Green’s Dictionary of Slang

mild bloater n.

a second-rate dandy.

[UK]Hotten Sl. Dict. 178: Weak young men who keep bull-dogs, and dress in a ‘loud’ stable style, from a belief that it is very becoming, are sometimes called mild bloaters.
[UK]Hotten Sl. Dict.
[UK]Farmer & Henley Sl. and Its Analogues.