An opinion prevails almost universally in the world, that he who has money has every thing. This is not a modern paradox, or the tenet of a small and obscure sect, but a persuasion which appears to have operated upon most minds in all ages, and which is supported by authorities so numerous and so cogent, that nothing but long experience could have given me confidence to question its truth.

But experience is the test by which all the philosophers of the present age agree, that speculation must be tried; and I may be therefore allowed to doubt the power of money, since I have been a long time rich, and have not yet found that riches can make me happy.

My father was a farmer, neither wealthy nor indigent, who gave me a better education than was suitable to my birth, because my uncle in the city designed me for his heir, and desired that I might be bred a gentleman. My uncle's wealth was the perpetual subject of conversation in the house;1 and when any little misfortune befel us, or any mortification dejected us, my father always exhorted me to hold up my head, for my uncle would never marry.

My uncle, indeed, kept his promise. Having his mind completely busied between his warehouse and the ‘Change, he felt no tediousness of life, nor any want of domestick amusements. When my father died he received me kindly; but, after a few months, finding no great pleasure in the conversation of each other, we parted, and he remitted me a small annuity, on which I lived a quiet and studious life, without any wish to grow great by the death of my benefactor.

But tho' I never suffered any malignant impatience to take hold on my mind, I could not forbear sometimes to imagine to myself the pleasure of being rich; and when I read of diversions and magnificence, resolved to try, when time should put the trial in my power, what pleasure they could afford.

My uncle, in the latter spring of his life, when his ruddy cheek and his firm nerves promised him a long and healthy age, died of an apoplexy. His death gave me neither joy nor sorrow. He did me good, and I regarded him with gratitude; but I could not please him, and therefore could not love him.

He had the policy of little minds, who love to surprize; and having always represented his fortune as less than it was, had, I suppose, often gratified himself with thinking, how I should be delighted to find myself twice as rich as I expected. My wealth was such as exceeded all the schemes of expence which I had formed, and I soon began to expand my thoughts, and look round for some purchase of felicity.

The most striking effect of riches is the splendour of dress, which every man has observed to enforce respect, and facilitate reception; and my first desire was to be fine. I sent for a taylor who was employed by the nobility, and ordered such a suit of cloaths as I had often looked on with involuntary submission, and am ashamed to remember with what flutters of expectation I waited for the hour when I should issue forth in all the splendour of embroidery. The cloaths were brought, and for three days I observed many eyes turned towards me as I passed: but I felt myself obstructed in the common intercourse of civility, by an uneasy consciousness of my new appearance; as I thought myself more observed, I was more anxious about my mien and behaviour; and the mien which is formed by care is commonly ridiculous. A short time accustomed me to myself, and my dress was without pain, and without pleasure.

For a little while I tried to be a rake, but I began too late; and having by nature no turn for a frolick, was in great danger of ending in a drunkard. A fever, in which not one of my companions paid me a visit, gave me time for reflection. I found that there was no great pleasure in breaking windows and lying in the round-house; and resolved to associate no longer with those whom, tho' I had treated and bailed them, I could not make friends.

I then changed my measures,c kept running horses, and had the comfort of seeing my name very often in the news. I had a chesnut horse, the grandson of Childers,2 who won four plates, and ten bye-matches; and a bay filly, who carried off the five years old plate, and was expected to perform much greater exploits, when my groom broke her wind, because I happened to catch him selling oats for beer. This happiness was soon at an end; there was no pleasure when I lost, and when I wond I could not much exalt myself by the virtues of my horse. I grew ashamed of the company of jockey lords, and resolved to spende no more of my time in the stable.

It was now known that I had money and would spend it, and I passed four months in the company of architects, whose whole business was to persuade me to build a house. I told them that I had more room than I wanted, but could not get rid of their importunities. A new plan was brought me every morning; till at last my constancy was overpowered, and I began to build. The happiness of building lasted but a little while, for though I love to spend, I hate to be cheated; and I soon found that to build is to be robbed.

How I proceed in the pursuit of happiness, you shall hear when I find myself disposed to write.