Spiffy's face flushed, for if he had lost the conscience, he still retained the consciousness, of a gentleman, and he felt the reproach.

Just at this moment, Mr Wog, who had been elected an honorary member of the "Piccadilly," and was standing, unconsciously to us, listening to our conversation, struck in, and averted the retort which was rising to Spiffy's lips.

"I guess," he said, turning to Spiffy, for whose talents he evidently entertained a high admiration, "that I could give you a few hints, from my own experiences in New York, that might help you in your line of business. My own, sir, in that city, was quite similar to yours in this. You operate at night in Mayfair, and by day 'On 'Change.' Well, sir, I had two spheres of operation, one was on Wall Street, and the other on Fifth Avenue. In fact, I may say that Wall Street is the broad and flowery road that leads to Fifth Avenue. The trouble with operators in this country is, they don't understand how to do things on a large scale. Now the first thing I did when I went to do business in New York, was to keep a judge."

"To keep a judge?" said Spiffy with amazement.

"Why, yes. How can you operate freely if you are afraid of the law? Besides his regular monthly allowance, my judge gets a percentage on every one of my financial enterprises which are fraudulent according to the letter of the statute. Then it costs me a good deal to manage to get all my lawsuits tried in his court. Besides, I have to keep a number of members of both the Houses of the Legislature at Albany regularly retained, and to put a big pile on one side for lobby operations at Washington, to say nothing about keeping the pockets of police and custom-house officers and other small fry well lined. The press alone swallows up the fifth of all I make. How do you suppose I could ever have accomplished my celebrated combination by which I got four large railroads under my control, and sold a secret issue of twenty millions of stock for fifteen millions, without ever paying one dime of it to any of the companies, if I had not stopped the mouths of the lawyers, politicians, and newspapers with greenbacks? Why, sir, I have ruined more whole families in one day by one of my financial operations, than any other man in the United States has in a month; and by the extraordinary novelty, grandeur, variety, and success of my undertakings, I have won the admiration, envy, and respect of the majority of my countrymen."

Spiffy seemed deeply impressed by the superior force and originality of conception displayed by Mr Wog—no indication of these qualities appearing on his calm exterior. "Of what nature are your operations in Fifth Avenue?" he asked.

"Oh, purely social," Mr Wog replied. "You see the aristocracy of New York require to be approached in a very special way. You can enter into the ranks of the upper ten, either by becoming a pillar of a fashionable church, or by driving the fastest trotters and handsomest four-in-hand teams in Central Park, or by the help of Mr Pink."

"By the help of Mr Pink?" said I, interrogatively.

"Yes. He corresponds to our friend Spiffy here. He is the sexton of St Grace's, the most fashionable church in New York; and when you have made your pile, and want to start in fashionable life, and don't know who to invite, he makes out your list, and puts the invitations to your first ball in the prayer-books of the congregation. It imparts a sort of odour of sanctity to our entertainments, which is exceedingly gratifying to our most refined circles."

"I suppose," said I, "now that your social and financial position are secured, you will run for Congress."