The last hurdle but one is taken, which the Irish horse jumps first; but what a change has taken place in the field! Scarlet and white hoops, instead of being nearly last, is hanging on the leading horse's quarters, and it is very patent to all those skilled in racing matters that from the manner Guardsman skimmed over the hurdle the other horse was only permitted to lead on sufferance.

Turn where you will, the same look of intense excitement is discernible on every countenance; the vast mass surges to and fro, the hoarse murmur of the frenzied multitude has something unearthly in it.

"The Irish horse wins,—Guardsman wins!" is shouted on all sides. The horses come up closely locked together; never moving on his horse Bradon sits as quiet as a statue, but the heels of the other horseman are at work; the whip arm is raised, but just as it is the strain on Guardsman's jaws is relaxed, and the noble horse, without the slightest effort, quits the other, and is landed an easy winner by some half-dozen lengths.

"There," said Lord Plunger, heaving a vast sigh, which seemed to relieve him immensely; "did you ever see such a horse, and such a bit of riding?"

His lordship is not calm now; there is a wild feverish light in his eyes; he trembles, too, slightly; a bright hectic spot is on either cheek, and the veins in his temples are swollen, and seem ready to burst as he takes off his hat to draw his hand across his clammy brow.

"Thank God!" he muttered, as he turned to meet his friend, who was returning to the weighing-stand, amidst such shouts as are seldom heard. Cheer after cheer rent the air.

"God bless you, old fellow!" said his lordship, as his friend passed him in the enclosure; "there never was, and never will be, such a Silverpool again. I will never bet another farthing! I'm square again."

George is now dismounted. Taking the saddle off his noble favourite, as he has it on one arm, he fondly and proudly pats his neck. Tim is standing at the horse's head, with a rein in each hand; tears are coursing down the old man's cheek. "God spare you many years, sir!" said he to his master, who looked kindly at him; "but never ride another race whilst I am alive; I can't bear it; one more day such as this would be my last."

George entered the weighing-room. "Guardsman, ten twelve," said he, seating himself in the chair.

The clerk of the scales approached with book in hand and pencil in mouth, looking up to the dial for an instant said, "Right!"