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SIR WALTER SCOTT.
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a very familiar one to us. But when the hurricane of 1825 came on, it swept away all those buildings that were not founded on a rock, and those of Messrs. Constable, among others, soon became literally mere castles in the air—in plain English, the firm stopped payment. The assets were very trifling in comparison with the debts; and Sir Walter Scott was found on their paper to the frightful amount of one hundred thousand pounds!

His conduct on the occasion was precisely what was to have been anticipated from one who had declared on a similar, though much less appalling conjuncture, "I am always ready to make any sacrifices to do justice to my engagements, and would rather sell anything, or everything, than be less than a true man to the world." He put up his house and furniture in town at auction, delivered over his personal effects at Abbotsford, his plate, books, furniture, &c., to be held in trust for his creditors (the estate itself had been recently secured to his son on occasion of his marriage), and bound himself to discharge a certain amount annually of the liabilities of the insolvent firm. He then, with his characteristic energy, set about the performance of his Herculean task. He took lodgings in a third-rate house in St. David's-street, saw but little company, abridged the hours usually devoted to his meals and his family, gave up his ordinary exercise, and, in short, adopted the severe habits of a regular Grub-street stipendiary.

"For many years," he said to Mr. Gillies, "I have