98 HOESES AND RIDING. 



CHAPTEE XIY. 



VALUE. 



A:n"YONE Tvho is obliged to buy, or wishes to buy a 

 horse should acquire some notion both as to the value 

 of different horses and also as to the price. I have 

 made a distinction between value and price, for this 

 reason, that although a horse's price is supposed to, 

 and often does, depend on his value, still there are 

 many instances when this is not the case. Thus of 

 two horses sold at the same price one is often really 

 much more valuable than the other. Some horses, 

 again, are really of no value at all, and others are of 

 very much greater value than either what they are 

 sold at, or what you could sell them for. 



Anyone buying a horse, therefore, ought to con- 

 sider two things : first, what value the horse is likely 

 to have to him; and secondly, what price he is 

 likely to be worth if he wishes to sell him again. It 

 often happens that when a man has bought a horse 

 which suits him, he would not, after having had it a 

 short time, be willing to sell it for twice what he 



