EFFECTING A LOAN.
As Dan stood on the sidewalk with his bundle of papers, and only forty
cents toward the two dollars and a half required for the rent, he felt
like many a business man who has a note to meet and not enough money on
hand to pay it. Indeed, he was worse off, for generally business men
have friends who can help them with a temporary loan, but Dan's friends
were quite as poor as himself. One, however, Dick Stanton, a mere boy,
had the reputation of being more saving than his companions. It was
known that he had an account in the Bowery Savings Bank, and among the
street boys he was considered wealthy.
"Perhaps I can borrow two dollars of him," thought Dan, as Dick passed
him on his way to Canal street.
"I say, Dick," said Dan, "stop a minute. I want to speak to you."
"Go ahead, Dan."
"I want you to lend me two dollars. Our rent is due, and I can raise it
all but that."
Dick shook his head, and was about to speak, when Dan said hurriedly,
for he felt that it was his last chance:
"You needn't be afraid of me, Dick; I'll pay you sure, and give you more
interest, too, than you get in the bank."
"I haven't got any money in the bank, Dan."
"You had last week," said Dan, suspiciously.
"So I had, but I haven't now."
"You don't want to lend--that's what's the matter."
"You are mistaken, Dan. I'm not a bit afraid of lending to you, but I
have lent my money already."
"Who to?" asked Dan, ungrammatically, falling into a mistake made by
plenty of greater age and better experience than himself. "Of course it
isn't any of my business," he added, "if you don't want to tell."
"I don't mind telling you, Dan. I've lent it to my aunt. She's got two
children, and a hard time to get along. Perhaps I shall never see it
again, but I couldn't refuse her."
"Of course you couldn't," said Dan, heartily. "You've done right, and
you won't be sorry for it. I wish I knew some way of making two dollars
before twelve o'clock."
"Are you in urgent need of two dollars, my boy?" asked a pleasant voice.
Dan turned, and met the face of the stranger introduced in the first
chapter.
"Yes, sir," he answered. "I want it the worst way."
"Have you been extravagant and run up bills, Dan?"
"No, sir; the only bill we have is the rent, and that comes due this
noon."
"How much is it?"
"Six dollars, sir."
"I thought you said you wanted to borrow _two_ dollars."
"I've got four dollars toward it, sir."
"Do you often fall behind when rent day comes, Dan?"
"No, sir; this is the first time in two years."
"How do you account for it? Has business been duller than usual during
the last month?"
"Yes, sir, I think it has. There hasn't been as much news in the papers,
and my sales have fallen off. There's another thing, too."
"What is that?"
"Mother has a dollar and twenty cents due her, and she can't collect
it."
"Is it for making vests?"
"Yes, sir. Mr. Gripp won't pay till she has made a full dozen."
"That seems inconsiderate."
"Oh, he's a mean fellow."
"I've a great mind to buy the debt of you."
"I wish you would, sir," said Dan, eagerly. "That would leave only sixty
cents short, for I shall make ten cents more before twelve o'clock, it's
likely."
"It is only half-past eleven. To put you quite at ease, I mean to lend
you five dollars, and help you collect your mother's bill."
"You are very kind, sir," said Dan, surprised and grateful; "but I don't
need so much."
"You may get short again when I am not here to assist you."
"Are you not afraid I shall never pay you, sir?"
"That thought won't keep me awake nights," said the gentleman, laughing.
"You sha'n't lose anything by me, sir; I promise you that," said Dan,
earnestly.
"Then come into the hotel with me, and we will arrange the matter in a
business-like way."
"All right, sir."
Dan followed his new friend into the Astor House, and up stairs into a
pleasant bedroom, which in its comfortable apartments reminded Dan of
the days before his father's failure.
"I wish I could live so again," he thought. "I don't like a
tenement-house."
Mr. Grant--for this was his name--took writing materials from his
valise, and seated himself at a table.
"I am going to draw up a note for you to sign," he said. "I probably
understand better than you the necessary form."
"Thank you, sir."
His pen ran rapidly over the paper, and in a minute or two he handed Dan
the following form of acknowledgment:
"NEW YORK, Sept. 15, 18--.
"For value received I promise to pay to Alexander Grant five
dollars on demand with interest."
"Now," said Mr. Grant, "put your name at the bottom."
Dan did so.
"I added 'with interest,' but only as a form; I shall require none."
"I would rather pay it, sir."
"That may be as you please. How much will six per cent. interest make it
amount to in a year?"
"Five dollars and thirty cents," answered Dan, promptly.
"Good! I see you have not forgotten what you learned in school."
"I have ciphered through cube root," said Dan, with some pride. "I am
not sure whether I remember that now, but I could do any sum in square
root."
"It is a pity you could not have remained in school."
"I should like to; but it's no use crying for spilt milk."
"As long as you didn't spill it yourself," added Mr. Grant.
"No, sir; it was not my fault that I had to leave school."
Mr. Grant folded up the note and carefully deposited it in his wallet.
"The next thing is to hand you the money," he said. "Shall I give you a
five-dollar bill, or small bills?"
"Small bills, sir, if it is just as convenient."
Mr. Grant placed in Dan's hands two two-dollar bills and a one.
"One thing more," he said. "Give me an order on Mr. Gripp for the money
due your mother. It is as well to have it in your own handwriting. I
won't tell you how to write it. See if you can find a way."
Dan wrote an order, which Mr. Grant pronounced satisfactory.
"On the whole," said he, "I believe I will take you with me when I call
upon Mr. Gripp. Can you call here at three o'clock this afternoon?"
"Yes, sir."
"That is settled, then. We will see whether Mr. Gripp will be any more
polite to me than he was to you."
"He will be surprised to see me in your company," said Dan, laughing.
"It is a good thing to surprise the enemy, Dan. A surprise often leads
to victory. When does your landlord call for his rent?"
"Between twelve and one."
"Then I won't detain you longer. Remember your appointment at three."
"I won't forget it, sir."
"Well, I'm in luck!" said Dan to himself, as he emerged into the street.
"Who would have thought that a stranger would lend me so large a sum?
He's a trump, and no mistake. Now, if I could only sell the four papers
I have left before twelve o'clock. I don't want to get stuck on them."
Fortune was not tired of favoring Dan. In ten minutes he had sold his
papers, and turned his steps toward the humble home where his mother was
awaiting, not without anxiety, the visit of an unamiable landlord.