A few years ago an author, who, though fairly successful, had made

no particular stir in the literary world, and whose books did not

seem likely to have had a very enormous sale, suddenly purchased a

nice estate in which was included a luxurious country house, where he

began to entertain. An old friend of his on a visit frankly expressed

himself surprised at this sudden accession of prosperity, and alone one

wet day with his host in the smoking-room bluntly asked:

"However did you make so much money, surely not by your books?"

"No," was the reply, "by speculating in the City."

"An experience as rare as it was pleasant--I suppose you were given

some good tips."

"Yes, not taking them was the secret of my success!"

The host then proceeded to explain that, chancing to know a number

of men in the City who were in the best possible position to have

sound information as to the rise and fall of stocks and shares, the

thought one day struck him that he might profit by such opportunities.

Accordingly he let it be known that he had a certain amount of money

which it was his intention to try and increase by careful speculation.

Tips poured in upon him--he was entreated to become a bear of this and

a bull of that--people appeared anxious to put him into all sorts of

ventures, and he became the recipient of much "exclusive" information.

His idea of speculation, however, was original. Told to buy a certain

stock he invariably sold it; warned of a coming fall, he speculated

for a rise; in fact it became his practice to act in a manner exactly

contrary to that indicated by his many advisers, whom, meanwhile, he

kept in ignorance of what he was doing.

By this curious and original method in a comparatively short time

he accumulated a comfortable fortune, and then decided to abandon

speculation and spend the rest of his days in prosperous ease.

As this shrewd and fortunate speculator explained to his friend, human

nature must be reckoned with in all things, and in a vast number of

cases those who give tips are interested in the particular stocks which

they not unnaturally seek to bolster up--a really good thing does not

need much puffing.

On the other hand, regular schemes to depress certain stocks are often

engineered in a most clever manner, adverse rumours being spread

as to a probable fall in order to facilitate large purchases at a

small figure; these having been made, the stock rises with startling

rapidity. The best maxim for speculators, not well versed in City

matters, is to take plenty of advice, and in the vast majority of cases

to operate in an exactly contrary way.

FOOTNOTES:

[Footnote 6: An excellent account of this adventurer is given by that

gifted writer Mr. Theodore Andrea Cook, in _Eclipse and O'Kelly_,

published two years ago.]

VI

Colonel Mellish--His early life and accomplishments--His

equipage--A great gambler--£40,000 at a throw!--Posting--Mellish's

racing career--His duel--In the Peninsula--Rural retirement

and death--Colonel John Mordaunt--His youthful freaks--An

ardent card-player--Becomes aide-de-camp to the Nawab of

Oude--Anecdotes--Death from a duel--Zoffany in India and his picture

of Mordaunt's cock-fight--Anecdotes of cock-fighting.

Amongst the sporting characters of the past who flung their fortunes to

the winds at the gaming-table or on the race-course there were not a

few who were possessed of considerable intelligence and charm. Such a

one was the handsome, gallant, and accomplished Colonel Mellish, beyond

all doubt the Admirable Crichton of his day.

The son of Mr. Charles Mellish, of Blyth Hall, near Doncaster, a

gentleman devoted to antiquarian research and obviously of very

different disposition from his son, Henry Mellish was born in 1780, and

coming into his kingdom after a long minority, plunged at once with

infinite zest into every form of patrician dissipation. It has been

said that he was at Eton, but his name does not appear in the school

lists. At any rate, whatever his school, he seems to have distinguished

himself at it by a variety of escapades, which culminated in his

running away and flatly refusing to return. In his seventeenth year

he joined the 11th Light Dragoons, from which he exchanged into the

10th Hussars, the smartest light cavalry regiment of the day, with the

Prince of Wales for its colonel. There is a tradition that Mellish was

granted perpetual leave lest his extravagance should corrupt the young

officers; but his subsequent career proves that he must at least have

seen enough of soldiering to have learned his duty. After he had left

the 10th Hussars, his name appears in the army list as an officer of

the 87th Royal Irish Regiment, and also as a major of the Sicilian

Legion, in which many Englishmen held honorary commissions. At the same

time, his name figures in the list of Lieutenant-Colonels. Mellish was

no mere fashionable spendthrift. He was a man of many accomplishments.

Nature, indeed, seemed to have qualified him for taking the lead, and

to have given him a temperament so ardent, as made it almost impossible

for him ever "to come in second."

He understood music, and could draw, and paint in oil colours. As a

companion he was always in high spirits, and talked with animation on

every subject; whilst his conversation, if not abounding in wit, was

ever full of interesting information founded on fact and experience. He

had a manner of telling and acting a story that was perfectly dramatic.

He was at home with all classes, and could talk with the gentleman and

associate with the farmer.

In Mellish culminated all the best of these various qualities which

were considered the appanage of a patrician sportsman of his day. A

most expert whip, no man drove four-in-hand with more skill and with

less labour than he did; and to display that skill he often selected

very difficult horses to drive, satisfied if they were goers. As a

rider he was equally eminent: for years after his death his memory

lingered in many a hunt, where he had led all the light weights of

Leicestershire, Rutlandshire, and Yorkshire, when he was himself riding

fourteen stone. His was the art of making a horse do more than other

riders, and he accustomed them, like himself, "to go at everything."

The following stanza, one of those in a famous hunting song composed

when Lord Darlington, afterwards Duke of Cleveland, hunted the

Badsworth country, commemorates the young sportsman, who was well-known

as a daring rider with these hounds:--

Behold Harry Mellish, as wild as the wind,

On Lancaster mounted, leave numbers behind;

But lately returned from democrat France,

Where, forgetting to bet, he's been learning to dance.

A melancholy occurrence once gave him an opportunity of displaying, not

only his filial affection, but also his determination as a horseman.

Having heard the alarming intelligence of his mother's illness, he

mounted one of his barouche-horses to proceed to London, and actually

rode from Brighton to East Grinstead, a distance of twenty miles, in an

hour and twenty minutes; the strain of this feat was so severe that on

arrival at his destination the gallant horse which had carried him fell

dead.

As a runner he was by no means to be despised. He beat Lord Frederick

Bentinck (renowned for fleetness of foot) in a running match on

Newmarket Heath. For everything connected with sport Colonel Mellish

possessed a natural aptitude, as was universally recognised.

In appearance he was a big man, who even as a youth weighed some twelve

stone. Nearly six feet high and admirably proportioned, the pallor

of his complexion was rendered more noticeable by his black hair and

brilliant eyes. In dress he had a great fondness for light hues and

usually wore a white "boat hat,"[7] white trousers, and silk stockings

of the same colour. When he arrived on the course at Newmarket his

barouche, which he drove himself, was drawn by four beautiful white

horses, whilst two out-riders in crimson liveries, also mounted on

white steeds, preceded this brilliant turn-out. Behind rode another

groom leading a thoroughbred hack, whilst yet another waited at the

rubbing post with a spare horse in case of accidents.

At that time he had thirty-eight race-horses in training, seventeen

coach-horses, twelve hunters, four chargers, and a number of ordinary

hacks. The expenses of his establishment were enormous. Besides these

he lost very large sums at the gaming-table, where he once staked

£40,000 at a single throw and lost it. At his own home he gambled away

vast sums, and a table was formerly preserved at Blyth on which its

former owner had once lost £40,000 to the Prince Regent. At one sitting

at a London Club--it is said at Brooks's, though Mellish's name does

not appear in the list of former members--he rose the loser of £97,000,

and was leaving the Club-house, when he met the Duke of Sussex, who,

hearing what had happened, persuaded him to return and try his luck

once more. This he did, and in two or three hours won £100,000 off the

Duke, who paid as much of this sum as he could, promising to settle

the rest by a life annuity of £4000. It would, however, seem somewhat

doubtful whether the entire debt was ever liquidated.

As a matter of fact such large sums were often lost at hazard that it

was no infrequent thing for losers to compromise their debt by paying

an annuity to fortunate opponents. The impression that in old days all

gambling liabilities were scrupulously discharged on the spot is not

based upon any very solid foundation, and winners sometimes had the

greatest difficulty in getting their money. Under such circumstances

defaulters were occasionally posted.

The expression "posting a man" for not having paid a debt of honour is

now more or less figurative, but, as recently as the beginning of the

nineteenth century, defaulters were publicly posted.

In September 1824, for instance, all Brighton was surprised to find the

following placard posted up at Lucombe's Library and other places of

the same sort:--

BRIGHTON, _September 8, 1824_.

Twice have I applied to the Earl of S. for the settlement of a bet,

and twice, having given him the offer of a reference, I was under

the necessity of requesting the satisfaction of a gentleman, which

he refused. As such, I post the Earl of S. as a man who constantly

refuses to pay his debts of honour, and a coward.

W.T.

The above placard is said to have been induced by the refusal of a

certain Peer to answer a demand of £2000, for which no satisfactory

claim could be produced.

To guard against the possibility of a duel, warrants were issued

against the nobleman and Mr. W.T. by the local magistrates. The Earl

was easily found, and bound in a recognisance of the peace. Mr. W.T.,

however, could not be discovered, it being declared that he feared

criminal proceedings being taken.

Most of the gamblers of a century ago were men of careless disposition,

and Colonel Mellish in particular lived in such a whirl of excitement

and gambled in such tremendous sums that a few thousands more or less

were at this time very little to him. His life was devoted to frolics

of every kind. On one occasion after a ball at Doncaster, Mellish and

the Duke of Clarence sallied out for a lark and assisted in the arrest

of a man who had been fighting in the street. When the party reached

the prison, Mellish locked the Royal Duke in a cell and went off with

the key, which he delivered to his brother the Prince of Wales. The

Duke on his liberation took the joke very good-humouredly.

It may be added that, like most born gamblers, Colonel Mellish lost

his money with the greatest coolness, ever accepting ill-luck with

imperturbable equanimity. The hazardous joys of racing were to him an

irresistible lure, and no more ardent supporter of the Turf than he

ever lived. His career as an owner of racers only extended over about

seven years, from 1801 to 1808, when financial difficulties obliged him

to abandon the sport to which he was devoted. The greatest financial

reverse he suffered was when Mr. Clifton's Fyldener won the St. Leger

in 1806. Over a million guineas are said to have changed hands over

this race, and Colonel Mellish lost an enormous sum. Nevertheless, as

a judge of racing there was no man held to be his equal. If indeed

judgment in such matters could preserve any one from ruin, then Mellish

should have kept his fortune. Endowed with mental qualities far above

those possessed by most sporting men, the owner of Blyth soon attained

a remarkable knowledge of the intricacies of the Turf, and the best

judges used to declare that they never knew a man who was better able

to gauge the powers, the qualities, and capabilities of the racer, as

well as the exact weights he could carry, and the precise distances he

could run. Unfortunately there was one side of the Turf life of his day

which he could not master, that was the rascality of those who took

care not to leave to accident the chances which made ultimate success

certain.

Colonel Mellish was not only a most excellent judge of a race-horse,

but well acquainted with all the intricacies of managing a

racing-stable. He was universally admitted to be possessed of an

extraordinary capacity for making matches, and as a handicapper was

declared to be supreme. A careful investigation, however, of the old

Racing Calendars from 1805 to 1807 hardly confirms such an estimate of

the Colonel's abilities in this direction. In those three years he won

38 and received forfeit for 15 matches, losing 57 and paying forfeit

for 31; that is, he won £11,505 and lost £18,600 in stakes. In addition

to this he must, of course, have lost very large sums in bets.

The most famous of all his matches was that between his Sancho and Lord

Darlington's Pavilion. There were really three matches. In the New

Claret Stakes at the Newmarket first Spring Meeting, 1805, Pavilion

beat Sancho and some other horses (6 to 4 Sancho, 7 to 1 Pavilion).

Mellish then challenged Lord Darlington, and a match was run in the

summer at Lewes--four miles for three thousand guineas, Buckle riding

Sancho and Chifney Pavilion. Sancho (the non-favourite, 2 to 1) won

easily. Another match was run over the same distance on the same course

for two thousand guineas, 6 to 4 on Sancho, who broke down badly.

Mellish on this occasion lost altogether five thousand guineas, though

at one moment before the race he had been offered twelve hundred to

have it off. A third match for two thousand guineas over a mile at

Brighton was made in the same year, but Sancho had to pay forfeit.

Colonel Mellish's colours were white with crimson sleeves. His trainer

was Bartle Atkinson, who from the time of entering his service in 1802,

till 1807, turned out what was probably a greater number of winners

than any other private trainer for one owner has ever done in the same

period of time. In 1804 and 1805 he won the St. Leger with Sancho and

Staveley, and trained many winners besides. In spite of all these

successes, racing proved most disastrous to the Colonel's fortune, and

like the vast majority of racing-men of this stamp, he left the Turf a

ruined man. In his palmy days it is said that he never opened his mouth

to make a bet under £500.

He wanted to be everything at once, and as the saying went, he was "at

all in the ring"; till by deep play, by racing and expenses of every

kind, and in every place, he found it necessary to part with his

estate in order to satisfy the demands which obsessed him on all sides.

Though the most popular of men, Colonel Mellish once had a serious

altercation with the Honourable Martin Hawke, and the result was a

duel, when the following conversation is said to have occurred--it

shows the light-hearted spirit of the combatants.

_Mellish._ "Take care of yourself, Hawke, for by --- I shall hit you."

_Hawke._ "I will, my lad, and let me recommend you to take care of your

own canister!"

The seconds, on hearing this, agreed that they should not take aim,

but fire by signal, which was done. The Colonel missed, but Hawke's

shot took effect, by passing round the rim of his opponent's stomach,

and eventually penetrating his left arm; on which Mellish exclaimed,

"Hawke, you have winged me! Lend me your neckcloth to tie up the broken

pinion!" This was immediately complied with, and the arm being bound

up, they both returned in the same chaise, as good friends as ever!

This duel was fought in 1807 in a field by the roadside, and originated

in a quarrel about the Yorkshire election, from which both duellists

were returning in their drags.

Mellish would appear to have run a great risk of being killed, for

the Honourable Martin Hawke was a singularly gifted man and could do

incredible things with a pistol. Indeed his skill in that direction was

probably never equalled. His nerve and courage were of the highest

order.

Mr. Hawke once fought a duel near Brussels with a certain Baron

Smieten. Whilst the seconds were measuring out the distance, he amused

himself by drawing a mail-coach with his stick on the bank of a sandy

ditch. One of the seconds, a guardsman, came up just as the finishing

touches were being put to the coachman's whip, and said "All's ready,"

to which Hawke replied, "Just let me put the lash to this fellow's

whip." Having touched off this, he instantly proceeded to touch up his

antagonist, mentioning that as he had put him to so much trouble (they

fought over the frontiers) he must give him a touch, but would content

himself with spoiling his waltzing for a little; naming where and how

he would operate--and this he did to a hairbreadth.

At one time the patron of all the superior pugilists, Colonel Mellish

first brought many of them into notice. He arranged the first battle

ever fought by the famous Tom Cribb, who was matched by the Colonel

against Nicholl, who beat him. Unfortunately for his gallant backer,

Cribb on this occasion entered the ring very drunk, and, of course,

fell an easy prey to an antagonist whom in future days the champion

of England would have beaten in ten minutes. Colonel Mellish likewise

made the match betwixt Gully and the Game Chicken; the former of whom

he caused to "give in," much against his inclination. The Colonel's

humanity on this occasion cost him a large sum, as he had backed Gully

heavily. Nevertheless, he insisted upon his yielding, the man being

reduced to such a state of weakness that his supporter was afraid of an

accidental blow proving fatal.

At the time of the Peninsular campaign a regular crisis occurred

in Mellish's affairs, and Sir Rowland Ferguson appointed him his

aide-de-camp, and he went out to Spain. Previous to the battle of

Vimeiro, as the general officers were dining together, one of them

observed to Sir Rowland Ferguson that if the thing were not impossible,

he should have declared that an officer he had seen was a gentleman

whom he had left a week or two ago in the cockpit at York, with cocks

engaged in the main there--his name he had understood was Mr. Mellish.

"The very same man," returned Sir Rowland, "he is now my aide-de-camp,

and I think you will say, when you have the opportunity of knowing more

of him, a better officer will not be found," and this proved to be

the case. On many different occasions, indeed, the Duke of Wellington

declared that a better aide-de-camp than Mellish he had never observed.

The undaunted manner with which he encountered danger, the quickness

with which he rode, and the precision with which he delivered his

orders, never making any mistake in any moment of hurry or confusion,

were circumstances which excited much favourable comment from friend

and foe alike.

After the battle of Busaco, Colonel Mellish was sent with a flag

of truce to the French head-quarters, on a message respecting some

prisoners. On his arrival at Leiria, Massena invited him to dinner, and

treated him with great attention and respect.

After remaining some time with the army abroad, Colonel Mellish

returned home, and after that period engaged no more in military

duties. According to rumour his return was owing to the resumption of

his former habits of play, which the Duke of Wellington had forbidden;

but this is not certain.

The Prince Regent, who was so often accused of forgetting those who

had served him, certainly did not justify this reproach in the case of

Colonel Mellish; for on his having obtained a small appointment abroad

in one of the conquered islands, the Prince made him his equerry, in

order to enable him to enjoy the emoluments of it whilst remaining at

home.

In addition to this the uncles of the Colonel, who had undertaken the

management of his property when he was abroad, enabled him, by their

arrangements, to take up his abode at Hodsock Priory, where he had

occasionally lived before, and where at a comparatively early age he

ended his days. On his way to this farm he had to pass the magnificent

mansion and domain of Blyth, the seat of his ancestors and formerly his

own, which the vicissitudes of a Turf career had obliged him to sell.

Colonel Mellish, however, accepted his lot with considerable

equanimity, and lived at his somewhat modest abode without any

mortifying regrets. Having married one of the daughters of the

Marchioness of Lansdowne,[8] who brought him a very handsome fortune,

his circumstances again became easy, and he was enabled to indulge in

those rural pursuits which appear early and late to have been congenial

to his disposition. He took to coursing and established a fine stud

of greyhounds. He also bred cattle with great success, winning many

prizes at northern cattle shows, and obtaining high prices for his

stock, and more fortunate than most men of his disposition and tastes,

ended his life in comfort and peace. His death, however, occurred

at a comparatively early age, for he fell a victim to dropsy in his

thirty-seventh year.

Another gallant sporting man, though of quite another description, was

the Anglo-Indian Colonel John Mordaunt, a natural son of the Earl of

Peterborough.

John Mordaunt, as a boy, was too wild to learn much at school, his

whole time being devoted to playing the truant; as he often said,

"one half of his days were spent in being flogged for the other

half." Devoted to cards from youth, he received many a castigation

in consequence. "You may shuffle, Mordaunt, but I can cut," was the

remark made to him by his schoolmaster on more than one occasion.

In consequence of this unsatisfactory behaviour, when the boy left

school he was about as learned as when he first was sent there. His

guardians were very much annoyed at this and blamed his master, upon

which young Mordaunt very handsomely stepped forward to exculpate the

latter, whose attention he declared to have been unparalleled. Slipping

off his clothes, he exhibited the earnestness of the good man's

endeavours; humorously observing, that as nothing could be got into his

brains, his master had done his best to impress his instructions on the

opposite seat of learning.

When the moment came for the youth to pass muster before the India

directors he could not be found, and it was nearly too late when he was

at last discovered playing marbles in Dean's Yard. No time, however,

was wasted in driving him up to Leadenhall Street, where, more bent on

frivolity than on answering the grave questions put by his examiners,

he was near being rejected as an idiot, when one of the quorum, who

understood such a disposition well and who probably wished to see John

appointed, asked him if he understood cribbage. In an instant young

Mordaunt's attention was thoroughly roused, his eyes glistened, and

regardless of every matter relative to his appointment, he pulled out a

pack of cards, so greasy as scarcely to be distinguished, and offered

"to play the gentleman _for any sum he chose_!"

The youth now felt himself at home, and speedily convinced his

examiners that, however ignorant he might be of the classics, he was

a match for any of them at cards! He was passed, and despatched to

Portsmouth to embark on an Indiaman ready to sail with the first fair

wind; but as there seemed no likelihood of this for some days, the

person who had charge of him put him on board and returned to town.

Needless to say, Mordaunt at once got away to shore, where he played a

number of pranks before the ship eventually set sail.

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