7/22 would be your own; in other words, a yearly addition of four hundred and fifty dollars. But you might make a better thing of them than that. There are many safe mortgages which are offered to sale for ready money, at a great profit to the purchaser. You might, perhaps, for forty thousand dollars, or even less, get a mortgage that would bring you in five per cent. on forty-five thousand dollars." "I have thought of that," replied the baron; "but the security for such mortgages as these, which come into the hands of you brokers, is exceedingly poor, and I can not rely on it." Ehrenthal waived off this reproach, and said, in a tone of virtuous indignation against all dealers in insecure mortgages, "For my own part, I am very shy of mortgages altogether, and such as are in the market are not fit for the baron, of course. |