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PROGRESS AT HOT SPRINGS. Movement for Revival of Racing at Arkansas Resort Likely to Be Successful. Hot Springs. Ark.. February S. It was announced today by those who have been active in the movement to revive racing as one of the attractions at this resort that arrangements are progressing satis factorily for the twenty-one days meeting which P is proposed to conduct at the Oaklawn track, beginning on March 17. A week or so ago a delega tion of Hot Springs business men waited on Louis A. Cella in St. Louis. He is the principal owner of Oaklawn, one of the most elaborate of American rade " courses. Mr. Cella agreed to let the Hot Springs folks run a spring and fall meeting after they assured him that they would be able to operate and that at the next session of the Legislature they would go to the front and try and have a racing bill passed. Mr. Cellas only proviso was that 0. 000 be raised and placed in the bank to guarantee payment of all bills should the spring meeting be run at a loss. Some Sl.i.OOO has been raised and Mr. Cella was informed by long-distance telephone yesterdav that the committee was some ,000 under his figure and that it doubted if it could raise any additional money. A. K. Gaines, of Euglewood, X. J., president of the Arlington and Eastman Hotel Companies, was the biggest contributor. Ilis donation was ,500. The committee asked Mr. Cella if he would accept ::,000 for a twenty-one days meeting instead of a proposed thirty days meeting. He stated he would make known his answer yesterday, and last night it was seiui-ollicially announced that the St. Louis turfman had accepted the proposition and the the twenty-one days meeting would go on, starting on March 17. John Hachmeister, general manager of the La-tonia and Douglas Park tracks, is expected to be placed in charge of the Spas meeting.