Canada Racing Reforms: Kentuckians Hear of Plans After Sports Revival in Dominion.; Race Track Profits to Be Reduced to Commercial Figure and Well Divided., Daily Racing Form, 1918-12-01

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CANADA RACING REFORMS Kentuckians Hear of Plans After Sports Revival in Dominion Eace Track Profits to Be Reduced Reducedto to Commercial Figure and andWell Well Divided Lorington Ky November 30 Kentuckians in ¬ terested in the preservation of the thoroughbred horse breeding industry and the sport of racing have heard with gratification that powerful in ¬ fluences are working in Canada for the reopening of the race tracks in the Dominion to the north of the Irited States on a basis such as will insure the elimination of the profit limiting promoters and guarantee permanency under the seal of popular approval approvalTiie Tiie bet ter race track owners are agreed that when racing automatically comes back six months after the war under the order in council which became effective August 1 1917 it cannot be under pre ¬ war conditions The owners of the older tracks I that is to say the stockholders in the long estab ¬ lished associations have discussed the situation at length and they have felt the public pulse during the fifteen months of sportless inaction and they are satisfied that the day of high profits is passed upon the turf in Canada and that preservation of the NjKrt lies in limited dividends six or eight per ent on a fair capitalization and short meetings for horses of the better class The stakes and purses must be more attractive overhead expenses normal a reasonable sinking fund for the future needs of the plant established and all the rest to go lo the Dominion government for public benefit THBEE CANADIAN AlfS AlfSThere There are three distinct line formations under three different plans now in process but all point ¬ ing the same way One plan is to take ten per oit from the parimutnels and give three per cent to the track owners four i er cent to stakes and purses and four per cent to the live stock asso ¬ ciations to be prorated This plan was fathered by Dr A Tolraie president of the Uolstein Breed ¬ ers Association and it is being urged by George IVpper of Toronto breeder of high junipers and a big man in the horse show world A number how vt r are raising objection to this plan on the fear that the live stock associations of which there an many in anada would fall out among themselves over the division divisionThe The second plan lias the backing of Judge Francis Nelson who now is working on the reconstruction if sports after the war His plan is to have a vovernment commission for the oi eratioti of the are track properties with the understanding that sill profits above operating and upkeep expenses and t sis l er ent annual dividend to stockholders be paid into the government to be used in lifting the war debt or otherwise after the war deht is lifted liftedThe The third movement which is declared to have the lucking of the Good Roads Society several of the important automobile associations and the leading breeders and horse owners of the country includ ¬ ing Commander J K L Ross 1 P Cowan Dr Charles McEachran and 1 Haymond is for a com ¬ mission to bu appointed by the governorgeneral or otherwise under an act of parliament to control racing and the parimiituels giving the track owners six per cent per annum upon their investment and devoting the profits minus the cost of distribution of stallions in the breeding bureaus to breeders lo the building of good roads throughout the coun counKentnckians Kentnckians who are acquainted with the details of the movements in Canada are hopeful that the good roads plan will be the plan finally approved and adopted and furthermore they feel that in this movement Canada is about to show the way out of turf difficulties in Kentucky Maryland and otiier states


Persistent Link: https://drf.uky.edu/catalog/1910s/drf1918120101/drf1918120101_1_1
Local Identifier: drf1918120101_1_1
Library of Congress Record: https://lccn.loc.gov/unk82075800