The slothful man saith, There is a lion without, I shall be slain in the streets.

The slothful (man) saith, (Their is) a lion without - inventing imaginary dangers to excuse his indolence in staying at home, instead of going forth into active business.

In the streets - indicating the silliness of his excuse. Lions do not roam at large "in the streets," but in wild forests.

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