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MERITS OF CELT AND KING JAMES. If King James and Celt meet in the Brooklyn Handicap at Gravesend here will lie plenty of action, as it is conceded that thev are the best ban dicap horses in America today. Hildreth thinks that King Jinnes will take Celts measure under w ha lever conditions they may race, but the dockers at she Bay say that Celt is as great a race horse as Colin and will prove invin -ible.