Difference With Partner: Responsible for Retirement of Price McKinney from Turf.; Disagreed with J. W. Corrigan Over Propriety of Wagering Heavily on Stable Horses., Daily Racing Form, 1918-08-02


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DIFFERENCE WITH PARTNER Responsible for Retirement of ofPrice Price McKinney from Turf Disagreed with J W Corrigan CorriganOver Over Propriety of Wagering WageringHeavily Heavily on Stable Horses By J IS Jeff cry cryXcw Xcw York August 1 The sudden retirement of 1rke McKinney from the breeding and racing of thoroughbreds during the progress of the Saratoga meeting last year aroused no end of speculative comment at the time and has remained one of the mysteries of the turf ever since Xo satisfying ex ¬ planation having been vouchsafed either by Mr Mc Khmcy or his partner in the racing and breeding venture that brought these two Cleveland capitalists into such prominence on the American turf a few years ago agoXow Xow it is learned on good authority that Mr Mc Kinneys unexpected retirement grew out of a dif ¬ ference of opinion with his partner over the pro ¬ priety and advisability of wagering heavily upon the horses running in the colors of the Wickliffe Stable which was the iiom de course under which Messrs Corrigan McKinney raced the horses which they bred at Wickliffe Stud in Kentucky Mr McKinney who took the initiative in the purchase of breeding titock and other details incidental to the organiza ¬ tion of the Wickliffe Stud found it pleasurable ito make a modest wager on his own and other liorses now and then as a sporting proposition but was not what is known as a betting owner He never made a plunging bet either on the Wickliffe Stable horses or any others during the considerable period that he was prominent on the turf turfHis His young partner however temperamentally dif ¬ ferent saw no objection to helping out on the heavy expense of maintaining the stable by substantial wagers when conditions warranted it With the oiKMiing of the Saratoga meeting last year Mr Cor rigaii became quite active and speedily acquired a reputation as a plunger among the men who lay the odds It is asserted that when news of his part tiers betting operations came to Mr McKinueys attention he lost 110 time in coninnicating with him from his home in Cleveland and expressing his dis ¬ approval approvalMR MR CORRIGAN GOES ALONE AND OUT OUTThe The upshot of it all was according to report that Mr McKinuey gave his partner the choice of buying or selling the racing and breeding stock and Mr Corrigan decided to buy It is a matter of his ¬ tory that after Mr Corrigan became the sole pro ¬ prietor of the Wickliffe Stable the layers of odds were hard hit by him in several betting transactions on his horses 15ut after retiring his horses for the season Mr Corrigau suddenly decided to retire from the turf both as a breeder and racing man So his stud and racing stock was auctioned off at Lexington during the winter with highly satisfactory resnlts It is presumed that the enormous expense of conducting the Wickliffe Stud and maintaining the big racing establishment was more than Mr Corrigan felt justified in attempting to shoulder by himself though he is amply able to do so A quarter of a million dollars is named as the annual expense involved involvedIt It was intimated shortly after the announcement of Mr McKinueys retirement that he would at some future time return to the turf both as a breeder and racing owner Xo recruit to the turf in recent years displayed keener enthusiasm and in ¬ terest in breeding and racing than Mr McKinney ami it was not long after his entry upon the turf before he was complimented by election as a mem ¬ ber of that most exclusive of organizations the Jockey Club Mr Corrigan likewise let it be known when arranging for the dispersal of the Wickliffe Stud that it was his intention to return to the turf when wartime conditions no longer existed So the chances are that eventually both of the former pro ¬ prietors of the Wickliffe Stud will again figure in the annuls of the American turf

Persistent Link: https://drf.uky.edu/catalog/1910s/drf1918080201/drf1918080201_1_2
Local Identifier: drf1918080201_1_2
Library of Congress Record: https://lccn.loc.gov/unk82075800