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TURF MAGNATES EXPECTING BETTER TIMES. cw York October 6. "Why are the tracks still miming at a heavy financial loss?" asked a regular Ui other day. whereupon a well-posted individual iude this response: "Because they hope for better things in the I ituiv The turf magnates fool sure that the present law will be knocked out in due time, after the inunv cases now pending in the courts have been iKCidert. They feel confident that there will be a general lack of evidence when alleged bookmakers are brought to trial, and in that way it will be lemonstrated that credit betting is not illegal. Thev also think that in time it will be decided that roiiit wagers can be recorded and in that way there will be a chance to do business next year on a Kreatl.v reduced scale. If the turf magnates did not sw their way clear for future racing they would imo i-iosed up their gates as soon as the present Saw went into effect."
