E. Cobham Brewer 18101897. Dictionary of Phrase and Fable. 1898.
Hold.
(Anglo-Saxon, heald-an, to hold.)
1
He is not fit to hold the candle to him. He is very inferior. The allusion is to link-boys who held candles in theatres and other places of night amusement.
2
Others say that Mr. Handel
To Bonocini cant hold a candle.
Swift.
To cry hold. Stop. The allusion is to the old military tournaments; when the umpires wished to stop the contest they cried out Hold!
3
Lay on Macduff,
And damnd be him that first cries, Hold, enough!