New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-03-27

the New-York Stock Exchange or TO stamp OUT
Wall Street speculation completely. No one 'i
ticipl'es that Wall Street will be laid WASTE }"
that way II il Idle 10 expect that the S"'''
81 Ncw-lurk viii ever annih.iate the custom
among people who 20 20 racrtricS. piseo'i'
match. football game. or any fovm q: cohp'"
ton. II making small. quiet. individual uhr'-
corded wagers am0lg themselves. The Gray
Percy bin does bot intend 10 imfnrr' p'hihu
pr.sOn-bgrs ever- man who may on Inc r1''-
track IN the future remark - 4 friend thal DE-
will bet him a dollar that one horse Will de-
feat another in a certain race II would De aD-
sIIrl for any racing bill 10 attempt anything of
that kind The Gray-Pcrcy bill will beyond
question make betting rings wholly unknown on
tho courses Of this STATE. VIII cxIirpa'e book
makers a. z class. and VIII put IN end 10 the
dnpredation> ~ professional gamblers 1t j.
unreasonable to look for more from any statute
which can possibly De passed by the Lesis'
lature.
4 f.v racptrack owners are hostile - the
clause in the amended bill which taxes the
gross receipts OF racetracks : per cent. Th'y
sqv that the revenues Of tho racetracks VIII be
seriously diminished by the suppression Of bet
tjnc-r!ncs This * true. and the Legislature
course owners. as their revenues in COMPARISON
with the receipts Of previous years will be 50
extensively cut down. But 1t Is not advisable
for the supporters Of the turf 10 take issue on
This point Of percentage II there is to be any
racing in this State this year all friends "t
tbe turf must unite in working for the prompt
enactment OF the Grly-Percy bill. owners
uust be getting their horses ready for The CON
20 chi lgpDDNNS
mart Of our statutes The time is brief. we are
almost in April, and swift action Is necessary
No true furfman should indulge in carpins ana
censorious comment upon any OF Inc provisions
Of the Gray-Percy Racing bill at this time
hearty ana Jealous support or the Dill Is lhu's-
norsable II there Is to be any racing IN this
State In 1875 and in the present CONDITION OF
affairs there can be no excuse for quarreiiln-
over details. 1t is important to get the Dill
nassod without delay IL there Is TO be any
racing Racetrack owners who are diSsatisheu
with the , per cent clause can console 'hem-
selves with the reflection that for many years
their revenues and profits from the racetracKs
were enormous. Let them mediate upon the
rapdity with which they heapcd up riches IN
mast seasons They got an utterly undue ana
excessive share of the public money in those
seasons. and they mus; now be content with
moderate revenues and profits They must also
hear In mind that had 1t not been for their own
blunders they would not he in their present
Might. They would not listen to the excellent
advice which The Tribune gave them 50 freely
and bountifuy If they had accepted the coun
sells Of this paper in past years, ana acted upon
them: IL they had carried on racing In broad
minded and reasonable way, they could have
established the turf on the strongest founda
,;ons and they would have fourished and waxed
fat for many year They should now be con
ron, with what they can get and not muttcr and
grumhle.