"Ah, you're an old man, Mr. Woodburn," he called back. "You take advantage."

"I may be old, but I am white," called the old man after him, his blue eye lighting.

"Oh, come, come!" cried the Duke, delighted, as he hurried after his party. "Where's Mrs. Woodburn?"

Chukkers joined the two J's, who were hobnobbing with some of Ikey's Own under the Grand Stand.

Monkey Brand and Joses stood together on the outskirts of the group.

Jaggers, austere as the Mogul Emperor, approached the tout.

"You're a monkey down, Joses," he said, cold and quiet. "The Putnam horse is starting."

The other smiled.

"He's starting, sir," he said. "But he's not winning."

Jaggers blinked at him.