HOW TO MAKE MONEY BY HORSES. 137 



as the rest in his daily round. If they were fast 

 (which they were sure to be) when he bought them, 

 they became faster in his hands ; and the faster they 

 went, the faster his money came. 



I was induced to write on the subject of making 

 money by horses, from having so frequently heard 

 many persons complain of the heavy expenditure 

 their horses produced. In saying this, they no doubt 

 were perfectly correct ; for horses are an expensive 

 luxury to maintain, even under judicious manage- 

 ment. Where there is nothing as a counterpoise, 

 they become very far more so, particularly where 

 want of time, inclination, or judgment, lays the 

 owner open to imposition, or, when not this, mis- 

 management on the part of those in the care of them ; 

 for in such case, the owner not only pays for the cost 

 of the animals, but for his own want of knowledge 

 as regards what he possesses : it v/ould be pretty 

 much the same as regards his whole establishment 

 and all he does, if he knew as little about such things 

 as he does of his horses. 



The diminution of expense decreases in the same 



