The Sentinel=record., 1912-01-18
STATE LOSES BY
 ANTI-RACING LAW
DEATH KNELL OF RAGING MAKES MILLIONS lN PROPERTY AL
 MOST WORTHLESS.
New York as We'll as Other States Sui. fer Loss of Revenue From
 Recent Laws.


 of choice real estate is today worse than useless worse than useless not alone because. it is standing abso- lutely idle, but also because it car ries with it heavy taxation, but is worse than useless because the fact that it is standing idte means a quar- ter million dollar deficit in the annual revenues of the state. says recent New York dispatch.
 The taxes on racing plants probably | amount to a quarter of a million dol lars. When racing flourished the state also got another qaurter of million. representing per cent of the earn ings of the track, so now the public ] treasury's income from King Horse is just cut in half.
 Big as the common loss to the rae ing interests and the public treasury is, however, the lovers of racing more keenly feel the loss of horses, train l CTS, jockeys and owners that once made this country one of the great est racing nations on earth They feel this loss mot merely because real racing has through their departure practically disappeared (wh.le betting flourishes triumphantly-, but more because they see in it the rapid de cline of the American thoroughbred Only a few days ago General Wood declared that the problem of furnish ing cavalry remounts is becoming very serious one because of the disap- pearanee of racing, and recently Aug ust Belmont, president of the Jockey Club and probably the best known. racing man in the country, echoed and confirmed the statement. saying General Woods statement to con gross of the harm done in the army in the matter of remouat horses for the United States cavalry, by the cru sade against racing in various states of the Union, coming from such a high authority, needs no eonfirma- ton.
 His claim that our best thorough breds are being exported in great numbers as result of this, is anoth. CT matter. On this question he can not state the subject too strongly.
 If our culls and horses of ready sale were leaving us only, we might still have hope and courage. but, unfortunately, the exodus is largely composed of the best. and one more year of such racing as we have had in 1911 will result in a depletion which is fitly termed by General Wood to be national calamity New York state furnished racing of high order and on a scale commensurate with. and demanding, performances by hors- es of the highest class.
 The turf of this state was on . par with the turf of European coun- tries in the character and the size of it's stake races. It is only through such that great horses can be develop. ed and owned Destroy these. and our horses, and more than this. will go to the only remaining fields where really important racing exists. viz: abroad even if our owners remain at home.
 Another element of loss to the souatry through the chilling effect the end of racing in New York has had in other states Is the loss of em- ! poyment in breeding, traiaing and op- erating the tracks. The money loss represented by the departure of stock Is also tremendous. During the last year 1000 mares were sent abroad. Figuring low average value of $500, this would mean s2.00O,000 gone from the country A million and a half dollars worth of foals have also gone for good, While probably half million dollars worth of stallions were ex- ported This would be all right. rae ing men point out, if 1t were a regu- lar export business. but it is not a natural trade, and in their opinion points to the ultimate end of breeding i on any large scale. Their contention is borne out. too by the fact that the number of registered foals has fallen over 50 per cent during the present year.