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BETTING TO BE REGULATED MANAGEMENT OF NEW ORLEANS MEETING MAKES IMPORTANT ANNOUNCEMENT. Individual Wagrerinff to Be Tolerated at Fair Grounds, but Only in Palm Garden and Paddock, Directors Decide. New Orleans, La., December 17. Individual betting, which is not a violation of the Locke or auy otlier law, will be tolerated during the forty-day race meeting at the Fair Grounds starting Jan. 1. All of the speculation is to be confined to the old betting ring, which has been transformed into a palm, garden, and the paddock. The directors have adopted a resolution discouraging betting, but realizing their lack of power to prevent individuals from making wagers, they propose to keep the speculative element clear of the grandstand, lawn and clubhouse by putting an extra fee upon those who wish to mingle where the so-called money element may hold forth. A .statement from the directors says the association wishes to make it clear that the meeting which it will conduct will be a sportsmans game pure anil simple, destined for the amusement of the lietter class of people, and that any Individual betting that may be done must be purely an incident to the great siiorting proposition. The directors have also decided to charge one dollar and fifty cents admission. This fee, together with the additional twenty-live cents for the palm garden or paddock, program, carfare, etc., will make the total cost of a days outing, .50, whlcu the directors lielieve is sufficiently high to keep the riff-raff outside the gates. "Little Mike" Daly, who rode dozens of winners over the City Park track ten years ago, when II. D. Brown brought in Ed Corrigan to start a turf war, has adyjsed the directors of the local meeting that he will ship six horses here from Washington, including Sordello, Fifty Five, Smiley. Between Us, Brush and B.nll.Dog. Lfforts will be made by vacing secretary McLel-lan immediately after his arrival from Charleston to put on a two-year-old race every day. There are any number of juveniles stabled at the track and horsemen are taking advantage of the starting gate sent here by A. B. Dade and are schooling their babies." More thoroughbreds have arrived. .W- C. Dubrocn came from Chicago with Ginky, Miss Kingsbury and Philopena, while Sam Earl- -sent ..The Hermit and Expatriate. H. B. Holmes, with Post Boy and Dry Dollar, arrived from McComb, Miss. The following press dispatch was sent out from New Orleans Wednesday: "When racing is resumed here next month the promoters will institute a new form of betting that will be permitted by the Louisiana authorities. There will be no attempt to restore the old bookmaking game, for the laivs against that kind of race track gambling still remain on the statute books. Oral betting will not be interfered with, however, and a way has been found to provide for wagers iu cash. The authorities have decided that a stakeholder who is not employed and paid by a layer of odds cannot be successfully prosecuted. Accordingly the new racing association will appoint numerous stakeholders, who will ixj paid by the track -owners. These- stakeholders will be .allowed to receive money wagered with layers, together with memoranda written by the bettors."