Indeed his credit was injured instead of helped by the
prudent step be had taken. It was regarded as a sure evidence of his
embarrassment, and it was much more difficult for him to obtain help than
if he had, instead of retrenching, launched into some new speculation.
Philip was greatly troubled, and exaggerated his own share in the
bringing about of the calamity.
"You must not look at it so!" Mr. Bolton wrote him. "You have neither
helped nor hindered--but you know you may help by and by. It would have
all happened just so, if we had never begun to dig that hole. That is
only a drop. Work away. I still have hope that something will occur to
relieve me. At any rate we must not give up the mine, so long as we have
any show."
Alas! the relief did not come. New misfortunes came instead. When the
extent of the Bigler swindle was disclosed there was no more hope that
Mr. Bolton could extricate himself, and he had, as an honest man, no
resource except to surrender all his property for the benefit of his
creditors.
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