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was the name of a plantation which was one of the numerous possessions of P. Desmit, Colonel and Esquire, of the county of Horsford, in the northernmost of those States which good Queen Caroline was fortunate enough to have designated as memorials of her existence. The plantation was just upon that wavy line which separates the cotton region of the east from the tobacco belt that sweeps down the pleasant ranges of the Piedmont region, east of the Blue Appalachians. Or, to speak more correctly, the plantation was in that indeterminate belt which neither of the great staples could claim exclusively as its own—that delectable land where every conceivable product of the temperate zone grows, if not in its rankest luxuriance, at least in perfection and abundance. Tobacco on the hillsides, corn upon the wide bottoms, cotton on the gray uplands, and wheat, oats, fruits, and grasses everywhere. Five hundred acres of hill and bottom, forest and field, with what was termed the Island, consisting of a hundred more, which had never been overflowed in the century of cultivation it had known, constituted a snug and valuable plantation. It had been the seat of an old family once, but extravagant living and neglect of its resources had compelled its sale, and it had passed into the hands of its present owner, of whose vast possessions it formed an insignificant part.

      Colonel Desmit was one of the men who applied purely business principles to the opportunities which the South afforded in the olden time, following everything to its logical conclusion, and measuring every opportunity by its money value. He was not of an ancient family. Indeed, the paternal line stopped short with his own father, and the maternal one could only show one more link, and then became lost in malodorous tradition which hung about an old mud-daubed log-cabin on the most poverty-stricken portion of Nubbin Ridge.

      There was a rumor that the father had a left-handed kinship with the Brutons, a family of great note in the public annals of the State. He certainly showed qualities which tended to confirm this tradition, and abilities which entitled him to be considered the peer of the best of that family, whose later generations were by no means the equals of former ones. Untiring and unscrupulous, Mr. Peter Smith rose from the position of a nameless son of an unknown father, to be as overseer for one of the wealthiest proprietors of that region, and finally, by a not unusual turn of fortune's wheel, became the owner of a large part of his employer's estates. Thrifty in all things, he married in middle life, so well as nearly to double the fortune then acquired, and before his death had become one of the wealthiest men in his county. He was always hampered by a lack of education. He could read little and write less. In his later days he was appointed a Justice of the Peace, and was chosen one of the County Court, or "Court of Pleas and Quarter Sessions," as it was technically called. These honors were so pleasant to him that he determined to give his only son a name which should commemorate this event. The boy was, therefore, christened after the opening words of his commission of the peace, and grew to manhood bearing the name Potestatem Dedimus [Footnote: Potestatem dedimus: "We give thee power, etc." The initial words of the clause conferring jurisdiction upon officers, in the old forms of judicial commissions. This name is fact, not fancy.] Smith. This son was educated with care—the shrewd father feeling his own need—but was early instilled with his father's greed for gain, and the necessity for unusual exertion if he would achieve equal position with the old families who were to be his rivals.

      The young man proved a worthy disciple of his father. He married, it is true, without enhancing his fortune; but he secured what was worth almost as much for the promotion of his purposes as if he had doubled his belongings. Aware of the ill-effects of so recent a bar sinister in his armorial bearings, he sought in marriage Miss Bertha Bellamy, of Belleville, in the State of Virginia, who united in her azure veins at least a few drops of the blood of all the first families of that fine-bred aristocracy, from Pocahontas's days until her own. The role of the gentleman had been too much for the male line of the Bellamys to sustain. Horses and hounds and cards and high living had gradually eaten down their once magnificent patrimony, until pride and good blood and poverty were the only dowry that the females could command. Miss Bertha, having already arrived at the age of discretion, found that to match this against the wealth of young Potestatem Dedimus Smith was as well as she could hope to do, and accepted him upon condition that the vulgar Smith should be changed to some less democratic name.

      The one paternal and two maternal ancestors had not made the very common surname peculiarly sacred to the young man, so the point was yielded; and by considerable persistency on the part of the young wife, "P. D. SMITH" was transformed without much trouble into "P. DESMIT," before the administrator had concluded the settlement of his father's estate.

      The vigor with which the young man devoted himself to affairs and the remarkable success which soon began to attend his exertions diverted attention from the name, and before he had reached middle life he was known over almost half the State as "Colonel Desmit," "Old Desmit," or "Potem Desmit," according to the degree of familiarity or respect desired to be displayed. Hardly anybody remembered and none alluded to the fact that the millionaire of Horsford was only two removes from old Sal Smith of Nubbin Ridge. On the other hand the rumor that he was in some mysterious manner remotely akin to the Brutons was industriously circulated by the younger members of that high-bred house, and even "the Judge," who was of about the same age as Colonel Desmit, had been heard more than once to call him "Cousin." These things affected Colonel Desmit but little. He had set himself to improve his father's teachings and grow rich. He seemed to have the true Midas touch. He added acre to acre, slave to slave, business to business, until his possessions were scattered from the mountains to the sea, and especially extended on both sides the border line in the Piedmont region where he had been bred. It embraced every form of business known to the community of which he was a part, from the cattle ranges of the extreme west to the fisheries of the farthest east. He made his possessions a sort of self-supporting commonwealth in themselves. The cotton which he grew on his eastern farms was manufactured at his own factory, and distributed to his various plantations to be made into clothing for his slaves. Wheat and corn and meat, raised upon some of his plantations, supplied others devoted to non-edible staples. The tobacco grown on the Hyco and other plantations in that belt was manufactured at his own establishment, supplied his eastern laborers and those which wrought in the pine woods to the southward at the production of naval supplies. He had realized the dream of his own life and the aspiration of his father, the overseer, and had become one of the wealthiest men in the State. But he attended to all this himself. Every overseer knew that he was liable any day or night to receive a visit from the untiring owner of all this wealth, who would require an instant accounting for every bit of the property under his charge. Not only the presence and condition of every slave, mule, horse or other piece of stock must be accounted for, but the manner of its employment stated. He was an inflexible disciplinarian, who gave few orders, hated instructions, and only asked results. It was his custom to place an agent in charge of a business without directions, except to make it pay. His only care was to see that his property did not depreciate, and that the course adopted by the agent was one likely to produce good results. So long as this was the case he was satisfied. He never interfered, made no suggestions, found no fault. As soon as he became dissatisfied the agent was removed and another substituted. This was done without words or controversy, and it was a well-known rule that a man once discharged from such a trust could never enter his employ again. For an overseer to be dismissed by Colonel Desmit was to forfeit all chance for employment in that region, since it was looked upon as a certificate either of incapacity or untrustworthiness.

      Colonel Desmit was especially careful in regard to his slaves. His father had early shown him that no branch of business was, or could be, half so profitable as the rearing of slaves for market.

      "A healthy slave woman," the thrifty father had been accustomed to say, "will yield a thousand per cent upon her value, while she needs less care and involves less risk than any other species of property." The son, with a broader knowledge, had carried his father's instructions to more accurate and scientific results. He found that the segregation of large numbers of slaves upon a single plantation was not favorable either to the most rapid multiplication or economy of sustenance. He had carefully determined the fact that plantations of moderate extent, upon the high, well-watered uplands of the Piedmont belt, were the most advantageous locations that could be found for the rearing of slaves. Such plantations, largely worked by female slaves, could be made to return a small profit on the entire investment, without at all taking into account the increase of the