"Beautiful as a daisy," he exclaimed, and as Mr. Vermont would hardly have recognised that humble flower if he had seen it, this was rather qualified praise.

"Too long in the leg," murmured a man whom Jasper had previously introduced as a sporting friend of his.

Adrien turned round and surveyed the speaker calmly for a moment.

"Too leggy, you think, do you? I'll lay two to one upon them."

"Done," said the man sharply. "Hundreds or thousands?"

"Thousands," said Adrien quietly.

Jasper touched him on the arm and whispered, in gentle remonstrance:

"Steady, old chap, there's pots of money on him as it is. Don't you think it would be as well--"

"Make it thousands," interrupted Adrien, almost haughtily, as he turned on his heel.

The man booked the bet, bowed to Vermont, as to an utter stranger, and the two gentlemen passed to the weighing-seat. Peacock had already gone to don his riding-clothes, and without waiting to see him again, Adrien and his companion returned to the grand stand. Here Leroy stopped to speak to Lady Merivale, who, with her sister, the Marchioness of Caine, had motored down from London to witness the race.