312 A MIRROR OF THE TURF. 



negotiations referred to, the price of Lady Eliza- 

 beth in the betting market was 3 to i, so that it 

 is obvious enough that the ill-starred nobleman 

 would have won a very large stake if the mare 

 had won the Derby. 



His lordship, it should be stated, had made 

 his bets on Lady Elizabeth through agents, 

 whom the bookmakers, in the event of the horse 

 being victorious, would have been bound to pay 

 in full, whilst they had no guarantee that his 

 lordship would devote the money so got to the 

 payment of his debts, he being at the time due 

 large sums to the men who had betted the long 

 odds asfainst the chance of his horse to his 

 commissioners. 



This narrative of " the Lady Elizabeth 

 Scandal" has not been penned in a dogmatic 

 spirit. It could have easily, had the writer so 

 desired, been highly coloured. It is perhaps not 

 the worse for being somewhat bald. Sufficient 

 materials have been provided, however, to admit 

 of the reader forming his own judgment on the 

 whole matter ; and one feature of the case is 

 evident, and it is from what appears on the 

 surface, the horse (The Earl) should have been 

 eliminated from his Derby engagement months 

 instead of hours before the time appointed for 

 the race. 



The following somewhat extraordinary ex- 

 tract from one of the sporting journals of the 

 period indicated will fitly conclude this narration 

 of a rather disagreeable episode of modern horse- 

 racing : " Let it be noted that it is capable of 

 proof that his lordship has not lost money on the 

 turf; that, as a matter of fact, he has absolutely 



