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RACING GOSSIP The Now York trotting horse people are seek ¬ ing a less insane and more American betting system than that which came out of the loins of the PercyGray law The French totalizer is as much better than the English system as American bookmaking is superior to the French method methodAmerican American racing people of all grades had bet ¬ ter go to first principles and cease the long and losing effort of whipping the devil around the stump A Scotch verdicc never put the stamp of innocence on a criminal who was lucky enough to worry out of the legal net by its jimmy of non proof proofIf If investments on high class racing events dubbed betting for convenience sake is gambling nearly every avenue of business traveled by men who win or lose on the rise and fall of prices is the same sort of a thoroughfare Tl e subterfuge of on the nod betting its far more open than the on thenodism inthe land of its birth England the French Mutuels by which the government profits are no less specu ¬ lation than the buying of commodities for turning over at a profit purposes and loss speculative than the speculation of stock buy ¬ ing for the same end Turf investments are less speculative as contracted with stocks because there is less cheating in the arrancement of the pins at the end of the financial alley to be knocked down by the balls of investment Tech ¬ nicality never made an honest man or an honest woman It is to humanity what whitewash would be to a drawing room All this bears on the cheap and alleged move ¬ ment to substantiate the mutual for the book making system in the OhioKentucky racing field of 1897 Theres less publicity about mut ¬ ual betting and just the same or more oppor ¬ tunity for the small percentage of turf dishon ¬ esty Tho public way and the definite way is the best way for men who are at work in an honest way That way is the present way the way of odds on the board The winners always there if one can pick it and one knows what ones doing and can calculate on the result With the Mutual system certainty of realization is not possible With the nod system the percentage is too strong for any public to exist The public by the way pays the racing piper It should choose the musical programme of that piper b cause of its payment paymentBroadly Broadly of course the turf publics fat of wit and unsteady But it pays and for that reason alouo deserves consideration The Mutual sys ¬ tem be friccasseed Its a susterfuge set the turf organ going face its music and dance to the tune demanded by the rank and file which attends racing concerts Thats book making with public and definite odda The effort of all turfmen might rather be centered on the refinement of speculation the classing of tracks and horses by legislative action and the sharp and broad discipline of intelligence that always enforces honesty smothers scandal and commands respect
