242 RACING, PAST AND PRESENT. 
horses were always run on strictly honest principles, and those 
in his name were all his own, until his health gave way and 
put an end to his short and extraordinary career. It may fear- 
lessly be averred that during this brief time, he revelled in his 
favourite amusement, spending enormous sums yearly, only to 
have them repaid with a good amount over, by way of in- 
terest. His gigantic expenses were all met and discharged, 
with most praiseworthy and business-like promptitude; and 
his liberality was unbounded. And yet all this was done 
without the aid of a princely fortune; for as I have before 
said, his means were limited and he started with a borrowed 
purse. And I am told by one of his lordship’s most intimate 
friends (in whose arms he died) that he was richer when 
retiring from the turf than when he commenced racing. 
I shall now, by way of comparison, say a few words on the 
racing career of the late Earl of Derby; a fearless and upright 
sportsman, as well as a justly celebrated statesman and orator. 
Two noblemen so thoroughly dissimilar as were these 
in all that concerns racing, except in their unflinching in- 
tegrity, can scarcely be found. The Marquess hardly ever 
bred a horse, but bought his yearlings and old horses, of which 
he had not a few. The Earl bred, and never bought any 
young or old, keeping only a small stud. Moreover, he seldom 
ran them except at Goodwood, Doncaster, Epsom, and a few 
other places, and backed only his own, and then only for 
small sums. The Marquess did just the opposite. He backed 
his own often, and other people’s, for very large stakes; and 
no place was too distant, nor race too small, for him to run 
a horse in it. Again, whilst the Earl was a millionaire, and 
the Marquess comparatively speaking poor, both raced with 
success. I can vouch for the fact, on the authority of a noble- 
man well known to the late Earl, that his stud never cost him 
