FOURTH PERIOD : VICTORIA 223 



25 guineas, sired, during twenty-one years of stud- 

 life (from 1790 to 181 1, when he died at twenty- 

 seven years of age), some 352 winners (repetitions, 

 no doubt, to be allowed for) of about ^141,018. 



Waxy (the best son of Pot-8-os and sometimes 

 called the ' Ace of Trumps ' of the whole pack), 

 whose stud-fee varied from lo^ guineas to 26 

 guineas, sired, during twenty years of stud-life 

 (from 1798 to 18 1 8, when he died, aged twenty- 

 eight, within three weeks), a vast number of 

 winners, out of which only ninety-one are specified 

 (which the usual repetitions would, of course, in- 

 crease to double or treble), and they are calculated 

 to have won 'no less a sum than 66,481 guineas 

 (from 1802 to 1826) besides ten Gold Cups and 

 one Silver Cup.' 



From these data it will probably be concluded 

 that the average amount won by the progeny of 

 ' crack ' sires from the time of Eclipse to the time 

 of Stockwell and Hermit did not increase — and 

 even now has not increased — in anything like the 

 proportion in which the value of a ' crack ' sire 

 (if he only lives for a decent number of years) 

 has been augmented, when stud-fees have risen 

 from 50 guineas (which was about the highest 



