It is Only natural that everyone should pick on Bagshot as the winner as his performance on the flat during last year puts him head and shoulders above the others, But there is one snag—and when one comes to think of it, a great one too—and that is that he has never been over a steeplechase course before, It will be some consolation to the other entrants to realize that he is quite capable of balking at any one of the obstacles as he has done so several times on the hunting field. His refusal in a certain hunt, if I remember correctly, cost him a win, However, should he not start, the race will be very open indeed as the rest of the field appears to be evenly matched,
Text read from the printed page and cleaned; old type leaves the occasional error.