British Commonwealth of Nations: No Niggard

His Highness Aga Sultan Sir Mohammed Shah, the Aga Khan III, offered £100,000 last week to Sir John Rutherford for his colt Solario —was refused.

The highest price ever actually paid for a race horse was $265,000, for which sum August Belmont parted with Tracery to Señor Unzue. Though Sir John Rutherford paid only £5,000 for Solario, he may well reap £30,000 a year by offering him at stud.

As everyone knows, the Aga Khan III claims descent from Mohammed and the earliest Persian monarchs. As such, he and...