Why they called Mr. Sly "old Sly" cannot be explained, the vender of sweet-stuff being comparatively a young man; but it is a way poor children have.

Billy Forester was at heart a gambler.

"I'll do it," he said.

Away he marched, followed by the admiring crowd. Billy, having found a farthing, was a hero.

"Now then," said Mr. Sly as they flocked into his shop, "not so many of yer. Hallo, Billy, it's you. What do you want?"

Billy replied by crooking his thumb over his shoulder in the direction of Mr. Sly's back room. That the gambling had to be carried on in secrecy made it all the more tempting to the juveniles. It was supposed by many that Mr. Sly would be beheaded if the government caught him at it.

"All right," said Mr. Sly, "you and me, Billy. Now, clear out, every one of yer, or I'll shut up shop. You can wait outside for Billy."

He hustled them out like a flock of sheep, and they clustered in the alley in pleasurable expectation, waiting for Billy. Meanwhile Mr. Sly conducted the hero to the little back room.

"'Ow much for, Billy?" asked Mr. Sly.

"A farden."