“Thank you!” was cuttingly replied, “but you needn’t waste sympathy on me in advance.  I never expect to be in your position.  I would sell the shirt off of my back before I would allow a man to ask me for a dollar justly his due, without promptly paying him.”

Finding that all his appeals were in vain, Layton retired from the store of his unfeeling creditor.  It was too late, now, to make a confession of judgment to some other creditor, who would save, by an amicable sale, the property from sacrifice, and thus secure it for the benefit of all.  Grasper had already obtained a judgment and taken out an execution, under which a levy had been made by the sheriff, and a sale was ordered to take place in a week.  Nothing could now hinder the onward progress of affairs to a disastrous crisis, but the payment of the debt, or its security.  As neither the one nor the other was possible, the sale was advertised, the store of Layton closed, and the sacrifice made.  Goods that cost four times the amount of Grasper’s claim were sold for just enough to cover it, and the residue of the stock left for the other creditors.  These were immediately called together, and all that the ruined debtor possessed in the world given up to them.

“Take my furniture and all,” said he.  “Even after that is added to this poor remnant, your claims will be very far from satisfied.  Had I dreamed that Grasper was so selfish a man as to disregard every one’s interests in the eager pursuit of his own, I would, long before he had me in his power, have made a general assignment for the benefit of the whole.  But it is too late now for regrets; they avail nothing.  I still have health, and an unbroken spirit.  I am ready to try again, and, it may be, that success will crown my efforts.  If so, you have the pledge of an honest man, that every dollar of present deficit shall be made up.  Can I say more?”

Fortunately for Layton, there was no Grasper among the unsatisfied portion of his creditors.  He was pitied more than censured.  Every man said “no” to the proposition to surrender up his household furniture.

“Let that remain untouched.  We will not visit your misfortunes upon your family.”

After all his goods had been sold off to the best advantage, a little over sixty cents on the dollar was paid.  The loss to all parties would have been light, had Grasper not sacrificed so much to secure his own debt.

Regarding Layton as an honest man, and pitying his condition, with a large family on his hands to provide for, a few of his creditors had a conference on the subject of his affairs, which resulted in a determination to make an effort to put him on his feet again.  The first thing done was to get all parties to sign a permanent release of obligations still held against him, thus making him free from all legal responsibilities for past transactions.  The next thing was to furnish him with a small, saleable stock of goods, on a liberal credit.