The Community here is now very much agitated by the bursting of the credit bubble which has been blown up within two years. The Chelsea Bank broke yesterday and today some very extensive private concerns.1 I have not been disappointed in any of my calculations, and my pamphlet although denied every opportunity of a public appearance by the combination of political motives, contains matter for reflection, not entirely lost in this Community.

To the Office where I was occupied as usual in drawing up Accounts. This took me until my hour for home and Greek, in which I think I make progress.

Afternoon, Mr. Walsh and I had agreed to take the railway cars as far as Brighton for the purpose of visiting the nursery of Winships, and procuring some trees, it being now the season of setting out.2 But we had made a mistake in the hour and were there too late. So we concluded not to be balked and I went in my Gig. We spent a couple of hours in looking over the Nursery which is large but I was disappointed very much in the character of the trees, which are not nearly so good as the chance ones I got from a person I pitched upon in the street some years ago. I was also disgusted with the rough and unbusinesslike airs of the managers.

Home by seven. We had a few friends, W. G. Brooks and his wife and her sisters, Mr. Brooks, P. C. Jr. and wife, Mr. Frothingham, his Wife and son. Supper slight. I felt head achy.

Morning cloudy with slight showers which happened at times through the day, but it cleared by night. I determined notwithstanding to go to Quincy and started at about nine o’clock. It looked threatening at first, but I was the more induced to it as I had every sign of an incipient head ach and concluded nothing would save me from it but the air and exercise. I found the work all in progress. Mr. Spear was there setting the fence, and he had already moved the wall. The framers were going on very actively. I superintended the transplantation of a fir from the place below, and then returned home in time for my Greek.

Afternoon, Plutarch, copying another letter to Mr. Johnson to send as a duplicate,1 and Wieland’s Agathon. My head improved instead of growing worse so that I was by evening perfectly well. A circumstance I attribute to my exercise of the morning. Read Moore to my Wife and afterwards finished the 1st. of Wraxall.

Morning clear and indeed on the whole the finest day we have had this year. I went to the Office as usual, where I was engaged in Accounts. Nothing of any consequence. Bankruptcies are now occurring 224here daily. The crisis appears to have truly arrived, and this has a tendency rather to strengthen my statements, and my tendency to prophecy which I would not indulge. Although I hinted. My Pamphlet has on the whole met with a flattering reception in private circles, although denied any public notice. I am indifferent about every thing but my reputation, which I desire to fix upon a firm basis. And in this light I need not be ashamed of either of my matured productions. The reputation of the race rests in my generation with me. Let me keep this ever in mind, as well for doing as not doing.

Mr. Everett and Mr. Walsh both came in and we had miscellaneous conversation. Home, to read Homer. Purchased by chance today a Greek and French Dictionary by M. Planche which I put to use directly and immediately derived the advantage of it in greater distinctness of idea. The wonder is that Greek was ever learnt or taught through the intermediate Latin, which itself is a labour.

Afternoon, went to South Boston for the purpose of finding a Nursery, which I understood to be there, but it was only a green house and I had a long walk for nothing. The weather and the prospect however paid me. Home. A visit from J. Q. Adams Jr. who has just got home from a long cruise.1 He looks fatter but in other respects not much changed. Evening at home, Moore, and Victor Hugo’s Notre Dame.2