Doggett's Coat and Badge is the prize and name for the oldest rowing race in the world. Up to six apprentice watermen of the River Thames in England compete for this prestigious honour, which has been held every year since 1715. The 4 mile 5 furlongs (7.44 km) race is rowed on the River Thames upstream from London Bridge to Cadogan Pier, Chelsea, passing under a total of eleven bridges. Originally, it was raced every 1 August against the outgoing (falling or ebb) tide, in the boats used by watermen to ferry passengers across the Thames. Today it is raced at a time amenable to spectators, in September, that coincides with the incoming (rising or flood) tide, in contemporary single sculling boats. The winner's prize is a traditional watermen's red coat with a silver badge added, displaying the horse of the House of Hanover and the word "Liberty", in honour of the accession of George I to the throne. In addition, each competitor who completes the course receives a miniature of a Doggett's Badge for their lapel in a ceremony at Watermen's Hall, in silver for the winner and in bronze for the others. Monetary prizes are also awarded by the Fishmongers' Company to the rowing clubs of those taking part, with £1,000 to the winner's club, £600 for second, £400 for third and £200 for fourth. In addition to the prizes received, winning Doggett's Coat and Badge in the 18th and 19th centuries would help attract more trade to the talented waterman. While this is no longer the case, winning the Doggett's Coat and Badge is today still seen as very prestigious. History Thomas Doggett was an Irish actor and comedian who became joint manager of Drury Lane Theatre. He relied heavily upon the watermen of the Thames, who were then the equivalent of the modern taxi driver, to convey him between the various plying stairs near his workplaces in the City of London and his residence in Chelsea. There is a legend that in 1715 Doggett was rescued by a waterman after falling overboard whilst crossing the Thames near Embankment. Although this has always been dismissed, along with other myths, by the Fishmongers' Company, the story continues that in gratitude for his rescue he offered a rowing wager to the fastest of six young watermen in their first year of freedom, over the course between "The Swan" pub