he had married a young actress, who had enjoyed the splendors of her sudden elevation for three years, and had then died, leaving her husband but one legacy—a baby daughter.
Very shortly after her death the colonel's fortunes began to decline. He put on a bold front and was more lavish in his expenditures than ever, for his belief in himself was unshakable. Then stories of his reverses got abroad, and people said the whole brief span of his glory had been a piece of pure and unmerited luck; as a financier he had no ability. The misfortune which attended all his later investments seemed to prove this assertion. His money melted like wax before fire. He bought largely of land about South Park and Rincon Hill when it was at its highest, refused to sell out, and saw the tide of popularity move to the other side of the city, leaving him overweighted with real estate upon which he could not pay the taxes. He mortgaged it to its full value, speculated with the money, and lost it. Ten years after his wife's death he was ruined. Twenty years after saw him living in the house near South Park, the sole possession left him.
The colonel took his defeat bravely. He held his head as high as ever and accepted patronage from no man. When some one suggested that he should apply for aid to the Society of Pioneers he looked as haughtily amazed as
