"Because I made a blunder, my dear Watson—which is, I am afraid, a more common occurrence than anyone would think who only knew me through your memoirs. The fact is, that I could not believe it possible that the most remarkable horse in England could long remain concealed, especially in so sparsely inhabited a place as the north of Dartmoor. From hour to hour yesterday I expected to hear that he had been found, and that his abductor was the murderer of John Straker. When, however, another morning had come and I found that, beyond the arrest of young Fitzroy Simpson, nothing had been done, I felt that it was time for me to take action. Yet in some ways I feel that yesterday has not been wasted."
"HOLMES GAVE ME A SKETCH OF THE EVENTS."
"You have formed a theory then?"
"At least I have a grip of the essential facts of the case. I