months, although the robbery is as well-known as if it were advertised over the whole front page of _The Times_ day by day. In sum, then, we have an inner circle of bookmakers who take care either to bet on figures alone, or on perfectly accurate and secret information; we have another circle of sharp owners and backers, who, by means of modified (or unmodified) false pretences, succeed at times in beating the bookmakers; we have then an outer circle, composed partly of stainless gentlemen who do not bet and who want no man's money, partly of perfectly honest fellows who have no judgment, no real knowledge, and no self-restraint, and who serve as prey on which the bookmakers batten. And then we have circle on circle showing every shade of vice, baseness, cupidity, and blank folly. First, I may glance--and only glance--at the unredeemed, hopeless villains who are the immediate hangers-on of the Turf. People hardly believe that there are thousands of sturdy, able-bodied men scattered among our great towns and cities who have never worked, and who never mean to work. In their hoggish way they feed well and lie warm--the phrase is their own favourite--and they subsist like odious reptiles, fed from mysterious sources. Go to any suburban race meeting (I don't care which you pick) and you will fancy that Hell's tatterdemalions have got holiday. Whatsoever things are vile, whatsoever things are roguish, bestial, abominable, belong to the racecourse loafers. To call them thieves is to flatter them, for their impudent knavery transcends mere thieving; they have not a virtue; they are more than dangerous, and, if ever there comes a great social convulsion, they will let us know of their presence in an awkward fashion, for they are trained to riot, fraud, bestiality, and theft, on the fringe of the racecourse.