"Remarkably so, sir, I'm pleased to say," said Tugwood, bridling, "though I says it as shouldn't, seein' as 'ow I've 'ad the trainin' of his 'osses till quite lately. I left Mr. Mackrell to come to Miss Lawless, you see, sir, an' I 'ope to be as successful for 'er as I was for 'im, though of course Miss Gay 'as only just started, so to speak. I expect to 'ave a winner for 'er at the next meetin' 'ere, sir—that 'oss you see goin' roun' just now. Silver Streak 'is name is. Come an' 'ave a look over 'im."

Together they entered the horse's box, where Tugwood proceeded to recount Silver Streak's performances before he came into his charge.

"A nice horse," commented Rensslaer, "though I should call him too good-looking. Quite a picture compared to my mare outside, isn't he?" indicating with a jerk of his head the rough-and-ready-looking animal in the wagon. Certainly Silver Streak was more of the race-horse stamp than the trotter, and the expert shook his head as he looked him over from all points.

"Not a record-breaker, I think," he opined, "and what is his best time?"

"Two-twenty on this track, sir," the trainer said, "though I think I can improve 'im a lot on that time. In fact, Miss Gay thinks of enterin' 'im for the Champion Vase, an' though I won't go so far as to say he'll win it, some of the others will know they've been racin' before they're done. There's some good 'osses with form be'ind 'em waitin' with a view to that race. Demonstrator's one of 'em, an' Mr. Mackrell's Billy Q., wot won at the last meetin' 'ere, is not out of it by a long way. From what I know of that 'oss—an' I trained 'im for all 'is races—'e'll very near win it. Whatever beats 'im will win any'ow," he concluded.

"Well, we shall see," replied Rensslaer. "I must be off now, but you'll see me again before long. What did you say Mr. Mackrell's present address was?"

Tugwood did not remember having mentioned it, but he replied:

"The Bachelors' Club will find 'im, sir, though I shouldn't wonder if 'e don't 'ave to resign there afore long from wot I can see of it," he added to himself, but Rensslaer heard him as he climbed into his wagon and drove off.

Tugwood, left alone, shook his head gloomily. His late visitor's low estimate of English horses annoyed him by its assurance; he also resented the slur Rensslaer cast on the sport by abstaining from it in England, while practising it in most of the big capitals of Europe. A fine sportsman, with one of the finest, if not the finest, stable of Trotters in the world, he was the very man to elevate and establish the sport firmly here, and it was with a sense of depression that Tugwood gave Silver Streak his evening feed, and remained to watch the horse eating it up.