NON-PROPRIETARY RACING
A mooting of those interested in horse-racing was held recently in Sydney for the purpose of forming an association whose aim would be to assist the Government in formulating a scheme for the transference of the present proprietary clubs to non-pro-prietary bodies. . Mr Clive Inglis was elected chairman, and he outlined the reasons for the formation of the proposed association, after which the meeting was addressed by Messrs. A. H. Moverley and W. W. Hedges, two members of the State House, who were in favour of the plan. Mr. Frank McGrath stated that if the Government was sincere it could complete the transference without causing any monetary loss to shareholders. Each year the Government took nearly £500,000 from racing men, and if the sum required to compensate shareholders amounted to that figure, it would cost next to nothing to complete the transfer. In addition, the Government then would have the land, which could be sold in allotments, and in that way make money out of the transaction.
ANSWERS TO CORRESPONDENTS.
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Evening Post, Volume CXXV, Issue 48, 26 February 1938, Page 22
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172NON-PROPRIETARY RACING Evening Post, Volume CXXV, Issue 48, 26 February 1938, Page 22
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