This watercolour of the 'Ajax' was a study for a painting by Roe, titled 'Goodbye my Lads', which shows Lord Nelson leaving Portsmouth to join ‘Victory’, before the Battle of Trafalgar (PAI7651). A print after the painting appeared in a supplement to ‘Holly Leaves, The Illustrated Sporting and Dramatic News’, Christmas Number, in 1905. Medium includes graphite. Signed by artist and dated.