"Just as revealing is the famous dialogue between the divine hound Saramå, Indra’s intransigent emissary, and the Panis, after she has discovered their faraway den, where they jealously hoard their “treasures”. Saramå boldly declares Indra’s intention to seize those treasures, but the Panis are unimpressed and threaten to fight back; they taunt her: “O Saramå, see the treasure deep in the mountain, it is replete with cows and horses and treasures (gobhir a‹vebhir vasubhir). The Panis guard it watchfully. You have come in vain to a rich dwelling” (1.108.7). Every verse makes it clear that all these treasures – “horses” included – belong to the Panis."
January 1, 1970
https://en.wikiquote.org/wiki/Mandala_10