There was time, if they hurried, to reach the hillside at the back of the intervening dip, full of pitfalls, and gain a place of vantage to witness what they might of the finish. Kilgour, who knew the country blindfold, pushed on ahead, guiding them; and the rest trusted to his instinct. He unlatched a gate, flinging it wide for the others to scramble through, cut along close under the branching side of a spinney, forded a water-course, and spun up a cart track; emerging suddenly on the side of the hill. Behind him pressed a clattering, jolting troop, that stopped dead as he threw up his arm and listened.

The riders had to make a circuit, but they should be near. What was the meaning of this long pause? of the utter silence? For the first time the women betrayed a nervous thrill that was not pure excitement. The waiting dashed their spirits. They tried to laugh, and their laughter sounded strange.

"There's bound to be some misfortune," muttered someone, as a night bird croaked in the trees. And above the hush a woman's voice pealed, hysterical, calling on heaven to witness that she had dissuaded Billy——

"Hush!"

The men who were judging talked in whispers as they sat quietly on their horses, motionless, save for an occasional jingling bit, under the clump of firs that was the winning-post. Their ears were on the alert, but all the queer noises of the night were treacherously alike, and that might be nothing but running water that seemed a distant galloping. One man looked at his watch.

"They're due," he said. "Bar accidents. Can't you hear 'em?"

Then at last, clear in the distance, the gallop came.

Far in that mysterious valley the lanterns twinkled, making the darkness visible. Where the lights glimmered there was danger.

"D'you see that?" said Kilgour in the ear of his neighbour. A spark dipped suddenly.—"One man down."

At the next jump another light went out.