Mingy understood him completely, repeated his promise, with a full determination of keeping it for fear of worse consequences, and received the pedlar's address--No. 43, Compton Street, Seven Dials. "Now, mind," said the pedlar, as the worthy "fence" took up his hat to depart, "you're not to say a word to Sam of anything that has happened till I see you to-morrow. Perhaps I may then allow you to tell him what a fool he is making of himself; perhaps I may let him go on and trap himself." Mingy Bowes was all obedience; for the confident tone of the Italian servant had greatly shaken his reliance on his friend Sam's conclusions, and his own somewhat perilous position had rendered him wonderfully ductile. A good deal chapfallen, he took a very polite leave of his two companions, and left them alone to discuss the scene which had just passed. The first observation came from the lips of Signor Carlo Carlini, who exclaimed, in an indignant tone-- "What a set of blackguards you have in this country of England! My countrymen are bad enough, and so are the Spaniards; but it seems to me brave and honourable to attack a carriage, perhaps escorted by a dozen or two of dragoons, when compared with this attempt to rob a man of his money by accusing him of a crime. A bandit is a gentleman to such a fellow as that." "There are a great number of such, I am afraid," replied the pedlar. "These things are happening every day in London; and I have known two or three cases in which a gentleman in the same situation as yourself has made a great deal of money, and set up a hotel, upon the strength of some letters which he had found belonging to his master. You cannot form a notion of all that is going on every day in this great city; but wherever you get a great number of men together, you are sure to gather a great quantity of rascality. But, as to this business, we must talk to the colonel, and see what he thinks it better for us to do. So, with your leave, I will stop till he comes back, and should like in the mean time to hear the rest of the story you were telling me." "With all my heart," replied Carlini. "Let me see where I was. Oh--I remember I was just telling you how G----, the life-guardsman, rose to be a prince and a grandee of Spain." CARLINI'S STORY, CONTINUED.