Ah, here comes Pelham at last—a clean little bay, stepping roundly, and lifting his legs well; you might call it a perfect action, if we had not just seen Lady Suffolk go by—but so wicked about the head and eyes! Behind the little horse sits a big Irishman, in his shirt sleeves; and they are hauling away at each other, pull Pat, pull Pelham, as if the man wanted to jerk the horse's head off, and the horse to draw the man's arms out. You see the driver is holding by little loops fastened to the reins, to prevent his grasp from slipping. Pelham is a young horse for a trotter, say seven years old, and has already done the fastest mile ever made in harness; but his temper is terribly uncertain, and to-day he seems to be in a particularly bad humor.

Trustee, who requires much warming up, goes all round the track, increasing his speed as he goes, till he has reached pretty nearly his limit. Pelham also completes the circuit, but more leisurely. The Lady trots about a quarter of a mile, then walks a little, and then brushes back. Her returning is even faster and prettier than her going. "2´ 33´´," says Losing, speaking for the first time, as she crosses the score (the line in front of the judge's stand). His eye is such that, given the horse and the track, he can tell the pace at a glance within half a second.

The gentry about are beginning to bet on their respective favorites, and some upon time—trifling amounts generally—five, ten, or twenty dollars; and there is much pulling out, and counting, and depositing of greasy notes. Bang! goes the broken boot-jack again. This time it is not "Bring out your horses!" but "Bring up your horses!"—a requisition which the drivers comply with by turning away from the stand. This is to get a start, a flying start being the rule, which obviously favors the backers of time, and is, in some respects, fairer to the horses, but is very apt to create confusion and delay, especially when three or four horses are entered. So it happens in the present instance: half way up the quarter, the horses turn, not all together, but just as they happen to be; and off they go, some slower and some faster, trying to fall into line as they approach the score. "Come back!" It's no go, this time; Pelham has broken up, and is spreading himself all over the track. Trustee, too, is a length or more behind the gray mare, and evidently in no hurry. They all go back, the mare last, as she was half-way down the other quarter before the recall was understood.

"What a beauty she is!" says Harry. "And she has the pole too."

"Will you bet two to three on her against the field?" asks Edwards, who knew very well that Trustee is the favorite. Benson declines. "Then will you go on time? Will you bet on 7´ 42´´, or that they don't beat 7´ 47´´" (three mile heats, you will recollect, reader). No, Harry won't bet at all; so Edwards turns to Losing. "Will you bet three to five in hundreds on the Lady?" Losing will. They neither plank the money, nor book the bet, but the thing is understood.

Pelham's driver has begged the judges to give the word, even if he is two lengths behind; he would rather do that than have his horse worried by false starts. So this time, perhaps, they will get off. Not yet! Bryan's mare breaks up just before they come to the score. Harrison hints that he broke her on purpose, because Trustee was likely to have about a neck advantage of him in the start. "Of course they never go the first time," says Benson, "and very seldom the second."

"I saw nine false starts once, at Harlaem," says Bleecker, "where there were but three horses. Better luck next time."

It is better luck. Pelham lays in the rear full two lengths, but Trustee and the mare come up nose and nose to the score, going at a great pace. "Go!" At the word Trustee breaks. "Bah! take him away! Where's Brydges?" The superior skill of his former driver, is painfully remembered by the horse's friends. But he soon recovers, and catches his trot about two lengths behind the mare, and as much in advance of Pelham; for the little bay is going very badly, seems to have no trot in him, and his driver dares not hurry him. In these respective positions they complete the first quarter.

As they approach the half mile, the distance renders their movements indistinct, and their speed, positive or relative, difficult to determine. You can only make out their position. Pelham continues to lose, and Trustee has gained a little; but the gray mare keeps the lead gallantly.

"I like a trot," says Benson, "because you can watch the horses so long. In a race they go by like a flash, once and again, and it's all over."