warrant in connection with some alleged turf frauds
which took place recently at the Post Club. We understand that
the warrant was granted at the instance of Mr. Selwyn."

CHAPTER XL

CAUGHT!

Raymond Copley went away from Haredale Park with every ounce of fight
knocked out of him. Never for a moment had he anticipated a development
like this. He had gone there in his most truculent mood. Everything
seemed to be prospering with him. He had only to hold out his hand and
all would drop into it. He had no fear Sir George would defy him. Rather
had he taken a journey across the fields in order to manifest his power.

There had been no actual necessity for Sir George to put his colt out of
the betting yet; indeed, it would have been diplomatic to wait for
another fortnight. But Sir George must be shown that he could not do as
he liked. He must understand the force he had to deal with in Copley.

Now it had all vanished like a dream. The thing appeared incredible to
Copley as he walked homewards. He could not realize it. He was not
disposed to regard Sir George's story as a deliberate lie, for it bore
the impress of truth. The only way to settle the thing once and for all
was to ask for absolute proof. But, if this were done, Harry Fielden
would protest and, if he did so, the public would learn what was going
on. Taking it altogether, the risk was too great.

He would have to find some other way out of his difficulties. He had
laid against the Blenheim colt thick and thin. He had literally piled
the money against it with the comfortable assurance that it would never
run at all, and that he was about to net a huge fortune without a
pennyworth of risk. That prospect had vanished at a blow. If he stayed
in England he would have to pay these debts, or the turf would know him
no more. And if posted at Tattersall's, his career was at an end. There
would be no more chance of making money in that way. He would have to
start an entirely new plan if he meant to keep up his role of
millionaire. But millionaires do not repudiate their racing debts, and
Copley could see nothing but ruin wherever he looked.

There was worse behind, too. It was disturbing to know that in some
mysterious manner Aaron Phillips was mixed up in this business. But he
had made no sign. He had not come near Copley, nor had he attempted to
extort money from him. Yet he was actually a sort of partner with Harry
Fielden, who had taken service