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RESTRICTIONS FOR ARGENTINE RACING BUENOS AIRES, Argentina, September 14. President Irigoyens administration is considering projects for the limitation of racing. Buenos Aires has one of the finest race courses in the world Palermo, operated by its famous Jockey Club, where millions of pesos change hands in a year under the pari-mutuel betting system. Races are held twice a week, Thursdays and Sundays, and on the frequent holidays. The attendance is enormous. As a corollary to the mounting cost of living, the letting public has increased its wagers. Where total bets on a Sunday were formerly S00.00O peso, they now sometimes aggregate 3,000,000 pesos. The administration believes that the Thursday races ought to cease.