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The two men are humbugs and frauds who were running away from townspeople who meant to tar and feather them. One man is about seventy and balding, and the other is in his thirties. The younger man specializes in printing and theater while the older man often "works" camp revivals. I think that Twain is satirizing political leaders and aristocracy in general. These buffoons think they are clever but they are really only swindlers and mean men.