A little group of men, before whom every one fell back respectfully, were strolling through the paddock towards the horses. Amongst them was Royalty, and amongst them also was Scarlett Trent. But when he saw the girl in the white foulard smile at him from the paling he forgot etiquette and everything else. He walked straight across to her with that keen, bright light in his eyes which Fred had described so well in his letter.