have indulged a hope of some day going to heaven, and
possibly to Boston [laughter]—on the other
hand, a hard fate has compelled them to be millionaires,
living in palaces on Murray Hill, to confine their
agricultural operations to the Swamp, and to eke out
a precarious livelihood by buying what they do not
want and selling what they have not got. [Laughter
and applause.] Remembering this debt, I thought that
it was at least due to you that, in recognition of
your courtesy, I should come over and confess judgment,
and put you out of suspense by telling you at once
that the assets will not pay for the expenses of distribution.
The best I can do is to make you a preferred creditor.
[Laughter.] I have heard that an Israelite without
guile, doing business down in Chatham Street, called
his creditors together, and offered them in settlement
his note for ten per cent, on their claims, payable
in four months. His brother, one of the largest
creditors, rather “kicked”; but the debtor
took him aside and said, “Do not make any objections,
and I will make you a preferred creditor.” [Laughter
and applause.] So the proposal was accepted by all.
Presently, the preferred brother said, “Well,
I should like what is coming to me.” “Oh,”
was the reply, “you won’t get anything;
they won’t any of them get anything.”
“But I thought I was a preferred creditor.”
“So you are. These notes will not be paid
when they come due; but it will take them four months
to find out that they are not going to get anything.
But you know it now; you see you are preferred.”
[Renewed laughter.]
In casting about for a subject (in case I should unhappily
be called on to occupy your attention for a moment),
I had thought on offering a few observations upon
Plymouth Rock; but I was deterred by a weird and lurid
announcement which I saw in your papers, appearing
in connection with the name of an eminent clothing
dealer, which led me to apprehend that Plymouth Rock
was getting tired. [Laughter.] The announcement read,
“Plymouth Rock pants!” I presumed that
Plymouth Rock was tired in advance, at the prospect
of being trotted out once more, from the Old Colony
down to New Orleans, thence to San Francisco, thence
to the cities of the unsalted seas, and so on back
to the point of departure. [Great laughter.] Upon
fuller examination, I found that the legend read,
“Plymouth Rock pants for $3.” It seemed
to me that, without solicitation on my part, there
ought to be public spirit enough in this audience to
make up this evening the modest sum which would put
Plymouth Rock at ease. [Great laughter.]
As I look along this board, Mr. President, and gaze
upon these faces radiant with honesty, with industry,
with wisdom, with benevolence, with frugality, and,
above all, with a contented and cheerful poverty, I
am led to ask the question, suggested by the topic
assigned me in the programme, “Why are we New
Englanders so unpopular?” Why those phrases,
always kept in stock by provincial orators and editors,