Horsepeople, like many others in our society, may still think of a government-issued license as nothing more than a privilege — a permission slip controlled entirely by the rules and regulations under which it is granted. However, once that license is issued, and the licensee has spent years building a livelihood, reputation and body of experience around it, the license becomes something far more substantial. It develops real value — both economic and personal — and that value should not be impaired, reduced or taken away.