VALUE. 101 



is always more valuable tlian a horse with a bad 

 temper. 



It will be seen that I have not mentioned breed- 

 ing as an element of value. This is because I con- 

 sider breeding should be taken into account more in 

 considering what purpose you want your horse for, 

 than in estimating his value. As a rule the better 

 bred a horse is, other things being equal, the more 

 valuable an animal he is, supposing he is a good 

 animal ; while the nearer thoroughbred he is the less 

 he is worth, other things being equal, supposing he 

 is a bad animal. 



Thus a good thoroughbred horse is the most 

 valuable of any horse, but a bad cart-horse is more 

 valuable and more saleable than a bad thoroughbred 

 horse. 



