While the means held out his speculations had been magnificent , but were chiefly confined of late years to such small business as adventures in the lottery . Once he had gone on a gold-gathering expedition somewhere to the South , and ingeniously contrived to empty his pockets more thoroughly than ever , while others , doubtless , were filling theirs with native bullion by the handful . More recently he had expended a legacy of a thousand or two of dollars in purchasing Mexican scrip , and thereby became the proprietor of a province ; which , however , so far as Peter could find out , was situated where he might have had an empire for the same money -- in the clouds . From a search after this valuable real estate Peter returned so gaunt and threadbare that on reaching New England the scarecrows in the corn-fields beckoned to him as he passed by . `` They did but flutter in the wind , '' quoth Peter Goldthwaite . No , Peter , they beckoned , for the scarecrows knew their brother . At the period of our story his whole visible income would not have paid the tax of the old mansion in which we find him . It was one of those rusty , moss-grown , many-peaked wooden houses which are scattered about the streets of our elder towns , with a beetle-browed second story projecting over the foundation , as if it frowned at the novelty around it . This old paternal edifice , needy as he was , and though , being centrally situated on the principal street of the town , it would have brought him a handsome sum , the sagacious Peter had his own reasons for never parting with , either by auction or private sale . There seemed , indeed , to be a fatality that connected him with his birthplace ; for , often as he had stood on the verge of ruin , and standing there even now , he had not yet taken the step beyond it which would have compelled him to surrender the house to his creditors . So here he dwelt with bad luck till good should come . Here , then , in his kitchen -- the only room where a spark of fire took off the chill of a November evening -- poor Peter Goldthwaite had just been visited by his rich old partner . At the close of their interview , Peter , with rather a mortified look , glanced downward at his dress , parts of which appeared as ancient as the days of Goldthwaite & Brown . His upper garment was a mixed surtout , woefully faded , and patched with newer stuff on each elbow ; beneath this he wore a threadbare black coat , some of the silk buttons of which had been replaced with others of a different pattern ; and , lastly , though he lacked not a pair of gray pantaloons , they were very shabby ones , and had been partially turned brown by the frequent toasting of Peter 's shins before a scanty fire . Peter 's person was in keeping with his goodly apparel . Gray-headed , hollow-eyed , pale-cheeked and lean-bodied , he was the perfect picture of a man who had fed on windy schemes and empty hopes till he could neither live on such unwholesome trash nor stomach more substantial food . But , withal , this Peter Goldthwaite , crack-brained simpleton as , perhaps , he was , might have cut a very brilliant figure in the world had he employed his imagination in the airy business of poetry instead of making it a demon of mischief in mercantile pursuits . After all , he was no bad fellow , but as harmless as a child , and as honest and honorable , and as much of the gentleman which Nature meant him for , as an irregular life and depressed circumstances will permit any man to be . As Peter stood on the uneven bricks of his hearth looking round at the disconsolate old kitchen his eyes began to kindle with the illumination of an enthusiasm that never long deserted him . He raised his hand , clenched it and smote it energetically against the smoky panel over the fireplace .
`` The time is come , '' said he ; `` XXXXX such a treasure at command , it were folly to be a poor man any longer .
After about against at beneath beyond of than till with