"Oh, Henry!" cried Mrs. Gilderman. "Dorman-Webster's man was there and bid against Furgeson, and Furgeson funked when the other fellow ran the price up to six thousand, and let the chance of getting her go." "Six thousand dollars! Lady Maybell wasn't worth that much; was she, Henry?" "Perhaps not; but it was the horse I wanted, and not the money." "It's too bad," said Mrs. Gilderman. "Mr. Furgeson ought to have done as you told him." "Of course he ought," said Gilderman. "Confounded, stupid Scotchman!" But he felt a distinct feeling of comfort in Mrs. Gilderman's sympathy. "Maybe Mr. Dorman-Webster will be willing to sell her to you," said Mrs. Gilderman. "I don't believe he will," said Gilderman. Nevertheless, a sudden ray of hope came into his mind. "I'll tell you what; I'll ask him and see what he says," he added. He looked at his watch. "Let me see; there's a business meeting or something down at the International this morning. Maybe, if I go around there now, I'll catch him before he goes down-town." He did find Mr. Dorman-Webster at the club. One of the club servants was just in the act of helping the old gentleman on with his overcoat. Gilderman plunged directly into the business upon which he had come. "My dear boy," said Mr. Dorman-Webster, settling himself into his overcoat and straightening the collar, "I can't sell you the horse. The fact is, Edith--(Edith was his youngest daughter)--Edith fell in love with the horse last summer. No matter how high your man had bid, I was bound to have the animal." "I'll give you seven thousand dollars for her," said Gilderman, making a last effort. Mr. Dorman-Webster shook his head, smiling. "Can't do it," he said. And then, almost in Gilderman's own words that morning: "It isn't the money I want; I want the horse." Then he went away, leaving Gilderman full of a bitter disappointment that seemed to blacken all his life. He had not hoped for much, but now he hoped for nothing. He was not to have the horse, after all, and his heart fell away with despair. Why, oh, why had not Furgeson bought her in? He went up into the reading-room and sat himself down in a chair and picked up a paper. As he did so, Latimer-Moire came into the room. "Hello, Gildy!" he called out. "You're in for it, my boy!" "In for it! In for what?" said Gilderman. "What do you mean?" He had a dreadful feeling that something else was going to happen amiss to him. Then he recollected what it must be--the yacht-race. It came to him like a flash. Yesterday was the day of the yacht-race. In the things that had happened to him he had forgotten about it. Had that also gone wrong? It could not be. "Why, didn't you hear?" said Latimer-Moire. "The cablegram came half an hour ago, and it's posted up on the bulletin-board. _La Normandie_ beat the _Syrinx_ one minute twenty seconds, time allowance."