“An ingenious young gentleman, Mr. Steggles, sir.”

“A bally swindler, you mean.”

“Perhaps that would be a more exact description. However, these things will happen on the Turf, and it is useless to complain.”

“I wish I had your sunny disposition, Jeeves!”

Jeeves bowed.

“We now rely, then, it would seem, sir, almost entirely on Mrs. Penworthy. Should she justify Mr. Little’s encomiums and show real class in the Mothers’ Sack Race, our gains will just balance our losses.”

“Yes; but that’s not much consolation when you’ve been looking forward to a big win.”