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84 start in business. Many made merry over "the great merchant," but before the year was ended, the sharp-seeing eyes of the Ghetto saw that Ephraim had "a lucky hand." Whatever he undertook he followed up with a calmness and tact which often baffled the restless activity of many a big dealer, with all his cuteness and trickery. Whenever Ephraim, with his pale, sad face, made his appearance at a farmstead, to negotiate for the purchase of wool, or some such matter, it seemed as though some invisible messenger had gone before him to soften the hearts of the farmers. "No one ever gets things as cheap as you do," he was assured by many a farmer's wife, who had been won by the unconscious eloquence of his dark eyes. No longer did people laugh at "the little merchant," for nothing so quickly kills ridicule as success.

When, two years later, his Uncle Gabriel came again to see how the children were getting on, Ephraim was enabled to repay, in hard cash, the money he had lent him.

"Oho!" cried Gudule's brother, with big staring eyes, as he clutched his legs with both hands, "how have you managed in so short a time to save so much? D' ye know that that's a great deal of money?"

"I've had good luck, uncle," said Ephraim, modestly.

"You've been . . . playing, perhaps?"