Now, the young man, whose large stakes a few minutes ago caused such a sensation, is the same Peter Crazy, the widow's adopted son; and he came here to-night to complete his ruin. But I must now relate what became of him after becoming possessed of a princely fortune.
At the time he came into possession of this fortune, Crazy did not know the difference between one thousand and one hundred thousand dollars. He could hardly write his name; and, unfortunately, he had nobody to warn him against the dangers that beset the youth of this world, and to make of him, instead of a spendthrift, a man useful to society.
Suppose a philanthropist, a good-hearted, high-minded man, should suddenly come into possession of two millions of dollars, what a benefactor he might prove to his fellow-creatures! What useful and benevolent institutions he might found! What improvement might every branch of human labor receive if he chose to apply to it a portion of his wealth.
As soon as it became known that Crazy had inherited a large fortune, many adventurers, with whom the new Eldorado swarmed, pounced upon him like birds of prey upon a carcass; and then commenced for Crazy a life of prodigality and vice, the end of which is near at hand.
In Philadelphia, he stopped with his cronies at one of the most elegant and spacious hotels of the city, stipulating for the exclusive use of it during their stay. He bought fine horses, carriages of the most approved pattern, and furnished a _maison de joie_, where he reveled every night. Many Philadelphians will long remember his daily freaks of extravagance. I will relate one as a sample of the others. One day, as a regiment stopped in the city on its way to the West, he presented it with one thousand baskets of champagne--one basket to each man--a piece of liberality that cost him twenty-five thousand dollars. After spending half a million dollars in the Quaker City, he came to New York in search of new excitements.
Here he met with persons who aroused a new feeling in his mind--that of pride. Those capitalists and speculators who drive their fancy teams in Central Park, who keep racehorses, who do their best to resuscitate the fine old times of France under the Regency, were not, he was told, as wealthy as himself. He was bound to live in style, lest he should be taken for a shoddy contractor, who does not know how to spend his money. Crazy, therefore, imitated the leaders of fashion--but in the same way European wood-cutters are imitated by Australasian savages, who, when they cut down a tree, wait for its fall until they are crushed by its weight. He kept as many as forty horses; bet heavily at the races, and lost every time; and hired a theatrical troupe, whom he provided with costly costumes, and who played only for himself and a few friends. One night he was so delighted with the saltatory skill and _pirouettes_ of the dancing-girls of his troupe, that he presented each of them, with a gracefulness of manner that Buckingham himself would have envied, pearls and diamonds worth over one hundred thousand dollars. In short, for a year, he indulged in all conceivable dissipations. But Providence has in store for him one of those visitations that, from time to time, startle and instruct the world.