The New York herald., 1878-02-26

OF executors and adm nstrators.
rroVidlIg means Tor repairs OF the canals.
Amending tho act or the protection OF female en-
p'oyes IN the city OF New York.
MEssRs. BELMONT AND JEROME EXPLAIN THE
OBJECTS or TEE NEW BILL IN RELATION TO
POOLS on RACE TRACKS.
ALBANY, Feb. o5, 1873.
The new bill providing for the revival OF pool sell
inG On races when the same Is carried nj certsn
specified race tracks, hike Jerome PARK, Is attracting
favorable attention. The high character OF the Gov
erning Committee OF TIE American Jockey CLUB has
seemed a sufficient guarantee 10 most OF those who
examine the oil that the pool selling will be
ducied in al fairness. The arguments made bv Mr.
Leonard Jerome ana Mr.. Perry Belmont in expiana-
ton OF The bill nay be summarized as 'oilows:-
oBJEcr OF THE NEw BILL.
The object OF The bill 10 relieve tho legally organ
lied racing aud roting associations OF this State
from the ruinous effects OF the Poo law OF last scs
son 1t Is pointed out that the law IN question
originally des gnea iotbd pool selling elections
and was without intent of application horse racing.
There had been no complaints petitions during the
twelve years before the passage OF the law requesting
the suppression Of POOL selling, and yet the law was
made to cover all selling OF pools
RriXous LAW.
The effect OF this law upon the aciug interests oil
the state Is described de plorabe. This sport,
which tho governments OF ali other civilized
countries foster aud encourage. us TO I'M
prove the breed Of horses, Is literally driven
out Of this State by the law question England,
France, Germany and Austria make specia appropria-
lions Tor The purpose Cities ike Paris subscribe
heavy sums annually prizes. In Ohio, where law
exists against pool selling on elections, The horse
pools IN Dowise intcrlerud New York alune
OF all places oil Importance. has made Ihs sweeping
AMI ruiu0us iestrlcton, As showing how destructive
the law Is to the racing interest II pointed out that
ST. O61 oil the year before s26 4s7 OF $44
nearly twu-thirds With net loss OF from SIS 0OO
to $50, VO0 u year no race CLUB can continue.
WHAT HAS BEEN DOME FOR HORSE BRE.DIyG.
The Importance of preventing ANY such enect Is
shown oy the statstics VI booded stock In 1868
oro jerome Park was opened there were but three
stables In the state, with not more than eighteen
thoroughbred brood mares. To-day, as estimated ny
Mr. Foster. OF the Sportsman, there New ork
anu It's immediate vicinity
Thoroughbred brood mares. 235
S.anlons 80. ~
Horses Ia training $50
Total. ...... 577
Horses from other States coming here to run aud
staying about i've nths. hs.................. $50
Tota..................... 727
This, as Will DC seen me ans IA considerable industry
besdes the impetus gwen 10 local trade by the
meetings themselves, where thousands oil men ana
vohIccs are employed
NATIONAL IMPORTANCE STOCK IMPROVEMENT
But ny lar tie most important point Is the guaran.
tee OF Improvements IN the stock State by
tho gep OF these thor not moro tha an ono
thoroughbred stallion twenty being reserved tor
thoroughbred mares, the being scattered through
| the country serving common NJ rates con-
s.antiy lowering IN proportion TO the extent Of
thorough breeding aoing on. Not only does tins
abettering OF the breed, but the growth or
the export trude IN horses TO Europe-a trade which
Is already attaining respectable proportions tall.
ing Oh In tho breed means the exunction of this
| export trade. New York, New Jersey and Penn
| country Tor breeding and raising horses OF rich
| blood. America mas not, however, yct produced
numbers, aud the steady ana widcspread improve.
mcnt OF breed Is tho only means OF reaching THIS na
uonaliy desirable object. whether looked at
source OF supply ior our own armies in iu.ure pos
sble war or as creating u market tor tho armies OF
Europe. which could DO made IN time TO equal our
market FOR arms and munitions oi war.
| POOL SHILLING AT RACE TRACKS.
The people ike the pools; they are the soul Of the
meetings aud Indispensable to their success Pool
selling Is simply IN enlarged swccpstakes Each one
backs horse according To ms judgment OF It's breed
moral or against public policy or the owners ci horses
! 10 mako u swocpstakes-why. then, should the same
practice ~ those who witness II race be declared
! iiiegaY There has never been q com plant to this
Legislature or to tho city asking the suppression
Of tho pools et jerome Park during us twelve
tpe manner which The American Jockey Club con.
| Quoted its business There has not even pcon an
arrest for drunkenness, thieving or asordery con.
| duct upon It's grounds A similar Improvement has
been observed the other in this State, Is N
not, then, sale to leave the arrangement OF ..pro-
miums and chances" upon these OH race DAYS
IN tue hands OF such officers proposed by this
Dlf The moral character OF these officers Is indvid.
ually and collectively staked upon making these ar.
raIgements acceptable to the public.
sHALL sTANDf
Contrasted with tho systematic announcement
given TO horseracing 10 Europe by the governments
and the governing classes is the policy o. SUPPRESSION
presented in last years. law Not dollar Is asked
IRON the State, the clubs subscribing thousands Tor
prizes aud investing millions IN racing ana breeding
establishments. All the industry winch lhis repre-
sents Is paraiyzed all the capital Invested Is reduced
seventy cents the dollar, insurng he nt
MI carly day OF tho valuable stock Europe ami ali
without single compromising benefit ~ any body,