The Castilian was a large dark-brown horse, and the crimson and pale-blue colors of his rider set him off to advantage; but, like many good race-horses, he was not singularly beautiful to the eye of the unlearned. He cantered by with some dignity, amid a good deal of cheering, when suddenly there was a rush, something like a flash of light, a bright chestnut horse, with a jockey in daffodil satin, darted like a fairy thing past the stand, followed by a spontaneous shout from the crowded onlookers. The magic hoofs seemed scarcely to touch the turf over which they swept; and Mrs. Orton, watching with a somewhat sardonic smile, observed,

"You'll lose your money, Fred."

"You wait and see," said her husband, oracularly.

"I'm sure I hope he has been careful," she went on, with a laugh, to Mrs. Learmorth, "for he has promised to take me to Homburg if he wins."

"Don't talk, Ottilie," cried Frederick Orton, irritably; "don't you see they are just going to start!"

The race began—the memorable race which crowned Invincible with the chief of his triumphs. Not even with "Carter up" was the Castilian able to make so much as a hard fight for it. The lovely chestnut was like a creature of elfin birth—it seemed as if he went without effort; the field toiling after him looked like animals of a lower breed.

The wild yells of applause rang and echoed in the blue firmament—the mad excitement of racing for the moment mastered everyone, from the youth whose last sovereign hung on the event to the pretty, ignorant girl upon the drag, who had laid her pair of gloves with blind devotion on the daffodil satin as it flashed past.

One small boy, held up on the shoulders of an elderly groom, added his shrill screams with delight to the tumult around.

"Well done, Invincible! Well rode, Bartlett! Bravo! bravo! Didn't I tell my uncle he'd do it! Pulled it off easy! Knew he would! Look at poor old Carter! What a fool he looks! Ain't used to coming in a bad second! Let me down, Letherby, I want to find my uncle! I say, though, this is proper! I've made five pounds over this."

"You just wait one minute, Master Godfrey, till the crowd is cleared off a trifle—you'll be jammed to death in this 'ere mob if you don't look out, and the master said I was to see to you. You stop where you are."