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FUTURE ENGLISH BREEDING OUTLOOK An Authority of High Repute Anticipates Good Thoroughbred Market After the War It is a somewhat desolate prospect this sales question and yet why should it be for brave men They need to be brave men of course and I think there is a stupid bravery in the British character in which I hope I share that leads us to put despair under foot and still carry on I am not talking of bravery in the face of the enemy or anything of that sort but the dull obstinate bravery that worries through in business affairs no matter what disasters may impend impendMr Mr Purefoy asked me last night where will any money come to buy bloodstock after the war It might be equally said Where is the money come from to buy anything I5ut bloodstock at any rato in Iwtli England and Ireland is a monopoly and the world after the war will have a great need for it AVhatever may be the methods by which legal tender may in those days l c made it is certain that such tender will be made for blood ¬ stock and it will maintain its relative value in the same way as other necessities must and will but mere fashion is likely to suffer except for the stringency of the monopoly Thus Gay Crusader would always command a ny fpt but there is only one Say Crusader Horses which have not quite touched the divine fire will have to come down in their fees and the main trouble of the present may bo that highclass breeding will run into pockets as they phrase it in gold money so that only the few stallions of the moment will come in for patronage while others which are not so much in the public mind are left out in the cold There seems to be no happy middle course If you send to one of a few horses you may expect value in your mare if you send to any others you may regard her as valueless valuelessSIRES SIRES OF THE FUTURE FUTUREThat That is the idea which always rushes into peoples heads at sale times but it is quite wrong for really here are many young horses which will be in the stalls of the mighty a few years hence Diadumencs might well be one of theso though at a most modest fee now So probably Avill be Jave ¬ lin which seems likely to have a splendid foal record next year Gamechick being among the other numerous good mares in foal to him Many others may be named Marcus St Meriadoe Cerval and I believe Argosy is to have a great first stud sea ¬ son The buyer of the moment never thinks beyond today but that is no reason why breeders should not do so Indeed the breeder with a sufficiently delicate instinct should always be anticipating what will be wanted two or three years hence It is not easy to do this but provision of the kind sug ¬ gested should be cultivated and it may often result in using a horse at a small fee which will be at a big one before you have a yearling to sell On the other hand the most foolish policy of all is to fill up the latest craze for three years at a big fee Such arrangements have rarely led to anything but annoyance and trouble troubleGay Gay Crusader is on a basis of his own but even for him I would not rush madly into book subscrip ¬ tions years in advance I have never known a horse yet to which you could not get a subscription in any year if you wanted it Sometimes you could have it at a discount though it is well to observe here that Mr Fairie if I am rightly informed does not permit transfers of nominations to his horses In this he is perfectly within his rights for the owner of a valuable stallion naturally exercises discretion as to the subscribers whom he accepts and may properly resent and repudiate any trans ¬ action of theirs purporting to transfer the nomina ¬ tion to Tom Dick or Harry whose mares or whose studs may be of a quite undesirable character In other words no transfer of a nomination to a stal ¬ lion should be attempted without the consent of the owner of the stallion for the granting of the nomi ¬ nation is a purely personal contract and in no way resembling a certificate payable to bearer The Special Commissioner ia London Sportsman