506 



hot iron. He likewise told me several other 

 stories similar to the preceding. It is a 

 common saying in England, that " Cheat- 

 ing never thrives :" but, in America, with 

 honest trading you cannot succeed. 



Another merchant, a distant relation 

 of mine, the son of a very worthy and 

 respectable farmer in England, who makes 

 a considerable figure in life, tells me that he 

 left England with fifteen guineas in his 

 pocket : and when he arrived in America 

 he got into a merchant's oSice, where they 

 kept clerks, and carried on an extensive 

 business. He soon discovered that they 

 were not worth a guinea -, but all they did 

 was on credit. " Oh !" thought he, "if 

 this be the case, I will be a merchant my- 

 self." To effect this, he wrote to his 

 father in England, that, if he would send 

 him two hundred pounds sterling, he could 

 tlo very well. Accordingly, his father sent 

 the desired sum. Instead of buying goods 

 with the money, as he might be expected 

 to have done, he bought two horses, kept 



