Don Horacio 



a certain occasion, when he had ex- 

 pressed to an acquaintance his pro- 

 found sympathy for their mutual 

 friend Clarence King in a recent mis- 

 fortune which, he said, had cost King 

 a loss of $400,000, he explained, upon 

 cross-examination, that the alleged 

 loss, which he thus deplored on King's 

 account, consisted really in a construc- 

 tive loss which he himself had lately 

 made in failing to realize a hoped-for 

 profit of $400,000, in a negotiation 

 for the sale of mining property, which 

 had just then finally resulted in com- 

 plete disappointment, but on the suc- 

 cess of which he had till then reckoned 

 so confidently that he had already 

 made a will, bequeathing to Clarence 

 King a fortune of $400,000, which, 

 under existing circumstances, could 

 now never be realized, and his only 

 regret was for King's misfortune, in 

 the loss of so much money. 



It appears from another character- 

 's 



