This magazine is in receipt of a transcript of a most unusual conversation that took place this week between Tim Tam and Jewel's Reward, a pair of 3-year-old Thoroughbreds who are expected to uphold the honor of the East against Silky Sullivan, the pride and sensation of the West, in the Kentucky Derby on May 3. The conversation took place in the early morning at Hialeah Park in Florida and was overheard by a stable pony who reported it to SPORTS ILLUSTRATED. Tim Tam and Jewel's Reward were in a little knot of horses near the entrance to the track, waiting their turn to take their regular morning exercise. An exercise boy atop one of the horses verified important parts of this conversation, which proves, incidentally, that Silky Sullivan is the most talked-of horse of the decade, even among horses who are notoriously close-mouthed. The boy's name and that of the pony are being withheld for obvious reasons. Tim Tam will be identified as T.T. and Jewel's Reward as J.R.
T.T.: Oh, it's you.
J.R.: Yes, it is I.
T.T.: Have you been reading about that show Sullivan put on?
J.R.: I'm never up when Ed's show is on.
T.T.: I don't mean Ed Sullivan. I mean Silky Sullivan.
J.R.: That's a horse on me.
T.T.: You're sure feeling your oats, Jewelie Boy, but let me tell you it'll be a horse of another color when we have to run against him in the Florida Derby.
J.R.: O.K., O.K., simmer down, Tim, I can read and I see by The Morning Telegraph that Silky Sullivan isn't going to come east for the Florida Derby after all. We don't have to worry about him until the Kentucky Derby.
T.T.: Are you sure, Jewelie?