assembled about the track picturesque miners and rugged bushmen, self-made capitalists, book-makers, and millionaire wool growers, charming women and well-groomed men, to the number of almost a quarter of a million. To all of these the occasion was one anticipated and planned for during twelve months past. It was the occasion when their long pent Anglo-Saxon sporting taste—for nine out of every ten Australians are of English ancestry—intensified by the free, out-of-door life, and by the absence of the outlets furnished in a more concentrated state of civilization, found exuberant expression. To each it carried, besides, some special significance, according to his rank and occupation. To the betting man it meant that a single firm of book makers had on deposit in the banks of Melbourne and Sidney wagers to the amount of over one hundred thousand pounds sterling; for, like the English Derby, this is a "classical" event, upon which bets are often made for the coming year the very day after the preceding race has been run. Among the women it meant triumphs of millinery, gowns that had been ordered from London and Paris many months or even a year in advance, the fashionable display of Goodwood, the Derby, and the Ascot all compressed into a single day.
Among the mine owners and wool growers it meant journeys by rail, boat, or private coach, extending over hundreds, some times thousands of miles, and lasting for days and weeks, even months. Australia has well been called "The Land of the Golden Fleece." Its flocks of sheep are the largest, its gold mines and coal mines the richest in the world. Its flocks are counted not merely by hundreds or thousands, but by hundreds of thousands; and a single sheep station often extends over a hundred thousand acres. But with this immensity of interests there is linked the familiar loneliness of grandeur. The greater a country gentleman's possessions, the farther he is removed from society, until the largest proprietors are often separated by forty or fifty miles from their nearest neighbors. For this solitude the one outlet is the journey to Melbourne for the annual cup races.
Upon this particular day the fashionable parade had eclipsed in size and splendor that of any previous year. In addition to
