.  But at last a change came, and the promises began to fail with alarming rapidity.  In the end it was demonstrated without the possibility of a doubt that the great “find” was nothing but a worthless seam.

Philip was cast down, all the more so because he had been so foolish as to send the news to Philadelphia before he knew what he was writing about.  And now he must contradict it.  “It turns out to be only a mere seam,” he wrote, “but we look upon it as an indication of better further in.”

Alas!  Mr. Bolton’s affairs could not wait for “indications.”  The future might have a great deal in store, but the present was black and hopeless.  It was doubtful if any sacrifice could save him from ruin.  Yet sacrifice he must make, and that instantly, in the hope of saving something from the wreck of his fortune.

His lovely country home must go.  That would bring the most ready money.  The house that he had built with loving thought for each one of his family, as he planned its luxurious apartments and adorned it; the grounds that he had laid out, with so much delight in following the tastes of his wife, with whom the country, the cultivation of rare trees and flowers, the care of garden and lawn and conservatories were a passion almost; this home, which he had hoped his children would enjoy long after he had done with it, must go.

The family bore the sacrifice better than he did.  They declared in fact —­women are such hypocrites—­that they quite enjoyed the city (it was in August) after living so long in the country, that it was a thousand tunes more convenient in every respect; Mrs. Bolton said it was a relief from the worry of a large establishment, and Ruth reminded her father that she should have had to come to town anyway before long.

Mr. Bolton was relieved, exactly as a water-logged ship is lightened by throwing overboard the most valuable portion of the cargo—­but the leak was not stopped.  Indeed his credit was injured instead of helped by the prudent step be had taken.  It was regarded as a sure evidence of his embarrassment, and it was much more difficult for him to obtain help than if he had, instead of retrenching, launched into some new speculation.