"Are you ready?" Doble asked of the two men in the saddles. His brother said, "Let 'er go!" Sanders nodded. The revolver barked. Chiquito was off like a flash of light, found its stride instantly. The training of a cowpony makes for alertness, for immediate response. Before it had covered seventy-five yards the pinto was three lengths to the good. Dave, flying toward the halfway post, heard his friend Hart's triumphant "Yip yip yippy yip!" coming to him on the wind. He leaned forward, patting his horse on the shoulder, murmuring words of encouragement into its ear. But he knew, without turning round, that the racer galloping at his heels was drawing closer. Its long shadow thrown in front of it by the westering sun, reached to Dave's stirrups, crept to Chiquito's head, moved farther toward the other shadow plunging wildly eastward. Foot by foot the distance between the horses lessened to two lengths, to one, to half a length. The ugly head of the racer came abreast of the cowpuncher. With sickening certainty the range-rider knew that his Chiquito was doing the best that was in it. Whiskey Bill was a faster horse. Simultaneously he became aware of two things. The bay was no longer gaining. The halfway mark was just ahead. The cowpuncher knew exactly how to make the turn with the least possible loss of speed and ground. Too often, in headlong pursuit of a wild hill steer, he had whirled as on a dollar, to leave him any doubt now. Scarce slackening speed, he swept the pinto round the clump of mesquite and was off for home. Dave was halfway back before he was sure that the thud of Whiskey Bill's hoofs was almost at his heels. He called on the cowpony for a last spurt. The plucky little horse answered the call, gathered itself for the home stretch, for a moment held its advantage. Again Bob Hart's yell drifted to Sanders. Then he knew that the bay was running side by side with Chiquito, was slowly creeping to the front. The two horses raced down the stretch together, Whiskey Bill half a length in the lead and gaining at every stride. Daylight showed between them when they crossed the line. Chiquito had been outrun by a speedier horse. CHAPTER III DAVE RIDES ON HIS SPURS Hart came up to his friend grinning. "Well, you old horn-toad, we got no kick comin'. Chiquito run a mighty pretty race. Only trouble was his laigs wasn't long enough." The owner of the pony nodded, a lump in his throat. He was not thinking about his thirty-five dollars, but about the futile race into which he had allowed his little beauty to be trapped. Dave would not be twenty-one till coming grass, and it still hurt his boyish pride to think that his favorite had been beaten. Another lank range-rider drifted up. "Same here, Dave. I'll kiss my twenty bucks good-bye cheerful. You 'n' the li'l hoss run the best race, at that. Chiquito started like a bullet out of a gun, and say, boys! how he did swing round on the turn."