The Easy Chair has the more feeling upon this subject because directly opposite to the vast and many-windowed building from which it surveys the world stands the old Walton House. Eighty years ago it was one of the finest houses in town. The Square, where now business hums and roars, then softly murmured with fashion, and this was the Faubourg St. Honoré of the republican city. The house still has the stately air of the old régime. The stone pediment of the windows is elaborate and arrests the idle eye. But it is now a sailors' boarding-house. The walls are cracked, and the house has an indescribable aspect of shabbiness and neglect. Surrounded by the mere mob of three-storied modern brick buildings, it has evidently become reckless and lost to shame, like a king's heir fallen into debauched and degraded courses. Long since slighted and forgotten, its peers utterly gone, their descendants moved miles away, and become a modern generation about the reservoir on Murray Hill, the Easy Chair has yet more than once, late on a summer afternoon, when trade had gone up-town, and silence and dreams were setting in, beheld the old Walton House glancing covertly across the street at our modern, many-windowed, bustling palace of busy traffic with a look of high-born haughtiness and contempt. "There may be trade going on within my walls," it seems to say as it gazes, "but I am innocent of it. I was not built for trade, at least." And then the Easy Chair, with its own eyes fixed upon the cracked and leaning walls, seems to see it reeling away into its dingy obscurity.

It is a tradition of Franklin Square that Washington once lived in the Walton House; and it is certain that Citizen Genet married there the daughter of Governor George Clinton. Once indeed, some years since, the Easy Chair, hearing an extraordinary and novel sound like the smooth rolling of a stately chariot, thought, as the day was late and the twilight was already beginning, that some of the fine old societies of that fine old day had somehow forgotten themselves into somehow returning to the scene of so much last-century festivity; and anxious to see both them and their amazement at the transformation of the fashionable square, rolled itself to the window, and, looking out--saw the first horse-car rumbling gravely along to the neighboring ferry.

From the Easy Chair, series 3 — Part 51