But it must not be supposed that Lord Dunraven is always racing in large yachts. On the contrary, he is perhaps even more interested in small boat sailing, and has, since 1889, built four "fives," all of which have given a very good account of themselves. This year he brought out a twenty-rater, but so far she has not proved a success, and has succumbed to "Dragon" on almost every occasion. He is commodore of the Castle Yacht Club, a sporting little racing club on the South Coast, where races take place every Saturday and often twice a week. The commodore generally enters his boat for these matches, and always steers himself. Besides belonging to the Royal Yacht Squadron and the Castle Yacht Club, Lord Dunraven is a member of the Austrian Imperial Yacht Squadron; the Royal Cork, London, Southern, Southampton, Clyde, Western, and Victoria; the New Thames, Bristol Channel, Portsmouth, Corinthian and many other yachting clubs. The same year that he returned to yachting he took up racing again, and started a stable in partnership with Lord Randolph Churchill, having Mr. R. W. Sherwood as trainer, and "Morny" Cannon and Woodburn as jockeys. On the whole his horses have been fairly successful. L'Abbesse de Jouarre won the Oaks in 1889, and Inverness has secured some good stakes. Strange to say, on the day the mare won at Epsom, Lord Randolph was in Norway, and Lord Dunraven was sailing in his five-rater at Calshot Castle. Under these circumstances it is quite permissible to draw the conclusion that he prefers yachting to horse racing. After four years of partnership racing, Lord Dunraven bought Lord Randolph's share of the stud and now races entirely on his own account. He is a good fisherman, and as equally at home with his salmon rod as with a deep-sea line. He knows nearly every fishing ground round the coast, and, after the regattas are over, generally goes trawling. His favorite places are off Plymouth, the Scilly and the Channel Islands. Both with rifle and gun he is a first-rate shot, and although he always shoots in spectacles, seldom misses his game. [Illustration: THE KENRY GATEWAY.] Lord Dunraven took his seat in the House of Lords as a supporter of Mr. Gladstone, who subsequently offered him a minor post in the government. But at that time the young traveler took but little part in politics, and so declined the flattering invitation. His real entry into public life, and, in fact, the foundation of his subsequent career as a politician, are due to an article which he wrote in the "New York World" on Mr. Gladstone's famous attack on Lord Beaconsfield. The article obtained much attention at the time, and attracted the notice of the Conservative chief, who was much struck at the clever criticism of the young Liberal peer. An acquaintance sprang up between Lord Beaconsfield and the writer, which later on ripened into friendship, and probably had something to do with Lord Dunraven joining the Conservative party.