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GOSSIP OF THE TURF. Word comes from Nashville that Savable, the Futurity winner, will be declared out of Tennessees most important event, the Tennessee Derby, that is decided at Memphis each spring. ThiB race is mere valuable than Kentuckys most important event, the Kentucky Derby, and is more of a championship race, as there are no penalties or allowances in the Tennessee Derby, and this spring it will be worth about ,000 to the winner. To win this Tennessee event would make Savable carry 127 pounds in the American Derby. Of course, Mr. Drake, being a Chicago man, would rather win the Chicago event, even if worth less, than the Tennessee Derby. Many good ones that were eligible to this race have been declared out of it January 1, to be reserved for more valuable events, yet no truer test is there than this same Tennessee Derby that is made for the best a gift to a real champion. But all the owners of promising coming throe-year-olds stem to have their heart set on winning the American Derby. Of course it is worth a good deal more than the Memphis event, but it may not be so easy to win. There is an idea among some of tho trainers that horses prepared for these early events are injured, and are not good horses later on. Yet the past does not prove this to bs a fact. The great horse McChesney will probably be seen in the east next year. H. M. Tichenor, the wealthy Chicago horse fancier and owner, has offered Dur-nell and Herz 0,000 for the horse. It is the intention of Mr. Tichenor to enter McChesney in the Metropolitan, Brooklyn and Suburban Hatidicape. As Durnell, ruled off in France, is debarred from the Jockey Club tracks, McChesney cannot race there unless the property of another owner a fact which is tending to facilitate the consummation of the sale, t Should the Chicago millionaire secure the great horse he will also be a ready party to a special match between McChesney and Hermis on one of the metropolitan tracks. Carrying 128 pounds he ran the first eighth of the mile of the Christmas Handicap in 11 seconds.