The shipmaster adhered to the ideals of romanticism when he handed over the woman he'd arranged to marry. As well as the home he purchased for them, to the man she was in love with. He sacrificed what he wanted for someone else.
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Epistolary form is the art of moving the story forward with letters. Novels written in this form usually incorporate "letters" between characters that show what the story is like. It needs not necessarily be letters and can include news paper articles or similar. An example of such a novel would be Bram Stoker's Dracula.