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| FIRM STAND AGAINST | NATIONAL TAX ON RACING I ♦ LEXINGTON, Ky., May 18— At its luncheon meeting Friday the Thoroughbred Club, Thomas Piatt, president, voted that each member inform his senator and representative in congress of the damage that an increase in the tax on race track admission from ten per cent, to twenty-five per cent, would do to racing as a sport and to thor-brough horse breeding as an industry. The discussion brought out the fact that the tracks in New York, where there is no revenue at all coming from betting, and where the admission charge and money from, the food, soft drink and program concessions constitute the sole support of racing, would have to close or so materially reduce the purses as to make the racing so unattractive that the attendance would be so greatly decreased that the purposes of the increase in the government tax would in the end be defeated. It was brought out also that while the pari-mutuel tracks would be able to carry on, the decreased revenues would have the same purse decreasing effect. To cut the purses means decrease in earning capacity for the horses and therefore decrease in value of horses. To decrease horse value would cause decrease in breeding operations, and corresponding decrease in land values. «
