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FUTURE MARYLAND RACING PROFITS BALTIMORE Md April 1 Racing cpmmis sioner J P Kennedy declared that he has received assurances from the race track owners that they would agree to his proposal that the surplus earn ¬ ings of the tracks shall be devoted to roads charities hospitals and horse breeding under the direction of tlie commission Representatives of the onemile tracks had a meeting Monday at which the plan was discussed and approved approvedThe The Kennedy scheme involves a valuation of the several race track properties regardless of their stock capitalization They are to be appraised at their worth as race tracks but without anj regard to good will willThe The race track people are reported to be con ¬ vinced that tlie day of large profits and dividends lias passed in Maryland
