"We shall try the colt at daybreak," he said. "Would you like to come and have a look, Mr. Harry? I daresay there will be one or two people about, but I don't think they'll learn much. I've got a plan of my own on foot, and after to-morrow I shouldn't be surprised if you found the colt going a little queerly in the betting."

Raffle chuckled as he spoke, but refused to be more explicit.

"Oh, never you mind, sir," he said. "There are some things it is as well not to talk about. If you like to turn out to-morrow as soon as it is light, I think I can show you something worth looking at."

Fielden nodded approvingly. He woke fairly early with the pale dull light of the wintry morning streaming through his window, crept downstairs into the deserted hall and let himself out by a side door. The grey mist hanging over the Downs lifted as the sun began to make his influence felt. A little later Fielden discerned a group of figures faintly sketched against the skyline, and could see two horses in their clothing. Then he picked out the form of Joe Raffle. There was a stretch of turf between two banks of gorse, and the horses began to move along the flat expanse. Fielden strolled up to the group, and was amused to see the suspicious glances turned in his direction.

"That's all right, Mr. Mallow," Raffle muttered. "This gentleman is a friend of mine. Now, sir, will you go on to the top of the Downs and wait for us by the boundary stone? That will be the winning post. No reason, I suppose, to ask you if you know which is the colt and which is the old horse. That's pretty plain even in this light."

"That's right enough," Fielden smiled.

He walked rapidly towards the improvised winning-post, unslung his glasses and fixed them steadily upon the little specks in the distance. Presently they made a move in his direction and grew larger as they came along. Fielden could hear the thud of hoofs upon the turf. Then they flashed by him, the old horse lengths ahead. It came as a surprise to the watcher, for he had expected an entirely different result. What was Mallow doing? What scheme had that wily man in his brain? Fielden stepped aside into the gorse, so as to be out of the wind which had already extinguished two matches he had used in his attempt to light a cigarette. As he stooped, he heard voices from somewhere close by. The voices carried clear enough in the silence of the spot, and Fielden could hear every word. With an instinct of caution which he could not have explained he crouched down behind the thick shelter of a bush.

He thought he had recognized one of the voices and now he felt sure of it. It was Raymond Copley beyond a doubt. Who the other man was Fielden had not the slightest idea.

"Now what does that mean?" Copley was asking.

"What does it mean?" the other man exclaimed with a sneer. "Why, it is as plain as the nose on your face. I felt certain what was going to happen when I advised you to come here this morning. The boy told me there was going to be a trial, and I wanted you to see for yourself. You are always too sanguine in these matters, Copley, and that's a fact. Now what do you think of the chances of your friend Sir George's colt?"