During the next few months Mr. Lee surveyed the field about him,
endeavoring to discern what could be accomplished with no other capital
save brains. A decision was soon reached, and it resulted from one of
those little incidents of life, which, although rare indeed, make life
all the more worth living. I hope I betray no breach of trust in
recalling it.

While walking down Washington street one day Mr. Lee encountered his
friend of many years.

"What are you doing now, Charlie?" he asked.

"Nothing; and I'm as poor as a church mouse," was the reply.

"But, look here, Charlie, keep up your courage. I haven't got much
myself; but I'll go halves with you. Come up to my room to-night, and
we'll talk matters over."

The friends parted, to meet again within a few hours in the glow of the
gas-light. Affairs were candidly and earnestly discussed, plans were
laid, and then and there began the firm, whose reputation has extended
wherever the English language is spoken,--the house of LEE AND SHEPARD.

It was February 1, 1862. The times were not propitious for a beginning
at any trade, but the partners were veterans in experience, and no
sooner had they shaped their plans than the public in many ways evinced
its confidence in their undertaking. Better than a large capital was the
encouragement they received from all with whom they had formerly had
dealings; and they began under the most pleasing auspices.