BREEDING HORSES FOR PROFIT 197 



In fact, horse-dealing cuts both ways ; the 

 purchasers often expect to buy too cheaply, 

 and the seller is disappointed if he turns out a 

 good, sound horse at a price too low to reap 

 any benefit out of the risk of buying, or breed- 

 ing, and the chances of disease or accident whilst 

 in his possession. 



As a rule probably harness-horses — especially 

 well-matched pairs — pay better than hunters. 

 But the motor-car industry has somewhat hurt 

 the sale of carriage horses, but has not affected 

 the price of really good hunters well known with 

 first-rate packs. Rich men will continue to keep 

 motors and hunters, and the reason for this state- 

 ment is verified by the big prices which hunters 

 make at Warner, Shepherd, & Wade's Horse 

 Repository, Leicester, and also at Tattersall's. 



With horses, use this golden rule, and know 

 yourself what you want to do. Is it a racer? 

 Then your object presumably is to win races. 

 Is it a steeplechaser.-* Then your object is to 

 win steeplechases. And in both cases see that 

 it is well trained, ridden, and entered in such 

 events that it will perform as you desire, and 

 win — for we are only discussing straight people. 

 Is your horse a mere commercial speculation? 

 If so, treat it as such, and reckon every penny 

 you spend on this business enterprise ; for horse- 

 dealing requires that no money should be fooled 

 away before you have found a customer who 

 will write a big cheque that will be honoured, 

 x^bove all, know what object you have in view 

 with a horse. If you fancy you have an equine 



