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A BAYARD FROM BENGAL

into the most fashionable betting ring and, accosting a leading welsher, cries in exulting accents: "I will bet a million to a monkey against Milky Way!"

Even the welsher himself is appalled by the enormity of such a stake and earnestly counsels the Duchess to substitute a more economical wager, but she scornfully rejects his well-meant advice, and with a trembling hand he inscribes the bet in his welching book.

No sooner has he done so than the saddling bell breaks forth into a joyous chime, and the crowd is convulsed by indescribable emotions. "Huzza! huzza!" they shout. "Welcome to the missing favourite, and three cheers for Milky Way!"

The Duchess had turned as pale as a witch, for, galloping along the course, she beholds Mr Bhosh, bereft of his tall hat and covered with perspiration and dust, on the very steed which she fondly hoped had been mislaid among the left luggage!