Tom Watson's Magazine, Vol. I, No. 3, May 1905Various
History
Tom Watson's Magazine, Vol. I, No. 3, May 1905
Various
United States -- Politics and government -- Periodicals
1903. 1904.
Coney Island Jockey Club $903,128.84 $854,421.20
Brooklyn Jockey Club 790,054.07 731,559.26
Brighton Beach 559,348.00 626,837.10
Westchester 623,131.27 566,143.62
Saratoga 439,649.49 393,550.09
Metropolitan 355,270.70 307,396.03
Queens 282,900.88 218,729.16
Buffalo 60,857.63 106,489.05
------------- -------------
Totals $4,014,340.88 $3,805,125.51
The reader will notice the exactness with which the racing associations
make up their gross receipts—the “twenty cents” of the Coney Island
Jockey Club, the “nine cents” of the Saratoga “Association for the
Improvement of the Breed of Horses,” and so on. The reader will notice,
also, that the gross receipts for last year were $209,215.37 less than
those of 1903, though the press was unanimous in declaring that last
year’s racing was the greatest, which means the most profitable of all
years. The five per cent. paid to the state last year by the Racing Trust
amounted to $190,256.27. This five per cent. is “the penny in the dollar”
alluded to by Mr. Edward Lauterbach in his address to the constitutional
convention. But ridiculously small as it is, why does the Racing Trust
give it to the state? Simply as a sop to the rural legislator and his
constituents. The dweller in cities may lack some or many of the virtues,
but when it is necessary to find the highest plane of parsimonious
hypocrisy one must needs pay a visit to the rural districts. This five
per cent., which smacks so much of Iscariot’s thirty pieces of silver,
is divided among such agricultural societies as give annual fairs, and
to farmers’ institutes. Ostensibly it is intended for the improvement
of agriculture; in reality much of it is given as purses for trotting
races at the said county fairs. Without the support of the rural element
the Racing Trust would not have succeeded in getting the adoption of the
Percy-Gray racing law.
Public-domain text, read in full here on John Shaqi.
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