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w&f 3Lattt?&0iJt? SLjrlsrgjer* * * ' ": * ' " DEVOTED TO LITERARY, COMMERCIAL, AGRICULTURAL, GENERAL AND LOCAL INTELLIGENCE. VOLUME I. LANCASTER. C. H? SOUTH Carolina urunotoiuv THE jti LIKCJSTEft LEDGER> to PUHMaUED EVElOf ? WEDNESDAY MORNINI*. 1 u u at. s. UAILEV, i, i.DITOR AND PROPRIETOR. ???? 11 TERMS: j;il Two Dollar- |H>r year, if is >1-j .anw; Two I>??iIr?r?* and F \ if d paid n mx Months; or Tl?rev lhiliurs. if payment is delayed until the end of tlie year. These terms will hi' rigidly adhered to. 8t Advertisements will be conspicuously ; I inserted at seventy-five cents |>er square of twelve lines, for the first insertion, u| and thirty-seven and a half cents for each w subsequent insertion. A single insertion m One Dollar. Nothing will he counted 8,1 leas than a square. Advertisers .ire requested to stale, in ^ writing on their advertisements, the nuin- ,n ber of times tliey wish tliem inserted; or dt they will be continued in the j?a|>or until or ordered out, and charged accordingly. ^ The Law of Newspapers. tlt 1. All subscribers who do not give ex- gi press Notiee to the contrary, are considered as wishing to continue their suberiptions. ? 2. If subscril?ers order the discoutin- it, uance of their papers, the publishers may eo continue to send them until arrearages on are paid. ini 3. If subscriber* neglect or refuse takv. ing their papers from the offices to which lot J they aro sent, they are held res|>onsible till their bills are settled, and their papers ordered to be discontinued. 4. The Gmrts have decided that rcfu- as sing to take a newspaper or periodical hij from the office, or removing and leaving loi it uncalled for, is prima facie evidence of INTENTIONAL VIIAID. po ALL ICIWHS ftP JOB PRINTING s EXECUTED WITH NEATNESS AND DESrATCII At this Office. <$ pUrteti (TtiIps. r From Morrtir? Miter I lan y. A WEEK IN WALL STREET. lie nv MH. DUNS DROWN. y" is 1 I iiad leu thousand dollars and I want- |M. * <1 twenty, and I bit my lliuinb uii hour over lhe jierplexiii ; problem how to get it. i wanted it speedily, and therefore none of the slow processes ol trade or industry 0jwould answer my purpose. My little cot- | ( tage was designed and drawn on paper, tlie furniture tor it was bespoken, and Oar- hU) olino audi w <ro going to live very pat y|( terns of economy and piudenceus soon as I had turned my ten thousand into twenty. How was it to be done? it|| "Try a lottery," suggested Ilojie. "You have twenty blank tickets in your j | escritoire already," said Caution. |U( "Try?try again!" autrg Hope. "You will lie indicted," said Caution. "The Common Council will?" "Let you alone, as long as you don't disturb Petriw?try a package," said nU "So I will," said I. r r1 80 I did. My package drew just what it was ob- ,l Jigod to, and I paid tlio difference. er "Mark tlio difference!" That's what tlio dealer said; and after marking it, and toeing tlio mark, I turned iny back on tho "Exchange Office," with its green iiwido blinds, and its dusty dol- sft lars in the window, which, singularly *b enough, were blimit, also, and went home. "What shall I do note!" said I, eyeing K' the model of my cottage. 41 llope had stepped out, and there was no reply until Jack Hauler poma-d in, and I explained to hiui my difficulties. "Why don't you try Wall streetl" said Jack, rattaning his boot. "I don't know," I replied, almost igno- *1" rant of the locality named, but having a drataly idea of some such place very far down. "Arc things likely to go up there?" "Very much, in these days." a' "I'll buy a lot there to-morrow," said I. "A lot!" echoed Jack, opening his eyes very widely. "Whet do you mean?" "A loi of lend, t(\ bo euro. You *ay in thing* ere going up." gi Jack leughed long end beerlily. "Well, well," he said: "it might tot be el ami** to buy e lot there, provided it wee a corner lot; for Anything Well street he* n ma cornerr on ie euro to go up. But that in not exactly what 1 meant. You must *1 buy noma kind of stock." "Stock?" "Aye." ? 1 knew thftt the cattle-market wee up o tow n, end that 1 had no land to keep ii beenta upon auy war, and I wee very much g puttied with my friend'* remark, but before I had time to reply, he added: a "Try Erie Railroad, tor iuiteM*; it ie on- t] ly <-igbtv-*i*, end i* as well worth per a* one dollar? worth anotlier. Tell your ii broker to get you a few hundred there*, you know, "buyer thirty," or eomething e ike that. You can't lull lo make several bousands on it in six wii ks, and then > on can try something else." I Was not this intelligible language to ! let The la*t sentence at ieast wan, and made .jack n-pea. and expound the r?*?t i ) me a MilHeiciu nuinber of times to obtin jpiiie a gliui|Mv of the ideas whi h he iwiiuMi to express. t Hope came in at the <Joor at that moieut, and wli n|a'M'd t?? me to try it, and t ?:nd I vvoulo; i>m Caution, who had l>een f. awoke and said: t "Why ton's J ,? '?, it.uiler try it himself I it is so very ? >* {" # "Sure i iiouoj!" i I; "whv don't you, tick?" ' i "Why don't 1?what?" t "Why, buy sotne of this Erie stock your- I lift There i . more than enough for me, l< suppose; at any rate, don't let me take I te chance from you. t Jack laughed, and muttered something n x>ut "margins" and "differences," which e as all Creek to me, and into wh ch I did h )t minutely impure. 1 felt that he was h icrificing himself lor my good, but I had n >t the maguaiiiniity to stop him. "Many a fortune," he continued, "has o Hill inaUe there in a fortnight. Many a f< an has just called there, and left an or- tl sr to buy or sell so much of this thing ?< ' that, and then has called again in a few lys and jiocketed a cool ten thousand, or " renty, or fifty!" " "Is it possible?" said I; "w by, I should ink it must be the best business that's h ling." "Well, it is?sometimes." c< "But it appears to nic, Jack, somehow b -I dare say I don't exactly understand r? and I may lie mistaken, you know, of If urse?but it appears to me that what o man gains in that way, somebody else st List lose.' a "Yes, somebody, bin what of that, as it ig as you win?" "Sur? enough!" said I. ri "Sure enough!" said llono. ? "You had better try," concluded Jack, hu went out, "anil before thing* get too {h, for they have been going up now n it: ig time." "And are quite in the habit of it, I amine." d< "Exactly." te "Can you recommend me to a good >kerf" cji "Yes, a real ah r wed pair, at Xo. ect; Messrs. Baitcm and Catehem? m. jy'll do you to a turn." "I'll try them to-inorrow," said I. in And so we parted. i called the next day on the brokers fa lO.h'll ~ * * il had an interview with Mr. Haitem, co junior of the tirin, whose views of Erie ek I found to l>e exceedingly exalted. as "Will it go up!" he said, in reply to my juiry; "of course it will, sir?it's Itouud et ?it's on the up track, sir, with a full in ud of steam, on?whiz! phiz! -aiming h< eotly at the depot or par; at least that my opinion. SBadfiffec we don't know, ' tli ; we are all faHHt'ircnturcs, and may : 01 mistaken. Ir we %imr, we would all | c? in and make oiir fortunes, oil" hand." .t, "But you "Of course, sir, think anything in favor ! 1 Erie?ean't think too favorably of it? 1st n't indeed." ! *'? i thought I o>ui,| i:?>l lake t ?, > much of ill it promising concern, i?>< I -?? I t<n<i "I r. Biiiu-m In* .night I my five hundred i , area fur tin*. c? "Ciuli, sir?" suit I the broker. b; "Well, I ihrn't know; ow much \? ill it y? louut to:*' lii "Forty-throe i oustiul an,I some <m|,| iiidred," he ri'|iiieil, after figuring a ino?nt with a pencil. "Ah, not ca>li, then, decidedly," said I, irveling whether my credit eouhl |M?s.si- hi y be good for so large a slim; "there is eh a thing an i living on tim*, I Iwlievef" ''' "Yen, sir?thirty, sixty, or ninety days; >w will you have it?" hi "Oh, any way?suit yourself?onl\ get rt for tne ipiickly, In-fore it goes any high- ' " I In "Yen, air. Name sir?" "Mr. Dunn Brown." " "Yea, air; yea." H| "That'* all, I believe, sir, good morning," l' id I, touching my beaver politely as I I'pped toward the door. "ll?in! hah! h?in!" said Mr. Baitem, ' iding along at my side, and glancing in- *' liringly at me; "hem!" "(Juod inoriiing, sir!" I repeated. "One moment, sir," said the broker.? ' foil want this stock bought, I believe?" "Certainly." i a "You don't seetn used to this sort of itng; I want a margin, you know." it "A margin?" d "Yea." "Well," said I, a little puzzle*], "I was d x>ut leaking a very wide ono between l v t, sir." y "Good, sir!?capital!" ho answered.? ! if ou are a bit of a wag, I ace; very good idecd; but of course 1 must have a mnrin." . ? "Well, air, I have no objection?none J. i all." I "Ah, I thought not?all right," he said c ibbing his hands together. r "Tlien I wish you good morning, air," lid I again, politely. * "Hut the mnrgiwi Mr. Brown!" i "See here, Mr. Baitem," I returned, t Miiowhat angrily; "if you want anything 1 f me, pleaae to let me know it. What 1 i the name of common aens<^u a mar- i in!" m i "A deposit, air, a small per centage to iiard against loaa say ten per oeut on be purchase?that's all." i "Loaa! Why, you will have the stock i a your own bands; hear can you lose!" i "Certainly; but this V to provide for the I ontingenev of its yoimo do we." i i f& > r^M f ttk **13ui it isn't going doum, you know; it's going up] it's on tlio up track, with a full lend of steam on?whiz! phiz!?and all hat." ''Very true, sir; hut we must have our ] nargin." "Well, how much?" "Ten per cent, will be forty-three hun 1 Ircd dollars?say four thousand, sir." My money was lying idle in the bank, md it was really tatter t ? pay the mar- j (in, as 1 would thereby save interest, on hat sum; so I gave IJaitem my check for j our thousand dollars, took his receipt, md dc|Ntrted full of golden expectations. I The stock list inav became a subject of j ny continual study, and twice a day, as I ! ook up my morning and evening paper, turned eagerly to the table of sales to ook for the expected advance in prices.? | or several days Erie remained about sta- | ionary; then it began to stagger a little, nd then down it went plump three per cnt. My hair rose as I saw that fifteen i u nd red dollars of my margin was swaliwed up, and I began to comprehend the leanimr of the wor<l I hurried to Mr. Uaitetn, but before I on Id get there I fun ml the stuck was of ? ?I still another per cent, lower, ami li ti, uf course, was five hundred more ii. < ! my precious ten thousand. "What the dickens has got into your \. !iiz phi/." stock, Mr. llaitcm?" said 1.? What does it all mean!" "Why, sir, is it possible you 'have not card? It is the French revolution!" "1 have heard of the revolution, of jursc," said I, "if you choose to call it o; lit what has I.ouis Napoleon's seizing the ins of government to do with the Krie ail road?" "There is a panic, sir, in all the large ocks?unsettled state of things?fears of general war in Europe?can't tell where i will end!" "While wo talked, a clerk came in and ported Krie eighty-one and a half in the rcet. "Worse and worse," said llaitein. 1 "The panic was fast communicating t >elf to inc. "Is it best to sell?" I inquired. "Don't know?can't toll?1 am always | ;licato about giving advice in stock mat- ? rs. i I wished he had been a little more deli- < it? about it a few days previous. "How low has it ever becu!" I inquired 1 rvously. i "Oh, it has Urn down to seventy with- i the past year." "Anil how much would I lose if it should II back to seventy agnin?"_ t l ol reply. "Then sell, for mercy's sake, sir, as soon i possible, and save something." llaitem sold on that afternoon, and pock- i id twenty-five hundred dollars ot mv ' nrgin to pay "ditfereiicea," and I went j me a sadder hut not a wiser man. After gazing long and mournfully at I ic drawing of my cottage, I nibbed out , | ie wing, and then came sadly to the J s inclusion tlllit I emilil not nflioil m IniiM even iii lliul crippled condition. , ? J ? k llstih-r called in ilu* evening, and i rciat< d If I..Ill in\ iloK-lll! debut ill W ii ' r??i, ai wl'i h i e ? mi <1 ii litt! i.ried. "It will u.?rk 11 sometimes," lie said. I'.iis . ..nil i. .. ! rmip ,rrial, an they call Ii .* .ini.i .. i uitsehief, .iinl tlutt, of .UN', i uulifipaie. lis very id, ci-riaii.it. Wii.it a pity it is that ?u did not n'lf instead of buying in the st instance." "Sell vvIihi/" "Erie stock, to Is- sur "Hut I had none sell." "No matter; you ini'.dii have -old five undred shares jnst a* in Ii a* !< have Mijjlit them, even it you had ?otio. Yon >11 111 sell short, Vnii kieiw." S"'ll nhort* VY"!I, 11 at is jtist what I ave been lining to-day, accnrdilijj to my -ekoninj?. I'm short alsuit twenty-five undred dollars on the operation, any o\v.'* Jack laughed. "You don't understand , le. You diould Iirv* :ald your Erie lock, deliverable say in sixty days from le time of -ale, or on any intermediate ay at your option" "Hut who would have made such a Nil's purchase of me, when I had not a liare iu the world!" "Nobody; but they would hnvo bought of your broker, who would have sold a- von and taken a margin.,' t> ';?>l the margins! I ?h>n*t want to have n^tlimg inoro todo with them "Hut don't you see that you could hav>g furnished your Kri<? to the buyer tony, at fifteen hutulred dollar* profit!* ( puzzled at this awhile, and finally I 'ill nee it, and thought there was ju*t diere l?v my mistake. I might do i< et. "Try it,** aaid IIo|>e. "Reward" aaid Caution. "It i? not too late," aaid Rattler; "the tock may go down to aoventv, particulary if there i* n general war in Europe, and nhould not t>e at all surprised if the whole ontincnt were in a blaze thia very monent." "Nothing more probable," I replied.? 'Kossuth nays that Napoleon has only nada the cause of Liberty more sure by hi* feat step, and I believe the great IfWtgarian intends to return at once to ead the down-trodden millions of all Euope in the coming struggle for freedom. Vll *11 Jiritr So I did. The next day I called upon my broker, ind doubtless much to hia surprise, with a rery smiling countenance, for hope was igain fresh within me, and I was confidently calculating that 1 should not only repair mv great lose, but make a large sum I UiLUVlilllil) fT 1 besides. In my excitement, however, I had almost forgotten Jack's explanation of the mode of selling what I did not own - -but I hai soise vngua iJsa of the matter, nnd thought I should be able to get along with Mr. Baitem without betraying my ignorance. "I want you to sell five hundred shares of E ie for me, Mr. Baitem," I 8aid, bold>y "Oh, ho; you have more of it, have you?" said he. "Very well. I shall be happy to sell it for you." "No, I have not a share," I replied, hesitatingly; "but I want you to sell it, you I. now?somebody else's, I suppose; I don't exactly understand it myself, but I want you to sell it short." Baitem laughed. "Oh yes, I see; you wish to sell, at sellers option. At what price, and on what time? Thirty days, I suppose." "Yes?suppose so; and as to the price, what will it probably bring?" "Eiglity one?or thereabout.' "Very well; that will do; good morning, sir." "But the margin, sir." "Ah! I beg your pardon,?yes, that must not be forgotten." I drew my cheek this time, with the air of a millionaire, for I considered it now a mere form, and felt confident of success, in which expectation the gratified broker by no means failed to encourage me. lie evidently considered me a man of fortune, who could bear a little plucking, and very probably, lie thought my chance of success tolerably good. "I think it must go down," I said, as 1 pocketed my receipt?"all these convulsions in Europe must of course keep things in a feverish, unsettled state here." "Of course, sir?of courso. If the next steamer brings news of a civil war in France, stocks will go down three percent; if it extends into Germany and Italy, they will go down live per cent; if Hungary rises, and Austria, and Russia, and England, and Prussia all get into the mrlce, they'll fall ten sir, at least?perhaps more ?can't tell where they'll stop." "Good!" said I, quito elated with the prospect; "not that I wish any blood shed, .if course; but if it must coine to that, 1 l?ay as well hnve the benefit of it, as others." With this humane sentiment, I bade Sir. lluitcm good morning, and once more vent home, and resumed my morning and svening scrutiny of the stock tables. For two days all was quiet. Oji the tli^qk a* bygwi- licmw; tramUid my window, "Extra Erald!? 'Rival of the Raltick! Louis Napoleon issusftiiiutcd!" "That's the talk!" said I, snatching up nv hat. "Now come on w ith your revolutions?I'm ready for them." I rushed into the street, and astonished he boy by giving h in a shilling for his lialf sheet, with which 1 returned trium I phantlv to my room. I opened if, and {lanced rapidly down the line of eye- j atehiug capitals, which were paraded , >ver the foreign news, as follows: "FRANCE QUIET!" I..-ins Napoleon firmly seated in the Pic tutorship. "False-rumor of his Assassination." "C< >N FII)ENCE RESTORED!" "Rise of Stocks on the ltourse." "1UKE OK ENGLISH FUNDS!" "KIKE OF COTTON!" "Kin*' of Hread-stuffs." "Rise of "the Devil!" said I, throwing away my M-irar, ami starting for Wall-street < >11 my way I met an acquaintance, who | was a dealer in stocks and a sort of streethroker, ami I asked him if he luxl seen the foreign news. ' Oh, yes; we have had it in Wail-stseet these two hours," lie replied. "Capital, isn't it?" I saw by his speech, and by the twinkle of his eye, that he was a buyer, and not a seller. "Docs it affect stocks any!" I .inquired, nervously but with a desperate effort at composure. "Like magic! Everything is up, and rising like the tide?like the tide, sir!" "Did you hear how Erie was?" I faltered. "Eighty four I think, or five; I am not certain?but it is up, and everything else, you may depend on that; and they will go higher still, Wfore night?so take my advice, and don't sell?if have anything, don't trll/" "/ icon't" said I, dolefully, as I turned from him and pursued my way. 1 think I must have been tjuiie pa<e when I entered the broker's office, and aj? pronchcd Mr. Hailein, who wan laughing very gaily, as I went in, whose counted* ance suddenly changed into a sort of forced expression of dolefulncae. Scaiccly knowing what I did, and foolishly hoping that I could undo hy words, the effect of my former rashness, I said: "I hope you concluded not to sell that Erie the other day,M. Haitem; 1 have called to countermand it, if "Ah, you are facetious, sir?it is sold of j course, sir, we always obey orders, if we t.roalr abiuk- tlmt is the broker's rnl? and the only ono under which they could poeeibiy do bu?inem. Yoii left me no discretion in tlio matter, you know." "I had none myself," I ?aid, dismally, uAh, ha! very good; but I mean you left me no option." uYou told my option," I replied. 'Klood again?1 aril glad to see you take it ao pleasantly, but you understand of course, what I mean; you left mo nc choice." MI left you a margin of twentj-fivc hundred dollar*. How much of it i* lefl to me!" JUUxnULUr, Uti'l'UJJ Jlill 1^0, 1&32. "If you settle to day,?nothing; if we hold 011 we must have more; the stock is rising every minute, and wo may have to buy Hi at several per cent higher prices than the present, in order to fulfill your contract. Possibly, if you buy| to-day, yon may save a tritlle, a bundled or so." "If 1 had only held on to my first purchase " "You would have been all whole today, with a fair chance of profit; but now you have lost twice?sorry for it." I bought that day, and saved thirty-seven and a half cents out of my margin, which little balance, together with my account, in a very flourishing hand-writing, Mr. llaitem presented to me with a nuxi ! polite and graceful air. lie did not ask i for my future custom, for he saw that would ho of no avail. Besides, lie was probably satisfied. I was not. I went home in a very suicidal humor. Jack Rattler came no more; hut Simon Steady, an old friend of my late father, called in one evening, and to him I related the whole chapter of my misfortunes. "Baitem and Catchem were your brok crs, hey?" said he. "Yes." "They are very sharp men. What would you say, if I should tell you that they nevI er bought or sold a share of stock for you, | of any kind, and that they are neither of them, members of the Board of Brokers." "Impossible!" "They ecrtuinlv do not belong to the Board." "But they may have bought and sold, notwithstanding." "They may have done so, It is true, hut you may depend upon it they did not.? They took your money, and made out ' bills of sale and purchase for yon, when ' they were pretty sure of the market being ] (t'jaiiist you, and if it had proved other- i wise, they might or might not have fulfill- I ed. If the amount, together with other ' operations, had made it an object, they ' would have failed. As it is they have i < saved their credit, and won your money." 1 "And Jack Rattler?" 1 "Is probably one of their agents, how i long have you known him?" "Ever since I came, to my property." "I thought so?and that is " < "About three months." ' I pondered on all this a few minutes, in oil 1 I *_!- - 1 1 - .'..V..VV, ttiiiiiiv i II jflxJTI U\ 111 > 11 11*11119 aild j I then 1 brought uty doubled tistdown upon < the table, with n blow which sent a pair i of small wine-glasses hopping to the floor. ' i "VOu ?a ?-tj I ers are like all other classes. There are | I great scoundrels among them, but there j arc very many most excellent, ajmahlc : and honest men also among them. T could i take you to dozens of cilices in Wall- < street, where you could safely leave your j whole fortune, without receipt or voucher of any kind, and be sure of getting it again, when you called for it." "I could leave vn/ whole fortune anv- ; where, now, without much risk;" 1 re- I plied, sadily. That night I again took out from my | port folia, the plan of my anticipated cot- , tage, and rubbed out the other wing and the tail, leaving it like an Irish shanty. What makes matters worse, every time ' I we Caroline, she ask me, with the most bewitching of smiles, whether I have yet ; turned my fen thousand into twenty; and j 1 tell her, as cheerfully as possible: "No, my lovo; not yet." i THE Illl'OCItlTK UNMASKED. I ? i A German Student's Story ? I iiavk witnessed many duels; but we i are not so blood-thirsty, generally, as your moral Americans- We usually settled these matters with a sword; a better' method, by the way, and more worthy of j ' the soldier, than your cold, murderous ! pi-tol-firing. Any poltroon may pull a 1 trigger, but it requires the firm hand and steady eye of the man to manage the steel. However, when 1 was at Jena,they called each othei oiu, as tncrrily as a l>eau and belle ton dance. It was but the treading of a toe?the bruising of an elbow; nay, ; an accidental look that fell on them when i they wished not observation, and the next iliiv nr liv Si. Andrew, the ncvl lioiir. there was a clash of steel, and the stamping of feet on the greensward; and the kindling ami Hurdling of fiery eyes?and j plunge and parry, and cut and thrust, j ' till one or hoth lay stretched at length?a j pass through the In sly?a gash upon the ! | cheek?the skull cleft dow n, or the hand off?ami tnc I hood hiibbiiug and gushing ! forth like a rill of mountain waters. There were morc^tliaii one of these {follow*? | drvila I must say?who, when they found among them some strange student, timid or retired, w hoae^cliaracter they wore unaopiuintetl with, or whose courage they j doubted, would pass the hint of more sport?brush his skirt?charge the offence ! uiKjn him?demand an apology too hum- j hie for a hare, ami dismiss him from the adventure only with an opened shoulder, or with daylight through his body. Hut to the story. There was one fellow among us named Mentz, who assumed, ami wore with impunity, tho character of head bully. lie was foremost in all the deviltry. His pisl/il ? if. ili.ii111 mi.I liii liwi:til?vi'ord Cllt I like the scissors of fate. It was curious to eo the flno fellow fire?one, two, three, and food by to his antagonist. Hi>: friendI ship was courted by all, for to be his oni etny was to lie in a bloody grave. At > length, grown fearless of l>eing called to account, he took prid? in insulting straits gem, and even women. His appearance t was formidable ; a great bully giant, with shaggy black hair, huge whiskers, and W' grim mouitnches three inches long, twLted under liis nose. A sort of beauty he had, too, ami among women?Lord help us! wherever those moustaches showcu themselves, every opponent abandoned the ground. It was at last dangerous to have a sweetheart, for out of pure bravado Monty. would push toward, make love to the lady, frighten her swain, and either terrify or frighten herself. Should the doomed lover otb-r resistance, all lie had to do was to call a surgeon; and happy enough lie considered himself if he'escaped without the loss of his teeth or an eye. lie killed four men who never injured him ?wounded seventeen, and fought twenty duels, lie once challenged a whole club who had black-balled him unanimously; and was pacified only by being readmit ted, though all the members immediately resigned, and the club was broken up. At last there came a youth into the University?slender, quiet, and boyishlooking, with a handsome fiieo tl.r.mrli i somewhat pale. His dciiHaunr, t)ioiiy:li shy, was noble and self-possessed, lie had been but a short time among us, be- I fore ho was set down as a cowardly ere ature, and mime game for the "devils broke loos," as the gang of Mont/, termed themselves. The coy youth shunned all . the riots and revels of the University?j insulted no one; and if his mantle brushed against that of another, he apologised so immediately, so gracefully, so gently, that the devil himself could not have lived a j quarrel upon him. It soon appeared too, that tlertrude, the lovely daughter of the J 1 baron de Saale?the toast of all the conn ! try?upon whom most of us gazed as on j something quite above us?it soon appeared that the girl loved this youthful stranger. Now Mentz had singled out fiertrude for himself, and avowed his preference publicly. Arnold, for this the new student was called, was raioiy, if ever, tempted by onr feasts; but be once came unexpectedly on a casual invitation. To the great surprise and interest of the ompanv, Mont/, was there, and seated himself unabashed at the table, though an j unbidden guest. The strongest curiosity it onee arose to witness the result; for Mentz bad sworn that he would compel Arnold, at their first meeting, to beg parIon on bis knees for the audacity ofhaving idilreused his mistress. It had not appeared that. Arnold knew my thing of Menu's character, for he sat rhccrfullv and gaily at the board, with so mich the manners of a high-born gentlenan. that every one admitted at once his j jrink of which he stood. "What, ho!" at length shouted Mentz,] is the evening lmd a little advanced and , lie wine began t<> mount; "a toast ! come, j 1 rink it all: and lie who retuses is a i?>lt II1C lip. "I mutt toll you that I como from a part of tho country where we neither give nor take such jokow or Mich insult*." "llaat thon taken leave of thy friend*!'1 said MenU, partly hushed by natouhh ment, "and art thou tired of life that tboi hurriost so blindly to a bloody pillow hoy, drink, a* 1 have told thee, to 0*r r?kj11 ami coward. 1 mialY this goblet,, tilled to the hrim, to the health and hap- ; piness of Gertrude do Saale?the fairest of J the fair ! Who says he knows a fairer is a Mack liar! and 1 will write the words with a red hot hrand on his forehead !" Never l? f< r had ever Mentz betrayed Ids 1.rntal soul so grossly in words; hut j the guests, who knew that he was heated [ with wine, passed over the coarse insult i with shouts of laughter, and drank with riotous confusjon, to the health of Gcrtru-; ile, the fairest of the fair. As the gleaming gob!< ts were emptied and dnshd rat tling on the table, Mentz arose, and with j the bloated importance of a despot, gazed ; around to see that all present had fulfilled : his orders, livery goblet, was emptied I but one which stood untasted, untouched. | < )n perceiving this, the ruilian leaned | toward, fixed his eyes on the cup, struck his brawny hand down fiercely on the j table, which returned a thundering clat-1 ter, and said in a voice htiskey with rage. "There is a cup full; hy St. Anthony! I w ill make the owner swallow its measure of molten lead if it remain thus one instant longer." "l>rink it, Arnold; drink it, hoy! lvrep thy hand out of useless broils," whispered a student near him, rather advanced in age. ,.i ~ i >? 4 4,.?^.i .. ..~ii I ' I 1111\, iiiruu, iiiiuu-i(-ii iuphiivi iini>, "or lie will not lie slow in doing his threat, 1 promise thee." "Empty the cup, man," cried a third; "never frown or turn pale, or thy young head will lie lower than thy feet ere to morrow sunset." "It is Menu, the duellist," said a fourth. Dost thou not know his wonderful skill. IIwill kill thee as if thou wort a deer, if thou wilt oppose him in his wine, lie is more merciless than a wild boar. Drink, man, drink." These good r."tnrod suggestions were muttered in hasty and vehement whispers; and while the students were endeavoring to palliate tho dreadful catastrophe, the furious beast again struck his giant hand on the table violently, without speaking, as if words were too feeble to utter his rage. During this interesting scene the youth had remained motionless, cool and silent. i A slight pallor, but evidently more of indignation than fear, came over bis handsome features, and his eyes, dilated with emotion, rested full and firm on Mentz. "Ity the mass, gentlemen," cried lie at length; "1 am a stranger tore, "tul ignorant of the manners prevalent l*1io 1'niversities, but if yon person l>o tone, and this no joke?" "Joke," thundered Mentz, foaming at NIIM BER 37. ' trude, tl.o faiiest of the fait!" Anil his | lingo eyes opeued Mi'i gazed like those of i ahull on a daring victim. "T'uat Dertrudo hihv he the fairest of I the f .5 r may not he denied hy me. Hut I demand hy what mischance I find her name this night common at a hoard of rioters, and polluted hy the lips of a drunk1 aid and coward?" "Hy the hones of my father," said , Mentz, in a lone of deep and dire anger, i which had ore then appalled many a ; stou:;'ieart'hy the hones of mv father,your { doom is sealed! l?e your hlood on your 1 own head. Hut," said he, observing that the youth, instead of lowering boro hiinI self more 1 fiilv. "what folly is this? Drink. JjuI, drink, jiikI I _ hurt tlioe lint! 1 love thy gallant hearing, and my game is not such as thou." II j added this with such a waveridg of manner a? had never heforc been witnessed in him, for never before had he been so calmly and fiercely opposed; and, for a moment, lie quailed before the fiery glances darted at him from one he supposed meeker than a dove, lint Ashamed of his transient fear, he said, "Come to me, poor child! Jiving with thee thy goblet; bend at my foot and <piatf it, as I have said, and, out of pitv, I spare thy young bead." "What was the astonishment of the company on beholding Arnold, as if effectually awed by a moment's reflection, and the ferocious enmity of deadly and celebrated a foe, actually do as be was commanded, lie rose, took the cup, and slowly approached the scat of the insultcr; knelt and raised the cup to his lips. Murmurs of "shame," "poltroon,' " coward," came hot and thick from the group of spectators, who had arisen in tho excitement of lln ir cuiios'ly, and stood eagerly bulling foward will every eye fixed upon the object of their contempt. A grim sn i e distorted the features of Mentz, who shouted with a lionise and drunken laugh, "ih'nk d oj ? lown with i ? o the dregs." Arnold, however, only touched the rim to his lips, and waited a moment's silence, with an expression so scornful and coiii1 !...? .1 1 I'wi" nnn, wic iiisses ana exclaimations were again quelled; wlieu every souud had cea.-ed to a dead silence? ''Never," said lie," sliall 1 refuse (>> diink t<> tlie glory of a name that once 1 loved and honored?Gertrude, fairest of the fair! Hut, "he added, suddenly rising, and drawing up his iigure, with a dignity that silenced every breath, "for tfiti's lie ]punished' thy base, brutal insolence^ and thy stupid presumption." As he spoke, he dashed the contents of the ample goblet full in the face of Mentz and then, with all his strength hurled the massy goblet itself at the same mark. The giant reeled and staggered a few paces baek; and amid the shining liquor 011 his drenched clothes and dripping features a stream of Mood was seen to trickled dow n his forehead. Never before was popular feeling more suddenly and violently reversed. A loud ami irropressable burst of applause broke from every lip. till the broad and heavy raltcrs above tin ir heeds, and the very foundati* >n of the floor shook and trembled. Hut the peal of joy and approbation soon ceased for though this inspiring drama had so nobly eommenced.it was uncertain bowit might end. Hcforo the tyrant hod recovered from the stunned and bewildered trance into which the blow, combined with grief, shame, astonishment and drunkenness had thrown him, several voices after the ??l?ti eperous calls for silence usual on such occasions, addressed the youth who stood cool and erect, with folded arms waiting the course of events. " Brave Arnold 1 Noble Arnold ! A I gallant deed ! The blood of a true geni tleinan in his veins " But canst thou light" cried one. 1 " I am only a simple student, and an artist by profession ; I have devoted myself to the pencil, and not to the sword," anj swercd Arnold. " But thou canst use it a little, canst thou not ?" asked another. "But indifferently," answered the youth. " And how art thou with the pistol ? " demanded a third. " My kund is unprncticcd,-' replied Ar! nold, I h ve not skill in sheding iiuman hloodJS^" i " 'Fore < iod, then, rash boy, what has tempted thee to this fatal extremity ?" " Hatred of oppression in all its forms," replied the youth, " and a willingness to die, rather than submit to an insult." " 1 >ie then thou shalt, and that ere tomorrow's sun shall set!" thundered Mentr, starting up in a phrenzy, and with a hoarse and broken voice that made the hearts of the hearers shudder as at the howl of a demon. I * 141 chalenge thee to mortal combat." ii A 1 ? a. A\ - _11 W - .vnu 1 accept li e cmuicngu. " It is for thee to name timo, place ami weapons, but as thou lovest me, lot it not bo longer than to-morrow night, or I shall burst with impatience and rage." 44 I love thee not, base dog!" replied j nold ; 44 but thou shalt not die so inglori' ous a death ; I will tight, with thee, therefore, to-night." "By tho inolhor of Heaven, boy !'* , cried Slant/; more and more surprised,? j 41 thou art| in haste to sup in hell 1" ami the rnfhiln lowered his voice, 44 art thou i mad I" , ? ' ^ 44 Ho that my chance," nnawcrcd Arnold , J 4,I shall not be likely to meet even in hell with a companion so brutal at thou, mi- 4? K ijcss, which 1 mean shall bo the case, thou vv 1 ' |Tfc;?r me compauy." * i 44 To-night then bo it," sa^^Ment/, IJ 44 though my hirtfd is in >'"t \ in f! and segars ar^ no friends tojtfce nerve*.* ^ ' 14 Host tliott refuse me, thWl" demagVv M m