Read it through once

He came nearer and heard a crunching of gilded oats, the gently champing teeth. Their full buck eyes regarded him as he went by, amid the sweet oaten reek of horsepiss. Their Eldorado. Poor jugginses! Damn all they know or care about anything with their long noses stuck in nosebags. Too full for words. Still they get their feed all right and their doss. Gelded too: a stump of black guttapercha wagging limp between their haunches. Might be happy all the same that way. Good poor brutes they look. Still their neigh can be very irritating.