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! SUGGESTED RESTRICTION OF BETTING. It is understood that a special meeting of the stewards of the Jockey Club will be called in a few days to discuss a plan by which betting on the race tracks will be reduced to a minimum and by which young men or irresponsible persons will not l e able to speculate at all. While nobody in authority would discuss the matter yesterday, it was said that it might be decided to have all speculation iu future reduced to a credit basis, so that only persons financially able to bet on horses would l e in a position to do business with the layers. It was hinted that if it became necessary the turf governors would see to it that no money passed between players and layers at the tracks and that all obligations one way or the other would be settled at some other place. A well posted man said: "It will not surprise me at all if we find a complete revolution in the betting methods when Aqueduct opens. It is possible that bookmakers slates and stools will be done away with and the Kuglish system of doing business substituted. I am informed on n liable authority that matters will be so arranged that no mail cau make a bet on a horse race uulcss he is known by a bookmaker who is convinced that he is financially respousible. Furthermore it will be impossible for the one and two dollar bettors to do business, for it may turn out that layers will not receive less than a wager, while bids of more than 0 or 00 will be prohibited. It may come dowu to a case of being able to establish credit with a bookmaker before a speculator can place a wager of auy sort, in which event the business in the betting ring will fall off at least more than oncdialf in volume, while the small bettors will be prrfcticully wiped out. "I do not know exactly how such a state of affairs will be brought about, but you can feel sure that reforms of a sweeping nature will be instituted, so that the betting evil, so-called, will be regulated with more care than ever before. Furthermore, it may be cccepted as a fact that the Jockey Club will continue its tight against the poolrooms with iucreased vigor, so that for at least seven months, while the tracks are open, there will be less speculation thau at any previous time in the history of the turf. In that way the Jockey Club will practically aid the opponents of race track speculation in suppressing the alleged evil as much as possible* lu England there is never any trouble aipoitf. bettiug. for it is conducted 011 conservative lines and is always kept well under -control. There is more credit betting over there than in auy other country where racing is carried on." — New York Sun.
