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SUGGESTS CALIFORNIA RACING BILL Veteran Turfman Thinks the Time Is Eipe for Moasuro Similar to Kentucky law. SAN FHANCISCO, Cal.. February 23. D. A. Iloueyman. a retired racing man, thinks the time is ripe for a racing commission in California, witli a law that would permit the sport being conducted under the auspices, of the state. Honeyman points out that it -would bring a revenue well -worth while. He says in part as follows: "Now that the taxation question has become a paramount topic with the lawmakers and financiers of California, they must turn to other methods of securing money to take the place of that lost in liquor licenses, etc. Would it not be wise to have a racing law passed in California similar to the Kentucky law? The various Kentucky tracks pay an enormous sum eacii year to the- state. In addition to the revenue, the horse breeding industry is stimulated; stock farms have increased in value and everything connected with the .thoroughbred is booming. "Thousands of dollars go into Kentucky each year from the outside. California has several fine stock farms, and her green grass, hay, water and soil are second to noue. She has iu times past produced champions of all kinds and made famous the farms of different breeders. If a reasonable law could be passed, California once more would take her place where she properly belongs us one of the great horse breeding states of tiie Union. The state officials iu Kentucky approve ami indorse their law regulating racing by a State Hailing Commission appointed by the governor, and its provisions ought to be better understood by the legislators of our own state. Washington Is about to enact a State Baciug Commission. "About two weeks ago all the Kentucky tracks were purchased by Senator Camden ind several oUier wealthy men, who have incorporated a new association and propose to sell their shares throughout the state, limiting each purchaser to not more than five jver cent of the capital stock, with dividends of not more than ten per cent, the balance of the profit reverting to the state. That will almost wipe out Uie liquor tax loss,"
