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TOD SLOANS IDEA OF IT. "I have just met Toil Sloan in company with the man who first brought him into public notice, Cbarlee Frank HanlOa of San Francisco. We in Pari* hare often looked on with wonder and admiration at Sloans riding, ami we had to admit he could get More speed out of a hone than anv other locker of his time. "Bpeaklag of Hie racing troubles in America Sloan says that the adoption of the French svstein of betting WOUld solve the problem. We do not allow iMNik betting. Bookmakers would starve in France our system is known as the pari inntuel and is con-tro lied hy the state. The man wishing to bet bins a ticket, or as many tickets as he pleases, at a price varying from one dollar lo twentv dollars. I he ticket is numbered and is either ou the winner or for place. "The system works with the mathematical honesty ot a machine. Fire per cent, is deducted for race course expenses and three ]s-r cent for tin- poor. Sloan savs if the French machine svstein of betting were adopted and four dollars charged for entrance American racing would he the best In the world "— rant correspondence.