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THE OFFICIAL RAGING PAPER Americas Turf Authority for FortyOne Years Trade Mark Registered U. S. Patent Office. Copyright, 1936, by REGAL PRESS, INC. Reproduction of any matter contained herein without toritten permission expressly prohibited. VOL. XLLT. No. 127 CHICAGO, ILL., WEDNESDAY, MAY 27, 1936 PRICE 25 CENTS