On the banks of the Hudson, in one of the oldest settled counties of New-York, stood the handsome dwelling of Arthur Pratt, the elder. All that wealth could buy was lavished upon the elegant house and grounds, to gratify the taste of the owner.

Mr. Pratt (or Colonel Pratt, as he was more generally called) had married quite early in life, and having inherited a large fortune from his father, sought out for himself and bride a home suited to their wealth and station. His wife was a woman of great personal beauty, of most engaging and graceful manners, and distinguished in her own circle for her sweet and unobtrusive piety.

As far as was consistent with what she considered her Christian duty, Mrs. Pratt mingled in the gay scenes with which she was constantly brought in contact; and her gentleness and affability were the comment of all. Col. Pratt having located himself in business (with the desire of having "something to do," which sometimes prompts the millionaire to busy himself in some way) in the adjacent city of New-York, was enabled to pass much of his time in the precincts of his happy home, and at the same time to enjoy the society of the haut ton of the city.

When the happy father clasped to his proud breast his first-born child, the little Arthur, he deemed his happiness complete. The boy was like his father, both in character and beauty; and as he grew in "winsome ways," he became the pride and pet not only of the household, but of friends and visitors. So much indulgence, and openly expressed admiration, did not fail to foster the boy's inherent spirit of pride, and he soon learned to demand concessions and indulgences which were all too rarely denied him. At times, the mother, her fears aroused for the well-being of her child, would remonstrate upon the course of training pursued with him; but a laughing promise of amendment, forgotten almost as soon as given, a kiss, a word of endearment, or a gentle smile, caused the subject to be dropped; not to be renewed until some glaring fault in their darling boy again demanded it.

Gulian seemed sent to his father's arms just in time to prevent the utter ruin, by over-indulgence, of young Arthur. He was a delicate but exquisitely beautiful babe, and his frequent illnesses made deep demands on the endearments hitherto so freely lavished upon his brother. For a time Arthur was highly indignant at the new turn of affairs, and openly resented the slights which necessarily he now often received. Naturally, however, he was of a noble and generous disposition, and soon learned to tenderly love the helpless babe, whose blue eyes would brighten when he drew near, and whose lips murmured, for their first word, "Arty."

Arthur had attained his sixth year when his brother was born; and when time had written Guly a schoolboy, the closest affection united the children, notwithstanding the difference in their years and disposition. Guly, as he was called, though of a cheerful disposition, never displayed that sprightliness and vivacity which characterized Arthur. Even in his merriest moments, a thoughtfulness mingled with his mirth, which rendered him ever attentive to the comfort of others.

There was an attraction about the child which won all hearts—a natural grace and refinement of manner, mingled with a presence whose influence was always for good. With the tattered beggar he came in contact kindly, pressing into his tawny hands the alms he had to give, while Arthur, though equally generous, spoiled his gift by the manner in which it was bestowed, tossing his gold contemptuously at the weary feet of those who asked it, and turning carelessly away. Too early had he learned the power of that wealth to which he might one day becomes the joint heir with his brother, and his pride, perhaps, was censured more than he deserved.

His love for his mother and brother were strong redeeming traits in that self-willed nature, and toward those two beings he ever exercised a lofty and ennobling forbearance. Throughout their school-days he assumed the part of defender and protector toward his younger companion, and if a slur was ever cast upon Guly's meekness, or a taunt uttered at his almost girlish beauty, an earnest champion was ever at his side to adopt his cause, and give the lie to those who dared thus to speak; and Guly in return looked up to Arthur as one brave and manly in all things, a superior both in mind and body; little dreaming of the hour when their stations should seem changed, and he assume the part of guide and guardian over his brother.

Colonel Pratt was desirous that both his children should choose a profession. But Arthur impatiently expressed his distaste for such a course, preferring the busy hum of mercantile life, to the long study necessary to fit him for a profession. Consequently, after having received a good school education, he was placed in his father's store, there to become acquainted with the business under the immediate care and supervision of his doting parent. Gulian at this time was still at school, the same gentle-souled, spiritual-looking boy; who perhaps more than Arthur had wound himself round the fond heart of his mother, and who seemed to love her presence, and cherish her affection, with a depth of feeling unusual in boys of his age.

One morning, late in August, as Colonel Pratt was about to proceed to the city, his wife observed him wandering over the house and grounds with an air of thoughtfulness amounting even to dejection. Astonished at this in one usually so cheerful-hearted, she joined him, and anxiously inquired the cause.

"I have suffered for several days from this same depression of spirits," he answered, with a faint attempt to smile. "Perhaps some wise sightseer might declare it a presentiment of coming evil, but it is no doubt the mere effect of a slight indisposition, occasioned by the extreme heat and application to business."

"Stay at home with me to-day, Arthur!" said his wife, earnestly, reading beneath his attempts to treat the matter lightly a seriousness which he had striven to conceal.

"Nay, my wife," he answered, "it would but seem that I yielded to a superstitious dread. It will all be right to-morrow."

Seeing the boat drawing near, the fond husband bade his wife an affectionate farewell, and hurried to the wharf. She saw him safely on board, and watched the steamer till out of sight.

In life she never saw that husband more. The boat in which he returned was the ill-fated "Empire," which was sunk near Newburgh, and he was among those who perished. The corpse of Colonel Pratt was not discovered until two days had elapsed, and immediate burial was necessary upon the arrival of the body at that dear home whence he had so lately departed. This blow was so severe to his wife, that for several weeks her reason deserted her, in an attack of long-continued illness. She recovered, only to learn, that extensive speculations, whose prospect of certain success had induced Colonel Pratt to invest very nearly the whole of his fortune, had proved an utter failure, and that she and her children were destitute.

Here was something which called forth all her energies, and for her children's sake she nerved herself to action. Their beautiful home, the scene of so much happiness, passed into strangers' hands. Horses and carriage, and even Mrs. Pratt's jewelry, all went in the general ruin. Naught was reserved save enough to purchase a diminutive cottage not many miles from the scene of her former prosperity, and thither she departed, taking with her Arthur and Gulian, who had never before tasted the bitter dregs of poverty or sorrow.

As usual, in such cases, the many friends who had so gladly shared her wealth, now apparently forgot her existence, and she was left to battle with the heavy change alone. It was impossible for them all to live together now, and the mother felt that if Arthur left her, Gillian, too, must go to learn the ways of that world, of the hollowness and falseness of which he as yet knew nothing.

About this time, a Southern paper fell into their hands, containing an advertisement, by a merchant in New-Orleans, for two young clerks, to fill vacancies recently made in his number of assistants. After due consideration, it was determined that they might fill those places, and the merchant was accordingly written to. An answer was immediately returned, desiring that they should come on as soon as possible, stating that it was not his custom to engage Northern clerks, but that it was a season of the year when it was difficult to procure any one, and for this reason he had decided in their favor. He further stated that he should expect them to remain with him winter and summer, as he could not go to the inconvenience of engaging clerks from such a distance, and then have them away three or four months in a year.

On the whole, Mrs. Pratt thought the letter a very stern and disagreeable one in tone, and shuddered as she pictured to herself the character of the writer. What would her delicate and gentle Guly do, in daily contact with such a cold, blunt-lipped man. Still, there was nothing she could devise that would be well for them, and New-Orleans, at that time, was considered an El Dorado, where industry and perseverance soon brought the fickle goddess to bestow her glittering stores. It was a long way to send them from her side, but she experienced a pride which prevented her from applying for situations for them nearer home. Thus, it was decided they should go. In the bright anticipations of future fortune and happiness, which immediately filled his busy brain, in the preparation for departure, and the prospect of his approaching journey, Arthur in a measure forgot the calamity which had over-taken them, and the attendant painful separation from his sole remaining parent. He dwelt enthusiastically upon the fortune he was confident he should soon win. He told how frequent his letters home would be, and hinted that, as soon as practicable, they would contain something more than mere words. His voice, when dwelling upon this subject, was always loud and confident, and even in the midst of all their troubles he sometimes laughed as merrily as of old, when picturing their restored wealth and renewed happiness.

Not so Guly. He hovered round his mother like some gentle spirit; saying but little, yet evincing in every glance of his expressive blue eyes, and in every noiseless footfall, the deep sorrow which lay in the recesses of his young heart. When he spoke it was in accents of tenderness and sympathy for his mother; and though he never talked as Arthur did of the approaching journey, and its results, there was an expression of firmness and determination in his thoughtful face, which more than once forced upon the mother's heart the conviction, that in that distant land, this frail being, after all, might prove the stronger of the two. Daily she warned them of the temptations and snares that would beset their path, and taught them to zealously shun such, as they would a viper in their way. They listened and promised; and when the expected day of departure arrived, bade her adieu in the midst of her tears, and prayers, and blessings. Thus was the widow left utterly alone; yet in her faith she felt not forsaken, knowing that the Father of the fatherless was with her in her woe.