Welsh Newspapers

Search 15 million Welsh newspaper articles

Hide Articles List

19 articles on this Page

—I OUR SHORT STORY .1

News
Cite
Share

— I OUR SHORT STORY 1 BALANCED ACCOUNTS. The* firm of Henry Medealf and Son ffiO&1 Undeniably .-tocxi well on 'Change, acd the house ww, as the saying ia, "sound as a bell." Messrs. Henry Mo da If and Son were en- gaged in the East India trade—the business had been handed from father to son for many years, and the owners of the firm in Leaden- hnll- rc°t were aa well known to all the Lcn- don merchants in their trade an is St. Paul's Cathedral to the ordinary Londoner. The senior partner, Henry Medealf, now in his 65;li year, hid practically retired from the firm, attended only occasionally, and left the general management that business TO nis son Charles, upon whom he placed the utmost confidence. Such confidence WM nor mis- placed, m Charles was a shrewd business man, but honest and <tra,ightfc>i\vard as the day. Ii" was al^o of a kindly disposition, P,.ad was, like his father, always ready to do all in his power to alleviate distress. He was a bache- lor of about 30 years of age, and at the time our sketch commences he seriously entertained tho idea of fakir,? unto himself a wife, and setting up in life on 'hit, own account. On the morning of the 25th o. Ma.y, Mr. Charles Mtdealf is seuted in his private office engaged in opening vhe letters whch had just bten laid on his table. In the outer office the I clerks were busy at their accounts, and the who!t establishment presented that strict business-like appearance inseparable from a we) 1 reflated ins ti-t ut ion. While Mr. Medealf was -inward-iy Jigestinc; tihe correspondence. a young stranger presented himself and asked to see one of the firm. He was probably 25 or 26 years of age, and had was probably 25 or 26 years of age, and had the appearance off -being respectably brought up and edooated The 'threc-d-bare condition of his clothes and the general appearance of the outer man would, however, have led a stranger to suppose that fortune had played sad pranks witlh him of late. He stepped into Mr. Mcd<-ttlfe Tooyn, and, at the desire of one of the clerks, stated esplicitly and concisely I his position, and requested 'Mr. Medealf to give him employment. He was told that at the present time every position in the establish- ment was fiLed, and Nir. Medealf regretted his inatiJili'ty tc help him, and really felt sorry for him. He felt an interest in 'him, an interest he himself could by no means account for. and —I And requested 1ft. Me teal f to give him employment. I wished it possible-to help him. Having hr-t asked his name, which appeared to be Edward Oakley, and some further questions, Air. Medealf suggested his calling the follow- ing day, and in the meanwhile lie promised to do what he could to help him, but guarded "him against be-in? too sanguine. On the following day Oakley called at Leadenhall-street, and Mr. Medealf asked him .t he were willing to go out to India, which Edward, thanking him, expressed himself quite ready to do. It appeared that a veswei, the rtalitan by name, in which Messrs. Medcalf and Son were largely interested, "was about to sa:l for Calcutta. Oakley shipped ae purser's clerk for the voyage out, with the privilege of re- maining abroad, if he desired it, or making the return trip to England. Charier Medealf was so satisfied with young Oakley previous to the vessel sailing that he made him a present of twenty guineas on leaving, as a help, should he prefer to stay in India, and felt afterwards satisfied that he had. done a. kindly action towards him. Twenty guineas was not much to a man in Charles Medoaif'a .position. but it was quite a small fortune to our friend Ed- ward, who shoritly after his arrival in Calcutta got a situation in a merchant's office, who was a correspondent of MesBrg. Medcaif and Son, and who took him on their representation. Years -oiled on almost imperceptibly, until twenty years bad passed1, never to return. During this timo Dame Fortune had not smiled 00 the Leardenliali-stree* firm (it still retained its old name, although Henry Medcalf had some jteans sines been gathered to his fathersi). Tive or six years after Oakley's departure 'for India, a serious financial crisis arose, and Messrs. Medealf and SOD were very heavy loe?i? through the failure of n. large mercantile firm in which they were involved. This with other 1 os*is —competition in trade, dullness of times generally, and tightness in the money marlet- had weighed so hea.vily on the firm that for the last six months it was as mucii as they could do to hold their own. One evening in the month of November, Mi. Medealf and his senior accountant, Mr. Stevens, were alone in the office. It was about eleven 5'cloek, and they were for the hundredth time •ooking over the ledger and accounts-the mote they lcoked the more gloomier matters ap- peared, and utter ruin and bankruptcy seemod 10 stare them in the face. "WelL .Stwens," said Mr. Medealf, "Lanyou tee no way for sustaining our credit and tiding ■>er the present difficulty, or iyiua the old time- honoured houtie of Henry Medealf and Son how its head in the storm? Thank God) my father wars spared this trial. "i aoi airaid not," saiid Stevens. "To save "I am that Mr. Oakley." I u-euit we mujt meet our acceptances-, which we cannot do. is Moorehead, Sinclair, and Co.4 draft for 36 due to-morrow; if we by any possibility provide for this, we should be safe for this time." Char.es tdiook his head. "It can't be done." "Well." said Mr. Medealf, as he pre- pared to retire for the night, "we can- not improve matters r^w. If we must fail- we must, but at least we will do it honour- ably." We w^ll now, witlh the reader's sanction, transfer him to ancchfir and far different scene. In the coffee-roam of one of those comfortably hotels, a purely English institution, situated in Bishopsiga.te-frtnfs, are seated thrf-e gentle- men all are smoking, and all eetfm com- fcrtOOle. Two out of tlta three ars evidently city merehams, n.nd are in casual conversation; the t'hird, and perhspa the youngeiri of the party, j* bogy reading. "By tie fe?e, Chalmers, raid one of the gieiiUemea.—ooaiiy^; the con v erratic u. "I t aim sorry whear that Messrs. Medealf and Son, of Leadenhall-strest, cannot help but br^ak it is a pity for such an old homse, and Chule6 is a. good. honourable man, every inch cf hun. They hank at the Oriental, I also do my busi- ness there, and Ihøar that they have very heavy demands on item to-morrow and they must give way. The gentleman who was read- ing overheard this conversation, raised his head quickly, an expression of pain crossed his face, but he sa,id nothing, and all three shortly retired for the night. On the mor- row, an eventful day for Charier Medealf, a gentleman called at the Oriental Bank as from Messrs. Medealf and Son, paid £15,236, end tuok their acceptance a.way witii him. Nothing of particular momer.t occurred at Medcaif's office the da.y Mcorehead's draft matured, but the next morning Mr. Medealf was certainly surprised at nctl receiving hcth-e of protest of the draft, but no such notice was served on him. In the afternoon a. gentleman called on Mr. Medealf, and produced the identical draft rn question. Mr. Medealf was about1 to explain how impossible it waa for him to provide for it, when the- stranger stopped him, saying Lc was already paid and aettled, and handed hm. the draft duly cancelled. "Paid a.nd settled,' said Charles, looking amazed; "by whom?" "By me," said tbe stranger. "Mr. Med- ealf, do you recollect once, about twenty years ago, having compassion cn a. young man?—you gave him a. helping hand in. the world, sellot him out to Calcutta in the Sultan, åml provided him with money." "Certainly," sa.:d Mr. Medealf; "it wsw a Mr. -a Mr. Oakley, I think—Edward Oak Ley but I have ,}f late years lost track of him." "1 alII that Mr. Oakley," said the stranger, whose eyes were suffused with tears, "and I am now only too happy to have been of ser- vice to my benefactor." The gentlemen then heartily shook ham12 j explanations were interchanged. Mr. Oakley's affairs had flourished in India he had amassed an immense fortune, and had just returned to England for the good of hia health, in time to sustain the tottering house of Henry Medealf and Son. and to prove that, at lea-st, he was grateful for the former kindness bestowed on hur>. Mr. Medealf, much to his jOi, found that his kind-hearted action and consideration for another had brought forth fruit in due season. Shortly Mr. Oakley was admitted as a partner in the house of Hariry Medealf and Son, with whom was associated tha faithful Mr. Stevens. The firm retained its position in the trading fraternity, and is quoted as sound aud responsible as ever. 'immmmwi"

EDITING A PAPER.

IFOX SAILORSTFRIENDS.

A CONTINENTAL HOLIDAY.

[No title]

Social and Personal .

[No title]

OVER THE NUTS AND WINE .

From Far and NearI

[No title]

Advertising

CYCMNG.

M 0 I)KLI MIT8 IC IAN S.

------------womYJx'mWoN.

Advertising

IMETEOR

-LOCAL NEWS ITEMSj

[No title]

Advertising