New Britain herald., 1923-07-30
S5O,OOO AT 1 ID l5
 WAGERED ON FORD
Wall Street Already GambleS on
 Next President
By Edward ThieiTy NEA Service staff Writer

NEA Service StaR Writer
 New York, July so.-The first
 money for betting on the next years
 presidential election has appeared in
 Wall street
 President Harding is considered 5
 to 1 shot. Odds on Henry Ford and
 William G. McAdoo are quoted at s
 to l.
 There is s5o,0oo ready to be bet at
 to Is that Ford will be the next presi-
 dent.
 Another man backing Governor Al
 Smith of New York, has S2000 that he
 is holding in the hope of getting odds
 of 20 to l.
 These figures, the first intimation of
 the trend of the betting world on the 2 ing political race of 1924, were given
 in an interview with NEA Service
 by Guy B. De Chadenedes, a Wall street broker who is noted for hand ling some of the largest political bets made during the past 10 years.
 More money will be bet on the next presidential election" said De Chadenedes, "than on any election in history. Probably none of the big bets will be placed until next summer. But brokers and speculators are already beginning to figure out probable odds.
 "Ten million dollars was bet on the Harding-Cox fight in 1920, according to estimates. Two million was bet on the Smith-Miller race for governor of New York last fall"
 Opinions vary on probable odds Slate-makers, considering possibilities and near possibilities. have made up a list of 20 republicans and 20 demo- crats who have been mentioned" as presidential timber.
 Henry Ford is a big factor in any such future book',' said De Chad enedes Assuming he is democrat, one could probably get odds of to 1 against his nomination.
 ''The best get that would probably be taken against Ford for the presi- dency would be to 1, the same as McAdoo, but know of broker who will now lay to Is that he will be elected. In others words, the man who wishes to bet on Ford is de- | manding 15 to for his money, while those disposed to bet against him | probably wouldn't want to give odds higher than to 1.
 Next to Ford and McAdoo among the democrats, Al Smith is given the best chance at Is to 1. Former Presi- dent Wilson, former Governor Cox and Senators Underwood of Alabama. Glass of Virginia, Ralston of Indiana and Edwards of New Jersey and for mer Secretary of State Colby, Wilson's law partner. are all 20 to 1 shots.
 Two of Wilson's former cabinet mem bers, Baker and Daniels, and Senator Robinson of Arkansas are ; easily 30 to l. Bryan is 40 to 1 shot. And anybody can get 50 to 1 against such candidates as former Ambassa- dor Davis, former Supreme Court Jus tice Clarke, Senator Reed of Missouri, former Senator Pomerene of Ohio, Mayor Hylan of New York and Will . jam Randolph Hearst.
 Hiram Johnson of California at 10 70 is the next best bet to Harding emong the republicans with Secre- l aries Hoover and Hughes close be- ( hind at 12 to 1. Senator LaFolette, a General Wood, Secretary Mellon, Senator Lodge, Governor Pinchot of V Pennsylvania and Senator Watson of c indiana are all 20 to 1 shots. /
 You can get 25 to l against young s theodore Roosevelt and former Gov | rnor Miller of New York, and 30 to r against Senator Borah Senator Cap l. CT, former Governor Lowden of Ill., 1ois and former, Governor Allen of s lansas. Will Hays, the old republi- S an chairman and now running the b 1ovies. is long shot like former r enator Beveridge of Indiana at 40 to Judge Kenyon, the former sena- c or from Iowa, and Colonel Harvey, he ambassador to Great Britain, are to easily"
 De Chadenedes says politics Is the lvorite field of the big bettor Where i' lillions are wagered on an election, a . says less than s4o0.000 was bet on II II le last worlds baseball series, and ss,' nder s10o.ooO on the Dempsey-Gib- 7, o ons fight. 'The biggest single bet I've seen go " rough" he said, was in 1917 when :" le man bet s125,0o0 to s150,o0 that . ayor Hylan would beat John Purroy Y, itchel-and won. The biggest bet i' st election was s50,oo0 against s55,- 2 100 on Governor Smith"
 Wall streets biggest betting shock me last year when W. E. Ketcham, wealthy Seattle man. brought half million dollars to bet on Al Smith r governor and Royal Copeland for nator. He is reputed to have won ose to s400,000.
 The only bet he lost, and classed
 freakish bet, was 5000 against 00,000 that Smith would beat Mill r by 100000 votes. He made the t when Miller was a to favorite Is judgment, amazing Wall street IS almost vindicated when Smith ,n by 3S5,94 votes.