HOW TO MAKE MONEY BY HOESES. 73 



that the purchaser must be a better judge or better 

 trainer than he who recommended the sale, but a 

 fresh and happy thought strikes him that had not 

 struck the other, and this accounts for the latent 

 qualities of colts being sometimes never drawn out 

 by owner or trainer. Let me, however, oppose those 

 disposed to purchase under the idea that they can do 

 what has not yet been done : that is a very dangerous 

 game to play; and if such a trainer as Scott and 

 many others condemn a colt, nineteen times in twenty 

 they will be found right in so doing. Still, monej^ 

 is to be made, even, by going on this system, provided 

 the purchaser takes care that the colts, like the 

 razors I have mentioned, cost him little on the 

 average ; for then, if after making himself owner of 

 the nineteen, the twentieth turns uj) a trump, the 

 buyer pays himself, and his luck and judgment must 

 be both bad indeed if he cannot find one turn in his 

 favour to set against such odds. On the other side, 

 we will not suppose a man to be so astray in his 

 judgment as to purchase such sheer wretches as not 

 to be worth for hacks or some such purpose (about) 



