'Oh, vy, as to that,' replied Mr. Buckram, with an air of the most perfect indifference, 'vy, as to that--not bein' nouther a post-master nor a buss-master--but 'aving, as I said before, a little hindependence o' my own, vy, I couldn't in course give such a bountiful price as if I could turn 'im to account at once; but if it would be any 'commodation to you,' added he, working the silver up into full cry, 'I wouldn't mind givin' you the with (worth) of 'im--say, deductin' expenses hup to town, and standin' at livery afore I finds a customer--expenses hup to town,' continued Mr. Buckram, muttering to himself in apparent calculation, 'standin' at livery--three-and-sixpence a night, grum, and so on--I wouldn't mind,' continued he briskly, 'givin' of you twenty pund for 'im--if you'd throw me back a sov.,' continued he, seeing Mr. Waffles' brow didn't contract into the frown he expected at having such a sum offered for his three-hundred-guinea horse. In the course of an hour, that wonderful invention of modern times,--the Electric Telegraph--conveyed the satisfactory words 'All right' to our friend Mr. Sponge, just as he was sitting down to dinner in a certain sumptuously sanded coffee-room in Conduit Street, who forthwith sealed and posted the following ready-written letter: 'BANTAM HOTEL, BOND STREET. 'SIR, 'I have been greatly surprised and hurt to hear that you have thought fit to impeach my integrity, and insinuate that I had taken you in with the brown horse. Such insinuations touch one in a tender point--one's self-respect. The bargain, I may remind you, was of your own seeking, and I told you at the time I knew nothing of the horse, having only ridden him once, and I also told you where I got him. To show how unjust and unworthy your insinuations have been, I have now to inform you that, having ascertained that Lord Bullfrog knew he was vicious, I insisted on his lordship taking him back, and have only to add that, on my receiving him from you, I will return you your bill.' 'I am, Sir, your obedient servant, 'H. SPONGE. 'To W. WAFFLES, Esq., 'Imperial Hotel, Laverick Wells.' Mr. Waffles was a good deal vexed and puzzled when he got this letter. He had parted with the horse, who was gone no one knew where, and Mr. Waffles felt that he had used a certain freedom of speech in speaking of the transaction. Mr. Sponge having left Laverick Wells, had, perhaps, led him a little astray with his tongue--slandering an absent man being generally thought a pretty safe game; it now seemed Mr. Waffles was all wrong, and might have had his money back if he had not been in such a hurry to part with the horse. Like a good many people, he thought he had best eat up his words, which he did in the following manner: 'IMPERIAL HOTEL, LAVERICK WELLS. 'DEAR MR. SPONGE,