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Grain and Chaff from an English Manor by Arthur H. Savory
page 151 of 392 (38%)
boundaries in their search for purchases, or to interfere in each
other's business. This principle was carried so far as to prevent
dealers from one of these "countries" purchasing a horse at a fair
coming from another dealer's "country," and the understanding of
course minimized competition likely to raise the price. The dealers
however I think, gave fair values, governed for the most part by the
prices obtainable by them in the large towns.

Most of my horses, when for sale, were bought by a man in a
considerable way of business, a well-known breeder, too, of shire
horses, taking many prizes at the leading shows. A handsome man with a
presence, and an excellent judge, shrewd but straight. He would ask
the price after examining the animal, and make an offer which he would
very seldom exceed if refused at first; but he would spend some time
in conversation, apparently quite irrelevant and very amusing, though
always returning to the point at intervals with arguments in favour of
the acceptance of his bid. He was so genial and pleasant and such good
company, for no man was ever better acquainted with the ways of the
world, that he very rarely, I think, left the premises without a deal,
though sometimes he was in his gig before the final bargain was
struck. It is a custom of the trade for the seller to give something
back to the buyer by way of "luck money," and the last time I did
business with him I refused to give more than one shilling each on two
horses, as I never received more than that sum when a buyer myself. He
accepted cheerfully, telling me that a shilling each was quite worth
taking, as he had a thousand horses through his hands in the course of
every twelve months, and that a thousand shillings meant £50 a year.

The best piece of horse-dealing I ever did, was the purchase of a six
months old colt for £26, winning £20 in prizes with him as a
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