The Camel and the Needle's EyePonsonby, Arthur Ponsonby, Baron
Philosophy
The Camel and the Needle's Eye
Ponsonby, Arthur Ponsonby, Baron
Wealth; Wealth -- Moral and ethical aspects
At card-playing, which occupies a vast amount of time in the lives of
the rich, sums amounting to hundreds are often lost or gained by one
person in one evening. But of the various sinks which help to drain
away their money, horse-racing almost holds the first place. There
are no statistics to show how many people have been ruined by it, or
how many have been lured into a life of gambling by their success in
the betting ring. But its popularity is certainly on the increase, as
we can see by looking at the number of horses that have run under the
rules of racing in the last thirty years. In 1878 there were 2097; in
1908 this figure had risen to 3706. The number of larger race meetings
advertised in advance have more than doubled since 1881 (78 in 1881,
164 in 1909). Some sort of estimate of the money spent on it, apart
from betting, can be gathered from the amounts won. In 1908 the winning
owners secured between them nearly a quarter of a million pounds,
the sums won by the first thirty-six amounting to £246,001 15s., the
largest total secured by one owner being £26,246.[7]
The populace are invited to join in this pursuit, though, of course,
they must be railed off to prevent too close contact with those who
come in coaches and motor-cars. The crowd is vaguely supposed to be
having a good time, and any attack on horse-racing is met by hackneyed
arguments about “keeping up the national sport” or “improving the breed
of horses,” and perhaps, again, the objection of unemployment for
jockeys and bookies might be dragged in.
Public-domain text, read in full here on John Shaqi.
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