Racing Is An Economic Asset: Enormous Sums Distributed by Various Associations Passes on Through Channels of Trade., Daily Racing Form, 1919-03-18

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KACING IS AN ECONOMIC ASSET ASSETEnormous Enormous Sums Distributed l y Various Associations Passes on Through Channels of Trade Hy ClinrlosTT Rrossman If finyoim doubts that racing is nn important importantPCOnomh PCOnomh asset t the jmltlStrial illlll Commercial Commercialinstitutions institutions of this roiintry let him carefully ex ¬ amine study and digest the iiniiurtnnt American racing stiitistics for 1918 There was 341 5347 dis ¬ tributed among the Humorous horse owners of the country Uy the dlfferont racing associations which in turn paid out the money to breeders mer ¬ chants tradesmen and tlie fanners that produce tilt feed The most of t the essential business men grain and hay producers in the states where racing Is promoted received a portion of this vast sum in the natural course of trade without stopping to consider how and why the increased business and benefits came cameIt It must Iw remembered that the numerous ex cellent nicks in Canada and Mexico were closed on account of wartime conditions and that the I itonia and laurel fall meetings were curtailed by orders from the hoard of health in accordance with a decision from the authorities that no concourse of people could be assembled while the dread VnidemU of ihfluenzii prevailed If it had not been for Jhese deplorable conditions the grand total of money raced for in America would have been much larger largerFrom From all indications 1910 will be a banner year Good horsed and close confests are promised and from the public interest now being manifest all over the country prominent wealthy horseloving enthusiasts will journey far to witness these great trials of speed and all those communities that have encouraged defended and protected racing will reap a great financial harvest Chicago St Iritis and Cleveland ought to b in line the business men of tlioxt cities are standing in their own light when they fail to have an im ¬ portant race meeting scheduled That the great middle west can draw the best horses in the land has been demonstrated time and time again by recalling the names of the celebrated horses that have participated in the famous stakes given by the popular Kentucky tracks When the people of these great states now prohibited from enjoy ¬ ing the greatest of all outdoor sports wake up to their responsibilities aiid possibilities racing will come back in all of them and we will have breeding farms of which the agricultural depart ¬ ment proudThe of each state will be proud The stable of Commander T K Jj Ross was the leading money winner in 1918 with sixtyfour races and the munificent sum of 99179 to its credit while A K Macomber with fifty races and 95 M secured second place and Harry Payne AVhitey with thirtythree races and 70309 was third So on down the line seventyeight dif ¬ ferent owners winning more than 10000 each while there were 241 owners that each won 3000 or more All this serves to illustrate the magnitude importance and popularity of racing racingBETTING BETTING AN AMERICAN ATTRIBUTE ATTRIBUTENo No one contends that the interdiction of racing in any state has stopped betting in that state on the contrary it is one of the attributes of the vigorous American to want to assert and back his opinion All classes and conditions of people in this country always liave and always will l et as long as men build air castles dream dreams the speculative nature is bred in the heart and human nature continues as it is isThe The redblowled liatTveborn American is not satisfied to Have si Vervain group of people tell him what he may or may not do He wants and in ¬ tends to take care of himself and do what seems to him lesf always operating within the law and if the politicians put an obnoxious law over on him once in a while he will not rest until that law is repealed It is a characteristic of the Kuropcan mind to surrender without protest selfcontrol to want a Illtjni or part of the people to speak for him to think for him to direct him in all things and all those in this country who think we ought to he guided by and controlled by a selfappointed bunch of political reformers have failed to ap ¬ preciate and comprehend the true American spirit spiritIf If it were not for betting race horse owners could not afford to pay tlie breeders anything like the amount they now receive for yearlings Under conditions as they now exist an owner can pay what seems to be an exorbitant price for a year ¬ ling and win him out in one race The owner may be compelled to wait some time before a favorable opportunity arrives or he may be able to win the colt out early in its twoyearold form In any event owners will be around the next spring to buy more yearlings as long as there is a possibility to win a good bet betPennsylvania Pennsylvania Ohio Indiana Illinois and some of the other states have expert breeders in all kinds of livestock save thoroughbred horses Is it be ¬ cause a kind of an apathy has fallen over the progressive breeders of these states or is it be ¬ cause they are not conversant and aliye to the possibilities or aware of the opportunities pre ¬ sented by engaging in the business of producing real race horses horsesThe The magnitude of the industry is growing at such a pace that additional thoroughbred horses will be required for now that the war is over there will l e a demand from abroad and America will be the market place for the world therefore any state that possesses the land that will produce good blue grass grain hay with an abundance of pure water should breed some thoroughbred horses that kind of land will produce winning race horses if given an opportunity


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Library of Congress Record: https://lccn.loc.gov/unk82075800