cam_hparker_2311_f005_003.3

I see by the Papers brought by the Nicaragua
Steamer, which left New York four days after the
Mail Steamer, that the firm of Thacher, Mitchell
&c in Boston have failed. It is the same firm
that I was with for ten months.

Soon after I came to California Mr Shaw
withdrew his interest from the firm, and
Mr Mitchell, formerly a salesman entered
into copartnership [co-partnership] with Mr Thacher, and
they have continued to do business together
ever since, until now when it appears
that they have failed.

So you see that others beside our friend
Mr T. sometimes get into difficulty, and are
obliged to compromise with their conditions
and alter their affairs in a way, that we
do not exactly call honorable.

So long as we are prosperous, we are
very apt to tell how differently we should
do if we were placed in the same situation
as those who only pay, a certain per centage [percentage]
of their debts, but place us in the same
circumstances we should perhaps do the same
as those do whom we censure --

Are we not, more willing to preach
than to perform? Perhaps you may think that
by my manner of reasoning, that I am paving
the way, to enter on a dishonorable course
myself, but candidly, I have no idea of
dealing