Dr. Watney drafted off a number of the best mares to form a herd for service by the Arab pony stallion Nejram, a bay standing 14·1, bred by Mr. Wilford Blunt at Crabbet Park. Nejram’s stock show in marked degree the distinctive character of their sire in the high set and carriage of the tail, full barrel, blood-like head and the long pastern; but at the same time they inherit from their dams the wonderful sure-footedness of the Exmoor pony. These ponies run from about 13 hands to 13·3. Half a dozen of these Arab-Exmoors, three years old, handled but unbroken, were sold in the year 1898 at an average price of over £14 14s. each. Twelve pure Exmoors by Katerfelto, also handled but unbroken, three years old, brought an average of over £16 16s. Bampton Fair, held in October, is now the great rendezvous for Exmoor ponies. Every fair brings several hundred animals in from the moors for sale. Like other horses and ponies, the Exmoors are suffering from the competition of the bicycle, but good prices are still obtained under the hammer. They are much used for children, and the less desirable find ready sale to coster-mongers and hawkers. Newly-weaned suckers of five or six months old fetch from £3 to £6; exceptionally promising youngsters command a higher figure. The Dartmoor pony’s good points are a strong back and loin, and substance. For generations past the farmers appear to have been in the habit of taking up a few mares for riding and breeding purposes; to these 11 or 12-hand dams—they rarely reach 13 hands—a small Welsh cart stallion is put, and the result is an animal hardy and serviceable enough for ordinary farm work. Even these would seem to form a small minority. For the most part the Dartmoor ponies still run wild, shaggy and unkempt, on the waste lands on which they breed uncontrolled, on which they are foaled and live and die; often without having looked through a bridle. Those taken up for riding purposes or for breeding are of course the pick of the droves, and thus we find an active force at work which is calculated to lower the average standard of quality among the wild ponies. In considering the various efforts which from time to time have been made in the direction of improvement by the introduction of fresh blood, we must bear in mind that the mares on which such experiments have been made are those which have been taken up by farmers and kept within fences. We cannot find that stallions of alien blood have ever been turned out to run on the moors, and in view of the conditions under which the moor ponies exist it is highly improbable that a stallion boasting such blood as would produce beneficial results on the native breed would long enough survive the exposure and scanty food to make any appreciable mark thereon. The endeavours, more or less continuous and successful, to improve the breed have been confined to the few, and have, therefore, produced little effect or none on the main stock.