A Millionaire at Sixteen by Oliver Optic

Captain Ringgold and Louis Belgrave reached Von Blonk Park just as the former expressed his readiness to join in the purchase of the new steam-yacht. The young millionaire was so startled at the idea, that he could say nothing, and they left the train after only a mention of the subject. As usual there was a crowd around the station, and they had no opportunity to discuss the question. It was late in the evening; but the shipmaster went with his young friend to the residence of Uncle Moses, the temporary home of Louis.

A steam-yacht that would cost in the vicinity of a hundred thousand dollars, and whose running-expenses would amount to a large sum, was a tremendously big question to the young man of sixteen who had always lived in plenty, but never in luxury. But he did not feel that he was to be responsible for the financial settlement of the question, for Uncle Moses could veto the plan without even a word of explanation if he was so disposed.