"Thanks," said Val; "very good of you. I'll come along in about quarter
of an hour."

"Over there. Mr. Forsyde's comin'," and Monsieur Profond "poinded" with
a yellow-gloved finger; "small car, with a small lunch"; he moved on,
groomed, sleepy, and remote, George Forsyte following, neat, huge, and
with his jesting air.

Val remained gazing at the Mayfly filly. George Forsyte, of course,
was an old chap, but this Profond might be about his own age; Val felt
extremely young, as if the Mayfly filly were a toy at which those two
had laughed. The animal had lost reality.

"That 'small' mare"--he seemed to hear the voice of Monsieur
Profond--"what do you see in her?--we must all die!"

And George Forsyte, crony of his father, racing still! The Mayfly
strain--was it any better than any other? He might just as well have a
flutter with his money instead.

"No, by gum!" he muttered suddenly, "if it's no good breeding horses,
it's no good doing anything. What did I come for? I'll buy her."

He stood back and watched the ebb of the paddock visitors toward the
stand. Natty old chips, shrewd portly fellows, Jews, trainers looking
as if they had never been guilty of seeing a horse in their lives; tall,
flapping, languid women, or brisk, loud-voiced women; young men with an
air as if trying to take it seriously--two or three of them with only
one arm.