1. Define Variables:
Let \( h \) be the number of horses.
Since the number of men is equal to the number of horses, the number of men is also \( h \).
2. Understand the Scenario:
Half of the owners (men) are riding their horses, and the other half are walking and leading their horses.
Riding owners: \( \frac{h}{2} \) men are on their horses. These men are not walking, so their legs are not on the ground.
Walking owners: \( \frac{h}{2} \) men are walking and leading their horses. Each walking man has 2 legs on the ground.
Horses: Each horse has 4 legs. All horses are walking, so their legs are on the ground.
3. Calculate the Total Number of Legs on the Ground:
Legs from walking men:
\[
\text{Legs from walking men} = \frac{h}{2} \times 2 = h
\]
Legs from horses:
\[
\text{Legs from horses} = h \times 4 = 4h
\]
Total legs on the ground:
\[
\text{Total legs} = \text{Legs from walking men} + \text{Legs from horses} = h + 4h = 5h
\]
4. Set Up the Equation:
The total number of legs on the ground is given as 70:
\[
5h = 70
\]
5. Solve for \( h \):
\[
h = \frac{70}{5} = 14
\]
Final Answer:
The number of horses is \boxed{14}.