"But you have said nothing about horses. Surely I have heard that your country is very suitable for rearing them?" asked their guest. "Suitable!" ejaculated the young Australian, with more animation than he had previously expressed. "I should think so. Yet up to this day, though a fascinating pursuit, horses haven't paid so well as sheep and cattle. But our time is coming. I have always maintained that we could breed cavalry and artillery horses for all Europe--more cheaply, too, than any other country in the world; horses possessing extraordinary courage, stoutness, speed, and constitution. From the way in which they are reared on the natural grasses in the open air, they have the best feet and legs in the world. The Indian buyers find them more suitable for cavalry and artillery than Arabs or their own stud-breds, but as yet they only take a tenth part of what we could rear if the markets were more steady and assured. It will be proved some day that the English horse gains in stoutness in Australia after a generation, and I look forward even to our sending you back pure Australian thoroughbreds, equal in speed to their imported grandsires, but sounder, stronger in constitution, and with more bone." As the descendant of Kentish squires spoke with heightened feeling upon what was evidently a favourite theme, Massinger could not help admitting that the speaker himself was no bad exemplar of the favourable conditions of a free, adventurous, roving life upon the Anglo-Saxon type. Frank Lexington was, indeed, as fine a man as you could make physically--a description once applied to him by an enthusiastic admirer at an up-country race meeting. Standing somewhat over six feet in height, he was admirably proportioned, and not less for strength than activity. His features were regular, approaching the Greek ideal in outline, while his steady eye and square jaw denoted the courage and decision which, young as he seemed, had been tested full many a time and oft. His hands, though bronzed and sinewy with occasional experiences of real hard work, were delicately formed, while his filbert nails, perhaps as true a test as any other of gentle blood and nurture, had evidently never lacked careful tendance. Fairly well read, and soundly if not academically educated, he was but one of a class of the present generation of Australians who do no discredit to the imperial race from which they spring. Before these reflections had come to a conclusion, however, Mr. Lexington rose, saying-- "Now that Frank has got to the horses of his native country, we had better adjourn the debate, if you won't take another glass of port, or his mother and sisters will be scolding us for staying too long over our wine." Soon after their arrival in the drawing-room the opposition found a speaker.