Besides the mysterious system of wheels within wheels, each of these marvels displays an open square box, and in this box, slanting in an angle of 30°, two segments of cylinders, with the open part turned upwards. A roll of sovereigns, placed into one of these tubes, passes slowly down, and one gold piece after the other drops into a large box on the floor.

All the clerks have to do is to fill the tubes. The sovereigns slide down, but just at the lower end of the tube the miracle is accomplished. Whenever a sovereign of less than full weight touches that ticklish point, a small brass plate jumps up from some hidden corner, and pushes the defaulter into the left-hand compartment of the box, while all the good pieces go to the right. This little brass plate, hiding where it does, and popping out at intervals to note a bad sovereign, is an impertinent, ironical, malicious thing. There is an air of republicanism about it. As to the sharpness of its criticism, we actually do not believe that any republican would attempt to compete with it. For who would estimate the virtues of his fellow-men by grains, especially in the law of crowned heads!

We cannot see enough of these active machines. The small plates of brass show themselves pretty often as old and worn out sovereigns glide down. Not one of them is allowed to pass; and withal these small plates act with so much quiet promptitude and calm energy, and altogether without noise or pretension.

One of the clerks is kind enough to explain the purpose of this process.

“The Bank selects the full weighted sovereigns from the light ones, because all the money we pay out must have its full weight.”

“And what do you do with the light ones?”

“We send them to the Mint after we have taken the liberty of marking them. Shall I show you how we do it?”

He takes a handful of the condemned ones, and puts them into a box, which has the appearance of a small barrel-organ. He turns a screw, or touches a spring—it is clearly impossible to note each movement of the man’s hand—and there is a sounding and rushing noise in the interior of the box, and all the sovereigns fall out from a slit at the bottom. But mercy on us! how dreadfully disfigured they are! Cut through in the middle. The Victorias, and Williams, and Georges, all cut through their necks; in fact, beheaded! And that’s what the English call “marking a bad sovereign.” It makes us shudder. We are positively afraid. We cant stay one minute longer. “Good morning, sir.” “Good morning, gentlemen.”

What with our confusion and distress, we quite forgot to thank our kind guide. We are again in the street: to our left is the Exchange, to our right the Mansion-house, and before us the Iron Duke on horseback, and all around the furious, rattling, ceaseless crowd of vehicles; the moving and pushing of the foot-passengers; women hunted over the crossings; walking advertisements; street-sellers; red Post-office carts; the dusky streets, and the heavy leaden sky—the City in its working dress!

At home, while we are sitting at tea, Dr. Keif wastes much valuable eloquence in trying to convince Sir John, that the English can never get a proper understanding of German affairs: 1st, because it is hardly possible even for a German properly to understand them; 2nd, because the English newspapers have none but English correspondents in Germany, who know just as little of that mysterious country as he (Dr. Keif) knows of banking; 3rd, because the English consider all other countries with exclusive reference to their own country; and, 4th, because they fancy that reform can be brought about by peaceable public meetings, even in countries where those who attend such meetings are at once arrested, and locked up in fortresses or houses of correction; 5th, because social life in England is vastly different from social life in Germany; 6th, because Britons are too ignorant of the geography of Germany; and, 7th, because there are many who might understand German affairs, and who have very good reasons for not wishing to understand them. As we cannot follow the learned Doctor through the whole length of his argument we leave him to fight his own battle with Sir John, and merely remark, that an armistice was concluded at two o’clock in the morning, after which the belligerent parties went into night-quarters. And with this satisfactory intelligence we close the chapter.