MODIFIED WIN-AND-PLACE

Evening Post, Volume CXVIII, Issue 8, 10 July 1934, Page 4

MODIFIED WIN-AND-PLACE

AWthev; correspondent ("System") sees in the brief sliiift that the single pool had in its months/trial in; England a potent reason why. win-anyplace should be persevered with;in, .the Dominion, but he suggests that certain chajiges>shoiild be made iiv the percentage of v (Sstribiition. He ■writes:— - \;-'l • f<Yonr article concerning the poor reception accorded ;tlie single-pool system recently'inaugurated' in, England and the fact that; win-arid-place met ■ .with immediate success" upon its introduction by the A.J:C;-at Eandwick seem to prove conclusively that the win-and-plaee system should not be condemned too hastily here in New Zealand. "Jt appears to me that' it is not the win-and-place system which is at fault but the very illogical distribution of the place pool which; is responsible for the condemnation of the system. If the place pool •were allocated in the proportion of 50 per cent, to the .winner, 30 per cent, fov second, and 20 per cent, for third (or 75 per cent, and 25 per cent, in two-dividend fields), the system would, I feel Sure, prove very much more popular than it now appears to be. •■-.■■ ■ > "The only other genuine objection appears to be the necessity for making two investments, but if the unit of investment for a win were reduced to ss, this, coupled with the increased return for a winning pla'celbef, -would, I am certain, completely overcome all objection to the system, which, in my opinion, is 1 greatly-in advance; of the old single pool. ' . "It is to be hoped that the Eacing\Conference,' which will be holding its annual meeting this week, will make some provision fov a trial along the lines suggested." An argument along the lines indicated in this letter may of course.be built-up out of the English facts, but it is rather the obvious argument and completely ignores psychological tendencies. "System's" suggestion (which has been advanced, many times already by. those dissatisfied with the regular place distribution) would destroyr the whole principle of the win-and-place, and would establish such a hotchpot mode as no country in the world lias yet seen fit to set up. One thing at least is certain, and this is that a pure system along recognised lines is superior to any hybrid offshoot; of. ■ the pure systems.— "Rangatira." • ;