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THE OFFICIAL FACING PAPER . .Americas Tmrf Authority for Forty-Three Years NATIONAL ASSOCIATION OF RACING CO MMISSIONERS OFFICIAL PUBLICATION Trade Mark Registered U. S. Patent Office. Copyright, 1938; by REGAL PRESS, INC. Reproduction of any matter contained herein without written permission expressly prohibited. VOL. XLIV. No. 276 CHICAGO, ILL., FRIDAY, NOVEMBER 18, 1938 PRICE 25 CENTS