A long, easy canter or gallop. The word, as a verb, is old; and Mr. Neal’s derivation (1825) will not bear examination.

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1825.  His [the Indian’s] common pace, when he had any object in view, was a kind of loose, long, lazy trot—like that of the wolf, through a light snow. Wherefore, it is called, in America the Indian “loup.”—John Neal, ‘Brother Jonathan,’ ii. 5.

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1833.  On he [the buck] came at an easy lope, until he reached the top of a little knoll about sixty yards from me.—James Hall, ‘The Harpe’s Head,’ p. 38 (Phila.). (Italics in the original.)

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1825.  “Ride him off, Neddy!” said Peter. Kit put off at a handsome lope.—A. B. Longstreet, ‘Georgia Scenes,’ p. 25.

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1848.  Away for the Capitol—at what in Indiana we call a long lope—not in full dress, by any means. Were a stranger to meet one of us on the way, he would take him for a messenger despatched for a physician or midwife, or an errand-boy just escaped from contact with the toe of his employer’s boot. Such is the life of a Member of Congress now, compared with that of our predecessors of forty or fifty years ago.—Mr. Wick of Indiana, House of Repr., Aug. 7: Cong. Globe, p. 1117, App.

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1849.  [They are] accustomed only to the natural gait of the wild horse, the gallop or lope as it is here called.—Theodore T. Johnson, ‘Sights in the Gold Region,’ p. 144 (N.Y.).

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1850.  Starting at a canter, or “lope,” we dashed forward.—James L. Tyson, ‘Diary in California,’ p. 65 (N.Y.).

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1869.  The Western man always rides at a lope.—A. K. McClure, ‘Rocky Mountains,’ p. 302.
  [For fuller citation see CAYUSE.]

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