If those hoss-thieves are watching us----" "I don't think they were horse-thieves, Todd." "You don't?
Then----" The cowboy broke off into a low whistle.

"Do you mean to say Link Merwell would play such a dirty trick ?" "Yes, I do.

You haven't any idea how that fellow hates me." "Hum!" mused Sid Todd.

"Well, maybe, but I thought it must be the hoss-thieves." "Why would horse-thieves want to hurt our horses ?" "They wouldn't want to do that, but they might be thinking our horses would fall and throw us.

But I see that reasoning is weak.