The old merchants of the times of the first Georges were a fine race. They knew their position, and built up to it. While the territorial aristocracy, pulling down their family hotels, were raising vulgar streets and squares upon their site, and occupying themselves one of the new tenements, the old merchants filled the straggling lanes, which connected the Royal Exchange with the port of London, with mansions which, if not exactly equal to the palaces of stately Venice, might at least vie with many of the hotels of old Paris. Some of these, though the great majority have been broken up into chambers and counting-houses, still remain intact. In a long, dark, narrow, crooked street, which is still called a lane, and which runs from the south side of the street of the Lombards towards the river, there is one of these old houses of a century past, and which, both in its original design and present condition, is a noble specimen of its order. A pair of massy iron gates, of elaborate workmanship, separate the street from its spacious and airy court-yard, which is formed on either side by a wing of the mansion, itself a building of deep red brick, with a pediment, and pilasters, and copings of stone. A flight of steps leads to the lofty and central doorway; in the middle of the court there is a garden plot, inclosing a fountain, and a fine plane tree. The stillness, doubly effective after the tumult just quitted, the lulling voice of the water, the soothing aspect of the quivering foliage, the noble building, and the cool and capacious quadrangle, the aspect even of those who enter, and frequently enter, the precinct, and who are generally young men, gliding in and out, earnest and full of thought, all contribute to give to this locality something of the classic repose of a college, instead of a place agitated with the most urgent interests of the current hour; a place that deals with the fortunes of kings and empires, and regulates the most important affairs of nations, for it is the counting-house in the greatest of modern cities of the most celebrated of modern financiers. It was the visit of Tancred to the City, on the Wednesday morning after he had met Lord Eskdale, that occasions me to touch on some of the characteristics of our capital. It was the first time that Tancred had ever been in the City proper, and it greatly interested him. His visit was prompted by receiving, early on Wednesday morning, the following letter: