RACING CLUBS’ ANNUAL BALANCE.
(To the Editor.) Sir, —Many of our racing and. trotting clubs show a deficit in their annual balance-sheet for the past season. It is impossible to analyse the just expenditure of various items, for they are usually lumped together under a heading which conceals extravagant expenditure — tlio expenditure on wines, spirits, ale, cigars and free luncheons —a pernicious system and encouraged by racing officials. Surely some of the ciuhs who are resenting the. 2J per cent, extra, tote tax and those who have made a loss might curtail or eliminate this expenditure. The majority of the owners who provide the sport do .not participate in this fare. Think arithmeticallv what it must cost the Auckland Racing Club or the Otahuhu Trotting Club to cater for its patrons—and some of them are not worth much to anv club.—Yours, etc., ELLESDEE.
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Hawera Star, Volume L, 21 August 1930, Page 4
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143RACING CLUBS’ ANNUAL BALANCE. Hawera Star, Volume L, 21 August 1930, Page 4
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