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OLDEST OF ENGLISH RACES The historic Newmarket Plate was instituted by King Charles II. in 1663, and is thus 259 years old. Its prize is endowed with a parcel of land which brings a yearly rent of 6. This sum and the entries for the previous year 5 each", less for the clerk of the course and for the poor of Newmarket, constitute the prize. Under the terms of the endowment the Town Plate must be run forever on the Newmarket round course, starting at the July Stakes stand, at four miles, on the second Thursday of October yearly. The fundamental idea when the race was first made was to gather horses in a contest which j could gaJJop and stay."
