George speaks harshly of Miss Swartz—“Hottentot” was the British word that referred to the Khoekhoe people of South Africa, and it eventually became a generalized racial slur for nonwhite people. George is clearly a morally dubious character, and it’s possible his racism (which seems particularly out of proportion given how little Miss Swartz has actually said or done in this chapter) is meant to be yet another flaw like his gambling or his alcoholism. Still, this chapter seems to portray George as being in the right and Mr. Osborne as being greedy, suggesting that even if Thackeray is satirizing George’s racism, he doesn’t necessarily judge it as harshly as a modern reader might.