34 THE POCKET AND THE STUD. 



ference being, the dealer knew he was sellmg at 

 sixty what was only worth thirty, your friend sells 

 for sixty what he believes to be worth that sum, 

 tliough only worth half of it : you are both done, 

 and your pocket derives no benefit from your friend 

 not being "a horse-jockey." Still, purchasing 

 under such circumstances is perhaps the best and 

 safest mode by which such persons can go to work, 

 if they are determined to purchase for themselves. 

 We will now suppose that a purchaser of the 

 class I have alluded to, buys a young horse of a 

 farmer, miller, or some such person, who bred 

 him ; and to such sources such purchasers are 

 much in the habit of going. I possibly may have 

 known instances where such purchases have been 

 made, and the purchaser has not lost by them. If 

 I have, the instances have been so few, that I 

 cannot bring any case to my recollection ; and, 

 where they have occurred, probably the not losing 

 arose from not attempting to sell. Low-priced 

 horses are generally wanted for purposes where 

 use without show is wanted. I have occasionally 

 wanted such a horse. I trust I need not say I 

 never bought a raw young one for such a pur- 

 pose ; consequently, personally, I never had deal- 

 ings with farmers for low-priced horses ; but I 

 have seen many of these forty-pound bargains, 

 and, generally speaking, precious bargains they 

 were. Such men always, without exception, value 



