subs. phr. (tramps).A lodging-house: one in which the charge is (or was) twopence: sacking stretched on ropes served as a shakedown. TO HAVE TWOPENNORTH OF ROPE = to doss down in such a place: Fr. coucher à la corde.
1837. DICKENS, Pickwick Papers, xvi. The TWOPENNY ROPE, Sir, replied Mr. Weller, is just a cheap lodgin house . At six oclock every mornin, they lets go the ropes at one end, and down falls all the lodgers.