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The first of January

will affect many persons with dismal horrors — more so than usual, for it is well known that pocket-books and purses generally have suffered a terrible collapse. Happy is the man who hath not, in these evil times, allowed his running account on his neighbor's ledger to run beyond his ability to overtake; for there is no sensation more agreeable than that produced by saying to one's self--"I am out of debt."

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