Great Expectations

At the end of Chapter LIV (54), Pip says that Magwitch “need never know how his hopes of enriching me had perished.” What does Pip mean that Magwitch’s hopes of making Pip wealthy had perished? Do you think Pip was right to keep this information from Mag

Chapter 54

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Pip would not be a wealthy man, having squandered his inheritance, and having helped Herbert secure his future (squandering does not apply to this act). In my opinion, Pip showed compassion by not mentioning this to Magwitch.

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Great Expectations