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pleased, for he chuckled and rubbed his hands together.

“A long shot, Watson; a very long shot,” said he, pinching my arm. “Gregory, let me recommend to your attention this singular epidemic among the sheep. Drive on, coachman!”

Colonel Ross still wore an expression which showed the poor opinion which he had formed of my companion’s ability, but I saw by the Inspector’s face that his attention had been keenly aroused.

“You consider that to be important?” he asked.

“Exceedingly so.”

“Is there any point to which you would wish to draw my attention?”

“To the curious incident of the dog in the night-time.”

“The dog did nothing in the night-time.”

“That was the curious incident,” remarked Sherlock Holmes.

Four days later Holmes and I were again in the train, bound for Winchester to see the race for the Wessex Cup. Colonel Ross met us by appointment outside the station, and we drove in his drag to the course beyond the town. His face was grave, and his manner was cold in the extreme.

“I have seen nothing of my horse,” said he.

“I suppose that you would know him when you saw him?” asked Holmes.

The Colonel was very angry. “I have been on the turf for twenty years, and never was asked such a question as that before,” said he. “A child would know Silver Blaze, with his white forehead and his mottled off-foreleg.”

“How is the betting?”

“Well, that is the curious part of it. You could have got fifteen to one yesterday, but the price has become shorter and shorter, until you can hardly get three to one now.”

“Hum!” said Holmes. “Somebody knows something, that is clear.”

As the drag drew up in the enclosure near the grand stand I glanced at the card to see the entries. It ran:—

Wessex Plate. 50 sovs each h ft with 1000 sovs added for four and five year olds. Second, ÂŁ300. Third, ÂŁ200. New course (one mile and five furlongs).
1. Mr. Heath Newton’s The Negro (red cap, cinnamon jacket).
2. Colonel Wardlaw’s Pugilist (pink cap, blue and black jacket).
3. Lord Backwater’s Desborough (yellow cap and sleeves).
4. Colonel Ross’s Silver Blaze (black cap, red jacket).
5. Duke of Balmoral’s Iris (yellow and black stripes).
6. Lord Singleford’s Rasper (purple cap, black sleeves).

“We scratched our other one, and put all hopes on your word,” said the Colonel. “Why, what is that? Silver Blaze favourite?”

“Five to four against Silver Blaze!” roared the ring. “Five to four against Silver Blaze! Five to fifteen against Desborough! Five to four on the field!”

“There are the numbers up,” I cried. “They are all six there.”

“All six there? Then my horse is running,” cried the Colonel in great agitation. “But I don’t see him. My colours have not passed.”

“Only five have passed. This must be he.”

As I spoke a powerful bay horse swept out from the weighing enclosure and cantered past us, bearing on its back the well-known black and red of the Colonel.

“That’s not my horse,” cried the owner. “That beast has not a white hair upon its body. What is this that you have done, Mr. Holmes?”

“Well, well, let us see how he gets on,” said my friend, imperturbably. For a few minutes he gazed through my field-glass. “Capital! An excellent start!” he cried suddenly. “There they are, coming round the curve!”

From our drag we had a superb view as they came up the straight. The six horses were so close together that a carpet could have covered them, but half way up the yellow of the Mapleton stable showed to the front. Before they reached us, however, Desborough’s bolt was shot, and the Colonel’s horse, coming away with a rush, passed the post a good six lengths before its rival, the Duke of Balmoral’s Iris making a bad third.

“It’s my race, anyhow,” gasped the Colonel, passing his hand over his eyes. “I confess that I can make neither head nor tail of it. Don’t you think that you have kept up your mystery long enough, Mr. Holmes?”

“Certainly, Colonel, you shall know everything. Let us all go round and have a look at the horse together. Here he is,” he continued, as we made our way into the weighing enclosure, where only owners and their friends find admittance. “You have only to wash his face and his leg in spirits of wine, and you will find that he is the same old Silver Blaze as ever.”

“You take my breath away!”

“I found him in the hands of a faker, and took the liberty of running him just as he was sent over.”

“My dear sir, you have done wonders. The horse looks very fit and well. It never went better in its life. I owe you a thousand apologies for having doubted your ability. You have done me a great service by recovering my horse. You would do me a greater still if you could lay your hands on the murderer of John Straker.”

“I have done so,” said Holmes quietly.

The Colonel and I stared at him in amazement. “You have got him! Where is he, then?”

“He is here.”

“Here! Where?”

“In my company at the present moment.”

The Colonel flushed angrily. “I quite recognise that I am under obligations to you, Mr. Holmes,” said he, “but I must regard what you have just said as either a very bad joke or an insult.”

Sherlock Holmes laughed. “I assure you that I have not associated you with the crime, Colonel,” said he. “The real murderer is standing immediately behind you.” He stepped past and laid his hand upon the glossy neck of the thoroughbred.

“The horse!” cried both the Colonel and myself.

“Yes, the horse. And it may lessen his guilt if I say that it was done in self-defence, and that John Straker was a man who was entirely unworthy of your confidence. But there goes the bell, and as I stand to win a little on this next race, I shall defer a lengthy explanation until a more fitting time.”

We had the corner of a Pullman car to ourselves that evening as we whirled back to London, and I fancy that the journey was a short one to Colonel Ross as well as to myself, as we listened to our companion’s narrative of the events which had occurred at the Dartmoor training-stables upon the Monday night, and the means by which he had unravelled them.

“I confess,” said he, “that any theories which I had formed from the newspaper reports were entirely erroneous. And yet there were indications

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