Выражение встречается в песне Битлз "Two of Us":
You and me chasing paper, getting nowhere on our way back home.

Заранее спасибо.

Теперь бы узнать, что это за "заяц и собаки" такая... :)

Although the rules governing hare and hound racing could be applied to any part of the country, this type of competition is most popular in the deserts of the Southwestern United States. As a result, hare and hound events are often referred to as desert races.

In a hare and hound event, riders race over a natural terrain course at least 40 miles long. Like enduros, riders pass through a series of checkpoints, but this is an all-out race without a time schedule to maintain. The checkpoints are used simply to verify that the riders have stayed on the prescribed course, which is traversed only once.

Many local events are conducted throughout the country and each year champions are crowned in the AMA National Hare and Hound Series.
http://www.geocities.com/Colosseum/Track/8324/ дает кучу любопытных ссылок:
Hare and Hounds reference in Charles Dickens' David Copperfield (1850).
Hare and Hounds reference in Charles Dickens' "Christmas Stories" (1853).
Hare and Hounds run from Tom Brown's Schooldays (1857), by Thomas Hughes.
"Paperchases" from Sporting Gazette. (1871)
Hare and Hounds reference in William Blaikie's "Ten Years Among the Rowing Men." (1873)
Rules and Bye-Laws of the Thames Hare and Hounds Club (1874)
From Andrew M. F. Davis' "College Athletics." (1883)
From William Dewitt Hyde's "His College Life." (1896)
From Samuel Butler's The Way of All Flesh. (1903)
A passage from Harold Wade's "Cross-Country Running" (1911)
From Theodore Roosevelt's Letters to his Children. (1919) Added 4 Feb 2002
Excerpts from "Pa" Jackson's Sporting Days and Sporting Ways, Hurst & Blacket, London (1932)
Hare and Hounds reference in The Pastures of Heaven (1932), by John Steinbeck.