The poem was one of Paterson's favourites, and its theme of a jockey's premonition of death is unusual for the poet.[2]
Plot summary
Jack Macpherson, the only jockey with the ability and "hands to hold/The rushing Rio Grande", sits in the stands and retells the story of his dream. He dreamt that he was surrounded before the race by horses and riders, all dead, who told him how to ride Rio Grande that day. But the race was to end in tragedy with horse and rider both dying.