The prize in this contest was to be a handsome telescope repeating rifle, and the rivalry for it was keen. The battle would be a stern one, and it was a foregone conclusion that the best horse would win.

Stacy Brown had not leaned far enough in at the turn, his saddle girth slipping a little as a result. He felt the saddle give a little beneath him, but did not realize what had happened until the pony had straightened away on the home stretch. The saddle then slipped still further under the weight of the rider.

Stacy threw almost the whole force of his weight on the right stirrup to offset the list of the saddle on the other side, where the stirrup had gone down too far for him to reach. And the first hurdle found the lad clinging desperately to the pony's mane with one hand, the jolt of the jump nearly dislocating his neck as the animal took it.

The youthful rider, finding himself safely over, uttered a series of shrill yells and began urging on the pony with quick, short encouraging blows of the quirt, though the blows were not heavy enough to hurt the tough little beast at all. It was used to much more serious treatment.

Somehow the animal seemed bent on doing its best, though the more it strove to reach the goal, the greater was the fat boy's torture.

Stacy Brown's grit was aroused. He seemed to have come into his own at last.

"They laughed at me," he muttered. "I'll show them that Chunky Brown isn't a tenderfoot. Even if I don't win the race, there will be some others who will finish after I get through." He was reasonably certain of this from his present position. "But I hope I don't fall in," he grinned.

By this time the dust caused by their first trip over the course, had settled so that the spectators were enabled to get a view of the last quarter of the race. And they all admitted, without exception, that it was a real race that they were watching.

Over the last hurdle went two ponies in beautiful curving leaps, ahead of all the others. With their cowboy riders they took the obstruction neck and neck. A full length behind them rode Stacy with the rest of the field strung out to his rear.

The spectators were able to identify the black now from their point of vantage, and Stacy could hear their cheers, though unaware that these were for him. Tad Butler, second to him in the race, was getting every ounce of speed from his pony that the animal possessed. Yet instead of feeling chagrin over the fact that his companion was out-footing him, Tad was elated.