“Jenning knows what he’s about,” said Pulcher.

Jenning! Before ‘Jimmy’s’ mind passed again that first sight of his horse, and the trainer’s smile, as if he—‘Jimmy’ Shrewin, who owned her—had been dirt. Tyke! To have the mare beaten by one of his! A deep, subtle vexation had oppressed him at times all these last days since George Pulcher had decided in favour of the mare’s running a bye. D——n George Pulcher! He took too much on himself! Thought he had ‘Jimmy’ Shrewin in his pocket! He looked at the block of crimson opposite. Aunt Sally! If George Pulcher could tell what was passing in his mind!

But driving up to the course he was not above sharing a sandwich and a flask. In fact, his feelings were unstable and gusty—sometimes resentment, sometimes the old respect for his friend’s independent bulk. The dignity of ownership takes long to establish itself in those who have been kicked about.

“All right with Docker,” murmured Pulcher, sucking at the wicker flask. “I gave him the office at Gatwick.”

“She could ’a won,” muttered ‘Jimmy.’

“Not she, my boy; there’s two at least can beat ’er.”

Like all oracles, George Pulcher could believe what he wanted to.

Arriving, they entered the grand-stand enclosure, and over the dividing railings ‘Jimmy’ gazed at the Cheap Ring, already filling-up with its usual customers. Faces, and umbrellas—the same old crowd. How often had he been in that Cheap Ring, with hardly room to move, seeing nothing, hearing nothing but “Two to one on the field!” “Two to one on the field!” “Threes Swordfish!” “Fives Alabaster!” “Two to one on the field!” Nothing but a sea of men like himself, and a sky overhead. He was not exactly conscious of criticism, only of a dull ‘Glad I’m shut of that lot’ feeling.

Leaving George Pulcher deep in conversation with a crony, he lighted a cheroot, and slipped out on to the course. He passed the Jockey Club enclosure. Some early ‘toffs’ were there in twos and threes, exchanging wisdom. He looked at them without envy or malice. He was an owner himself now, almost one of them in a manner of thinking. With a sort of relish he thought of how his past life had circled round those ‘toffs,’ slippery, shadowlike, kicked about; and now he could get up on the Downs away from ‘toffs,’ George Pulcher, all that crowd, and smell the grass, and hear the bally larks, and watch his own mare gallop!

They were putting the numbers up for the first race. Queer not to be betting, not to be touting round; queer to be giving it a rest! Utterly familiar with those names on the board, he was utterly unfamiliar with the shapes they stood for.