my partners, to be sure; but I never had anything to do with their business, apart from my own.
Nevertheless, when Mr. Pierpont returned, and gave an account of his doings there, and of the opening there was for just such a man as I had proved myself to be, I consented to pull up stakes, and transplant myself to that beautiful city.
I went with no large expectations, intending to open a retail shop, such as I had left; but within a week, finding that I could sell even my cut goods for prices much beyond what I had been retailing them for over and above the exchange, I went into the wholesale business, and with one clerk, Mr. Jenkins Howland, greatly distinguished in after life as a man of enterprise at Charleston, S.C., sold more goods, and for cash too, than perhaps any three or four of what were called the large dealers about me, with two or three clerks apiece, and at prices which fairly took away my breath at first;—Irish linens, for example, by the case at two dollars and fifty cents all round, worth not over eighty cents before the war; and assorted broadcloths by the bale at fourteen dollars a yard all round, which, within a twelvemonth, would have hung fire at three dollars and fifty cents. And this, it will be remembered, was after goods had been falling—falling—falling—for six months.
No wonder people's heads were turned—those of Pierpont and Lord among the rest. We, who had large stocks on hand, were growing rich too fast. I remember selling fourteen thousand dollars' worth of goods one day for a clear profit of more than forty per cent, and this while my poor friends at Boston were gasping for breath in that exhausted receiver; but they were kept alive by the remittances I made from Baltimore, which not only furnished them with funds for immediate use, but gave them for a few months almost unbounded credit.
This was in the fall and winter of 1815, only a few months after the Bramble arrived with the news from Ghent that our last negotiations had been successful, and that the war was over most gloriously for us, the United States. We were almost ready, in our thankfulness and joy, to canonize the ship and crew, and cut her up into snuffboxes and toothpicks.
And now—what next? "as the tadpole said, when he his tail dropped off." Weary of the growing distrust they saw, after my remittances began to fall off, and heartily sick of the Gerrymandering about them, of the usurers and money-changers and Shylocks, who were bleeding them to death, by lending them money upon pledges of merchandise, the two elder partners, Pierpont and Lord, lost no time in following their junior. He had opened on South Calvert Street; they took the whole of a large building opposite, opened below their wholesale business, and after a few months went to housekeeping overhead, both families living together. Then, to get rid of our stock, Mr. Pierpont went off to Charleston, S.C., where he had served his time as a tutor, and there set up a retail establishment, under the charge of a former clerk in their service, and of another man, a heartless vagabond, whom they had happened to get acquainted with at a boarding-house on their first arrival, and took a fancy to, nobody ever knew why. He was an Englishman, had probably been upon the stage, and lived from hand to mouth, nobody knew how, until we took him up, and he took us in most pitiably.
After a brief struggle, and the establishment of another retail store in Calvert Street, which I took charge of, with what there was left of the Charleston adventure, we failed outright, and all this within six or eight months after we had called our creditors together and obtained an extension of twelve months and testimonials in our favor of the most gratifying character, and within little more than a year after leaving Boston.
And then, for want of anything better to do, I began writing for the papers,
