Ill 



OWNERS AND OWNING 



BY AN OWNER 



In the estimation of many people there is 

 something magnificent in the idea of owning 

 racehorses. Owners, however, are of very various 

 sorts. There is the small publican who with two 

 or three friends has formed a syndicate to buy 

 a broken-down plater, which the local vet. believes 

 he can get on his legs again ; he " owns," our 

 humble friend of the beer shop, and on the other 

 hand there is the lord of countless acres who 

 carries on the historical breeding stud which he 

 has inherited, and whose colours, constantly seen, 

 have long been famous in the annals of the Turf. 

 Incidentally there is the aspiring nouveau riche 

 who races because it brings him into contact with 

 gentlemen, and will, he hopes, lead to his social 

 advancement ; not to mention the millionaire who 

 would rather give 3,000 than 300 guineas for a 



