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For the first time in her life Lady Clare felt a cold shiver of fear run through her. There was, happily, a fence between them, and she devoutly hoped that Valders-Roan was not a jumper. At that moment, however, two men appeared next to the huge horse, and Lady Clare heard the sound of breaking fence-rails.

That was John Garvestad, the owner of Valders-Roan. John was the richest man in the parish, and always made a point of keeping fine horses. Valders-Roan, a heavily built, powerful horse, with a tremendous neck and chest and long tassels on his fetlocks, but rather squat in the legs, had hitherto held undisputed rank as the finest horse in all Sogn.

"I have stood your insolence long enough, and, by jingo, I won't stand it much longer. What will ye take for your mare, I say, or how much do you want to boot, if you trade her for Valders-Roan?" He shouted the last words with furious emphasis, holding his clinched fist up toward Erik, and glaring at him savagely.

The deep hoarse whinny once more made the air shake, and it made poor Lady Clare shake too, for now she saw Valders-Roan come like a whirlwind over the field, and so powerful were his hoof-beats that a clod of earth which had stuck to one of his shoes shot like a bullet through the air.

Erik had no need of being told that the horse which had attacked Lady Clare was Valders-Roan; and though he would scarcely have been able to prove it, he felt positive that John Garvestad had arranged and probably watched the fight. Having a wholesome dread of jail, he had not dared to steal Lady Clare; but he had chosen this contemptible method to satisfy his senseless jealousy.

Shag, of course, did as nearly as he could exactly the same. What they saw was a big roan horse with an enormous arched neck, squat feet, and long-tasselled fetlocks. Lady Clare had no difficulty in recognizing Valders-Roan. But how big and heavy and ominous he looked in the blood-red after-glow of the blood-red sunset.

Valders-Roan, irritated by this uncalled-for action, now threw ceremony to the winds, and without further ado trotted up and rubbed his nose against hers. That was more than Lady Clare could stand. With an hysterical snort she flung herself about, and up flew her heels straight into the offending nose, inflicting considerable damage.

He was an intensely vain man; and the thought that Erik Carstens had a finer horse than Valders-Roan left him no peace. He had been heard to say repeatedly that, if that high-nosed youth persisted in his refusal to sell the mare, he would discover his mistake when, perhaps, it would be too late to have it remedied. Whatever that meant, it sufficed to make both Erik and his father uneasy.

Valders-Roan had now a clear field and could turn his undivided attention to Lady Clare. I am not sure that he had not made an example of Shag merely to frighten her. Bounding forward with his mighty chest expanded and the blood dripping from his nostrils, he struck out with a tremendous hind leg and would have returned Lady Clare's blow with interest if she had not leaped high into the air.

John Garvestad had himself watched the fight from behind the fence, and had laughed fit to split his sides, until Valders-Roan seemed on the point of being worsted. Then he had interfered to separate them, and Tollef had led Lady Clare away, bleeding from a dozen wounds, and had hidden her in a deserted lumberman's shed near the saeter where the searchers had overtaken him.