"Exceedingly smart," Fielden said, "and, to some extent, risky. Whoever sends the message from Mirst Park is certainly a very good judge of racing. That telephone signal must have been started before the horse was past the post." "Oh, I don't know," Phillips argued. "In a very tight race they would have to wait to see what the judge had to say. But I am sure that either of us could spot the winner in ninety-nine cases out of a hundred within fifty lengths of the post. Therefore, the result would be known in London and signalled into the Post Club practically at the same instant that the race was over. I think we shall know how to deal with Mr. Copley now." "What are you going to do?" Fielden asked. "That depends upon circumstances. I don't mind telling you, when I first came home and found Copley in an apparently good position, I intended to make money out of him. I didn't feel so keen upon revenge as I used to feel. It would have been no great satisfaction to me to get him ten years on the Breakwater, and, besides, I should have had to go out to the Cape and waste several months there. That is why I decided to hit him through his pocket. But I had to be careful, because I had a dangerous man to deal with and I didn't relish the idea of a prosecution for blackmail. That is one of the reasons why I went into this business. When I speak, I shall lay Copley by the heels without taking any trouble and probably without appearing in the matter. I shall have the satisfaction of sending him to gaol, and I shan't have to go out of the country at all." "You can't make anything out of this," Fielden reminded him. "Of course not. If I were to go to Copley to-day and tell him what I had discovered he would give me a few thousand pounds to keep my mouth shut and, sooner or later, when the dodge is found out, as it must be, I should figure in the dock with the others. It is too dangerous a game. Still, when I come to think of it, sir, you are somewhat in my debt." "Perhaps I am," Fielden admitted. "But I don't see what special favour you have done me----" "By getting rid of Raymond Copley," Phillips smiled. "I couldn't have served you better. We shall have him out of the way anyhow. Later, when you find yourself in a good position again, I will ask you to give me a responsible post in your stables. Oh, it will all come right, sir. You ought to win a big stake over the Derby, if you play your cards right, and the Blenheim colt will be worth a small fortune." "What have I to do with the horse?" Fielden asked.