Publicity Halts Sale of Tracks: Senator Combs Places Blame on Newspapers for Failure of Deal to Go Through, Daily Racing Form, 1919-01-18


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PUBLICITY HALTS SALE OF TRACKS Senator Combs Places Blame on Nowspapcrs for Failure of Deal to Go Through. LOUISVILLE. Ky.. January 17. Senator Thomas A. Combs, representative of the syndicate formed for the pnniose of purchasing the Kentucky race tracks, came out in a statement this afternoon declaring that the publicity given the proposed deal had resulted in its failure to go through. He places the blame on the newspapers of the country, and expresses the opinion that it would have been consummated some time ago but for the press. He fails, however, to say wherein the printing of the news of the deal proved Injurious. He still maintains that it will be brought to a successful conclusion some time in the near future. Manager John Hachmeister of Latonia and Douglas Park spent today in Louisville. He said that lie had heard, nothing more from the proposed purchasers of the two plants. The price put upon the stock of Churchill Downs is high, and it is said that the syndicate will not attempt to purchase it. It was reported today that the syndicate might try to purchase Latcnia separately, but It can be officially stated that Douglas Park must be included in any sale that Is made. President Charles F. Grainger today reiterated ills former announcement tiiat under no circumstances would Churchill Downs take over any part of Douglas Park.

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