The Duke's Children by Anthony Trollope — Read

Lord Silverbridge had paid all his Derby losses without any difficulty. They had not been very heavy for a man in his position, and the money had come without remonstrance. When asking for it he was half ashamed of himself, but could still find consolation by remembering how much worse had befallen many young men whom he knew. He had never "plunged. " In fact he had made the most prudent book in the world; and had so managed affairs that even now the horse which had been beaten was worth more than all he had lost and paid. "This is getting serious," he had said to his partner when, on making out a rough account, he had brought the Major in a debtor to him of more than a thousand pounds. The Major had remarked that as he was half-owner of the horses his partner had good security for the money. Then something of an unwritten arrangement was made. The "Prime Minister" was now one of the favourites for the Leger. If the horse won that race there would be money enough for everything.

If that race were lost, then there should be a settlement by the transfer of the stud to the younger partner. "He's safe to pull it off," said the Major.