"Oh, there's plenty of time," Fielden said cheerfully. "I daresay you'll manage to make him fit for the Guineas. It is a good thing I didn't take your advice and back him. I am glad the money I got for the library is still in the bank."

The stud-groom shook his head obstinately.

"I don't think you are right, sir," he said. "I still believe in the colt and, as you say, there is heaps of time between now and the Guineas. Of course, I must tell Sir George, and a fine state he'll be in, I expect. Just think what a difference that colt will make if he wins. And yet you refuse, sir, to benefit by so much as a penny."

"Why should I?" Fielden asked. "Practically the horse doesn't belong to me. Legally, I suppose, he does, and I have no doubt I could put in a successful claim. But the colt was only a yearling when I went away. He has been trained in Mallow's stable and by Sir George's man."

"I never call myself that, sir," Raffle muttered.

"Ah, but you are, Joe, morally speaking. You have accepted service under him, and you take his money. I know you have behaved exceedingly well to me. I know you have meant everything for the best, and I thank you for it. But I cannot interfere. Can't you see that I am in honour bound——"

"In honour bound to stand by and see Mr. Copley marry Miss Haredale?" Raffle asked indignantly. "I am sure I beg your pardon. I forgot myself. I had no business to speak like that to you. But that is what it is coming to. Here have I been working and scheming and keeping my mouth shut to put a matter of a hundred thousand pounds into Mr. Copley's pockets."

"If the colt wins," Fielden suggested.

"Oh, he'll be all right, sir. It is only a matter of a few days, but if this thing gets talked about, why, the colt will go bang down in the betting and we shall all make fortunes with the outlay of a few pounds. There is another thing I must tell you. You see, it is like this——"

Raffle turned away as he spoke, and Fielden followed him, so that the figure eagerly listening behind the gorse bush could hear no more. Though, on the whole, he had had an exceedingly fortunate morning, he bitterly regretted that the deeply-interesting conversation had been cut short just at the point when he might have picked up information that might have made his fortune.