After More Added Money: Blue Grass Breeders Would Have Racing Clubs Increase Stakes and Purses, Daily Racing Form, 1913-02-02

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] b p, u ,, h n ■ n tl ;1 a h u s p i if 1 e I M r t li 1 Ii a a t 1 l t e r I " 1 • t I C t s 1 1 •; j 1 AFTER MORE ADDED MONEY BLUE GRASS BREEDERS WOULD HAVE RACING CLUBS INCREASE STAKES AND PURSES. Chairman Milton Young Calls Kentucky State Racing Commission Meeting for Next Thursday to Consider Petition on Subject. Lexington. Ky.. February I. Fred A. Foraytbe, owner of the leiintaiiibluc Stud of thoroughbred horses, came to Lexington from bis farm mar Hai • rodsburg this week for the purpose of discussing with Chairman Milton Young of the Kentucky State Racing 1 onimi--ion. a plan that he has formed to the end that horsemen may get more money from the licensed lining asseetations in the form of added money to stak"s and pur ate, but Colonel Young, who has been ill for several days, was not. able to receive him. Mr. Koisvihe thinks that th« horsemen are net getting a just proportion of the money the public pays for Hie -port of racing, anil says that h" has made up his mind to do all in his power to more nearly equalise Ihe distribution, even he has to make a race for the legislature as representative from Mercer County in order to accomplish his purpose. He advances the idea thai. the racing associations should be allowed to take a net profit of only ten per cent, after allowing a reasonable amount for salaries and the upkeep of the plant .ami that ihe balance should go to the horsemen in the form of added money. "T am going to ask the Kentucky Stale Racing Commission to h.-ve the associations make to thai body a statement of their earnings to show their iKioks -with the idea that the commission will pass rub- limiting he "take" and exercising its right to demand a larger proportion for stakes and parses," he said. "If the commission will not 1111 dertake to do this, then I am going to ask the General Assembly of the slate to pass an auiend-tmiit to the act by which the comiuission was created that will compel them to see that the track; get no more than ten per cent, profit." Chairman Milton Young this afternoon Instructed] Secretary Ielham Johnston to call a meeting of the Kentucky siate Racing Commission to be held bore at Bona February O. on Thursday next, and at tin; name tune he gave the following slateiuent to the pre-s: "A great number of breeders, owners and tram ers have requested me- to call a meeting of tin- Ken tacky State Racing Commission at an early date to consider a petition which they desire to make to ihe commission, to require the various racing asso tot ions to add more money to their stakes an 1 purses, this in view of the successful meetings held by them last year ami of the fact that it is now apparent Hun there will be 110 racing iu New York thi- year and the meetings here will Is- equally as successful as those of last year. The rules also provide for a meeting of the commission as soon as possible after the tirst day of February of each year to pass on the applications of the associations for racing licenses for that year." Chairman Young did not sax -• . but it is presumed thai the spring dates will be allotted at the same meeting. Borne of the horsemen in this part of the state are disposed to criticise the conditions for Ihe New Louisville Jockey Clubs spring Stakes, a- naueemced recently. The Kentucky Oaks, for in stance, was until this year a guaranteed event worth Sl.ihmi to the winner. Its value is now announced as ,000 added.


Persistent Link: https://drf.uky.edu/catalog/1910s/drf1913020201/drf1913020201_1_7
Local Identifier: drf1913020201_1_7
Library of Congress Record: https://lccn.loc.gov/unk82075800