OWNERS AND TRAINERS. 45 



This to a large extent is typical of the happening 

 of events in racing. One has applied the watch, 

 which is unerring in the information it gives, only to 

 discover the utter want of analogy between the 

 races themselves and between the performances of 

 the horse. The first of these races will probably 

 have been run at a high rate of speed; while In the 

 latter case, after allowing for the gradients and 

 making a careful comparison of previous running 

 over the same ground, it will be found the speed was 

 slow, and the performance even of the winner of lit- 

 tle merit. 



