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the law was repealed as soon as it had done its duty. That is a much darker spot in our history than what is called repudiation, though perfectly honest men voted for it." "Did you ever hear of a farce they got up about it at New York, just after we sailed?" "Never; what was it, Hugh? though American plays are pretty much all farces." "This was a little better than common, and, on the whole, really clever. It is the old story of Faust, in which a young spendthrift sells himself, soul and body, to the devil. On a certain evening, as he is making merry with a set of wild companions, his creditor arrives, and, insisting on seeing the master, is admitted by the servant. He comes on, club-footed and behorned, as usual, and betailed, too, I believe; but Tom is not to be scared by trifles. He insists on his guest's being seated, on his taking a glass of wine, and then on Dick's finishing his song. But, though the rest of the company had signed no bonds to Satan, they had certain outstanding book-debts, which made them excessively uncomfortable; and the odour of brimstone being rather strong, Tom arose, approached his guest, and desired to know the nature of the particular business he had mentioned to his servant. 'This bond, sir,' said Satan, significantly. 'This bond? what of it, pray? It seems all right.' 'Is not that your signature?' 'I admit it.' 'Signed in your blood?' 'A conceit of your own; I told you at the time that ink was just as good in law.' 'It is past due, seven minutes and fourteen seconds.' 'So it is, I declare! but what of that?' 'I demand payment.' 'Nonsense! no one thinks of paying now-a-days. Why, even Pennsylvania and Maryland don't pay.' 'I insist on payment.' 'Oh! you do, do you?' Tom draws a paper from his pocket, and adds, magnificently, 'There, then, if you're so urgent--there is a discharge under the new bankrupt law, signed Smith Thompson.' This knocked the devil into a cocked-hat at once." My uncle laughed heartily at my story; but, instead of taking the matter as I had fancied he might, it made him think better of the country than ever. "Well, Hugh, we have wit among us, it must be confessed," he cried, with the tears running down his cheeks, "if we have some rascally laws, and some rascals to administer them. But here comes Jacob with his letters and papers--I declare, the fellow has a large basket-full." Jacob, a highly respectable black, and the great-grandson of an old negro nam
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