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DERBY POSSIBILITIES Sarazen and Time Exposure Two Formidable Candidates. Unless Plans of Their Trainers Miscarry, These Two Geldings to Be Pointed for Big Race. 9 NEW YORK, N. Y.. February 25. Unless the plans of trainers Max Hirsch and "William Knapp miscarry, the East will be represented in the fiftieth Kentucky Derby by a pair of as fast and capable geldings as have appeared in eastern two-year-old racing in a quarter of a century. Beside the juvenile record of Sarazen, candidate of the Hirsch establishment, even the record of Billy Kelly, two-year-old star of the Saratoga August meeting of 101S, looks only middling good. Time Exposure, candidate of the Knapp stable, did not make as brilliant a showing as Sarazen did in the racing of 1923, but, possibly, that was because he was not as fortunate as Sarazen was. In Maryland last October and November he was well-nigh invincible. Time Exposure, provided he trains successfully as now seems probable, will bear in the coming Derby the silks of Frank J. Farrell, one-time owner of the New York American League baseball club. Sarazen is the property of Mrs. William K. Vanderbilt III., one of racings newest, wealthiest and most keenly enthusiastic recruits from the beautiful sex. Farrell was formidable in racing about New York fifteen to twenty-five years back, when he owned first-class handicap horses in Blues and Bonnibert. He went into baseball about the time adverse legislation nearly wiped out New York racing. He has come back strong in the last three or four years and is again campaigning a considerable stable. "Bill Knapp, his trainer, formerly a first-rate jockey, is one of the numerous young horsemen who has turned to the training end in the last few years. 5,000 FOR SARAZEN. Mrs. Vanderbilt. who acquired her liking for the thoroughbred in France, began to take a quiet and unobtrusive interest in American sport a couple of years back. She astonished the fraternity at Saratoga last August by paying Philip T. Chinn, proprietor of the Himyar Stud, 5,000 for Sarazen, a gelding by High Time that had come to New Yorks popular upstate course from Chicago witli the reputation of being fast, but was not held in high esteem by eastern trainers, who are always skeptical of the abilities of two-year-olds coming out of the West in midsummer with smart reputations. Hirsch, the man who persuaded Mrs. Vanderbilt that Sarazen was a good buy at 5,000, is the same who won a Belmont Park Futurity with Papp, developed On Watch and Grey Lag and made a steeplechase champion of Sweepment. Before the 1923 season finished Sarazen had won ten straight races and amassed earnings of ?3S,000. His unbroken string of victories fell only one short of Morvichs string of 1921. Time Exposure, like Sarazen, a find of Thilip Chinns, discovered late last fall speed of the sort that would have made him a star of the first magnitude if bad training luck early in the summer had not retarded his development and prevented his nomination in rich autumn stakes. Bolder "than Hirsch, or less discreet, Knapp sent Time Exposure one mile with horses of the first class at Bowie in November and Preparation, Flint Stone and Exodus beat him in the renewal of the 0,000 Southern Maryland Handicap. However, Time Exposure yvas not discredited by this defeat. He made considerable concessions t.o the three that finished in front of him. King Solomons Seal, Stanwix, Fair Gain, Hephaistos, General Thatcher, Dunlin and Avisack brought up behind him. Flint Stone, the winner of his last five races, one of them the ,000 Crescent City Handicap, is the recognized four-year-old star of New Orleans winter racing. Time Exposures defeat in the Southern Maryland Handicap was his first in eight races. OPPORTUNITIES LIMITED. Theso sons of High Time, he a young and comparatively unknown stallion by "Ultimus, that had done nothing more in racing than win a minor two-year-old stake at Aqueduct, from mares considered unfashionable, were genuinely remarkable developments of a year that witnessed the coming up of a score of truly brilliant two-year-olds. If either had been well engaged in stakes of high value he would have finished one of the big money winners of 1923. Sarazen, better off in stake engagements than Time Exposure, also luclcier in that he came to hand earlier, was beaten as a big money winner only by St. James, Wise Counsellor, Beau Butler and Diogenes, each of which won a great stake. The biggest prize Sarazen won was the 5,-525 that fell to him in consequence of his victory over the lightfooted filly Happy Thoughts in a Laurel special, organized spe- Coatinutd on twelfth page. DERBY POSSIBILITIES Continued from first page. cifically to brinr the two together. Winning no stake of any sort Time Exposure was not among the thirty leading two-year-old money winners. Sarazen and Time Exposure must race in the Kentucky and Latonia Derbys or compete through the spring and early summer for small purses. Because of their altered stae they are ineligible to participate in the 0,-000 Preakness, the 0,000 Belmont, the ".-000 Withers and all other rich eastern specials for three-year-olds. Gelding two-year-olds hereabout has become unfashionable since many eastern specials of high value for two and three-year-olds have been closed to altered horses. Sarazen -will train at Belmont Park. Time Exposure will gallop over tho Jamaica course on which Morvich, juvenile star of 1921, prepared for the forty-eighth Kentucky Derby. That Sarazen will be one of the strong favorites in the winter betting about tho Golden Jubilee Derby is inevitable.