Henry James, Portraits of places (1883)
“ A dozen furiously revolving arms—pink, green, orange, scarlet, white—whacking the flanks of as many straining steeds; a glimpse of this, and the spectacle is over. The spectacle, however, is of course an infinitesimally small part of the purpose of Epsom and the interest of the Derby. The interest is in having money in the affair, and doubtless those most interested do not trouble themselves particularly to watch the race. They learn soon enough whether they are, in the English phrase, to the good or to the bad. ”
