HOW TO MAKE MO^-EY BY HORSES. 65 



sure profit by it, he will find the reasonable hope 

 that with the necessary care, attention, judgment, 

 and comparative outlay required by other specula- 

 tions, he will not be disappointed in his views in 

 breeding horses for hunting or other purposes to 

 which first-class half-bred ones are applied. 



The breeder of racing-stock goes on a different 

 principle to the one we have had last in considera- 

 tion. The first has no occasion to wait four years 

 for a return of his money or profit on his care and 

 judgment; for his produce, if good, are money at a 

 very early period. There are two distinct principles 

 on which I consider he should go ; he should, how- 

 ever, confine himself to one of these, whichever his 

 taste or convenience may induce him to select. 

 The one is to breed for sale, the other for his own 

 racing purposes ; but I consider he cannot amal- 

 gamate the two, without disadvantage to himself. 

 If he breeds for sale, I consider selling his young 

 ones as yearlings to be the surest and safest plan he 

 can adopt. If they are of running blood on both 

 sides, they are sure to bring long prices ; and a dam 



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