"The fact o' the matter is," said Mr. Joe, who was growing garrulous on an obviously pet subject, "that we aint afeerd o' the p'lese in this neighborhood, not a hap'orth; _we_ know how to manage them." He then related an anecdote of another policeman, who had been formerly in his own line of business. This gentleman being, as he observed, "fly" to all the secret signs of the craft, obtained an interview with a friend of his for the purpose of purchasing a hundred shillings. A package was produced and exchanged for their proper price in currency, but on the policeman taking his prize to the station house to lay the information, he discovered that he had been outwitted. The rouleau contained a hundred good farthings, for each of which he had paid two pence half-penny. "Then, what is the bad money generally worth?" asked Edward, interrupting the speaker. "As a general rule," was the answer, "our sort is worth about one-fifth part o' the wallie it represents. So, a sovereign--(though we aint got much to do with gold here--that's made for the most part in Brummagem)--a 'Brum' sovereign may be bought for about four-and-six; a bad crown piece for a good bob; a half-crown for about fippence; a bob for two pence half-penny, and so on. As for the sixpennys and fourpennys, we don't make many on 'em, their wallie bein' too insignificant." Mr. Joe then proceeded with some further remarks for the benefit of his protege:---- "You see you need have no fear o' passing this here money if you're a respectable-looking cove. If a gentleman is discovered at any think o' the kind, it's always laid to a mistake; the shopman knocks under, and the gentleman gives a good piece o' money with a grin. And that's how it is that so much o' our mannyfactur gets smashed all over the country." The visitors having been somewhat bored, apparently, during the latter portion of their host's remarks, soon after took their departure. The rum-and-water which Mr. Joe's liberality had supplied, effectually removed Edward's scruples; and on his way back he expressed himself in high terms in favor of "smashing," considered as a profession. "O' course," was the reply of his experienced companion. "It aint once in a thousand times that a fellow's nailed. You shall make your first trial to-night. You've the needful in your pocket, hav'n't you? Come, here's a shop--I want a cigar." Edward appeared to hesitate; but Mr. Joe's rum-and-water asserted itself, and into the shop they both marched. Mr. Bethnal, with an air of most imposing nonchalance, took up a cigar from one of the covered cases on the counter, put it in his mouth, and helped himself to a light. Edward, not so composedly, followed his example. "How much." "Sixpence." The next instant the youth had drawn me from his pocket, received sixpence in change, and walked out of the shop, leaving me under the guardianship of a new master.