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orse, and letting in a less ferocious one. The same performance was gone through with him, as already described, except that this one was conquered. At last, when the bull pitched at the man, he holds his sword in such a way that the weight of the animal comes on it, and passes between his foreshoulders and penetrates his heart. In an instant the back wilts and the animal lies dead. It was the most sudden change, from full vitality to death; it startled you. It's a shock to your nervous system. My friend and myself said it was the first and last bull-fight we would ever see. The price of lumber and vegetables kept up. I paid forty cents a pound for potatoes in buying provisions for the hands on my brig. I furnished them enough to last them on the up trip, but not for the return, so they would hurry back. It was now time for the vessel with the houses to arrive, and I expected to buy a ship with the money, and to go to the Sandwich Islands and make, what I considered, a fortune for me, but alas! no _Prince de Joinville_ came. It was hope deferred. Finally the rainy season set in in full blast, and all consumption of lumber stopped. The high price had stimulated shipments from everywhere. There was a big reaction in the price. The first prominent failure in the city took place, I think it was Ward & Co., commission merchants and private bankers. It was said it was owing to his large orders of shipments of lumber to that market. He shot himself with a pistol in the morning in his bedroom and died, knowing that he could not meet his creditors if he went to his place of business. About this time it was announced from Telegraph Hill that my vessel, with the houses, was entering the port two or three months after she was due, striking a glutted market. I had four or five thousand dollars to raise to pay the freight on them to get possession of them, or I would lose the capital invested. So instead of making $18,000 profit, which I might have made if they had come on time, I was running the risk of losing the capital invested in them. Colonel Stevenson had selected six of them some time before, which he wanted for his New York of the Pacific, which he said he would make me an offer on as soon as they arrived. I saw it was my only chance to save myself to close that sale. I was at his office in the morning as soon as there was any probability of they being there. I said to him: "The houses have arrived. I am ready to receive you
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