PRESSURE OF TAXATION.
EARL OF DERBY'S ACTION.
RACEHORSES TO BE SOLD. ANCESTRAL HOME AT STAKE. By Telegraph—Press Association—Copyright. (Received August '2O. 5.5 p.m.) «LONDON". August 28. Tlic Karl of Derby, one of Britain's foremost, owners and breeders of racehorses, according to the Daily Telegraph, is about to make a considerable reduction in his lacing establishment. Ho has decided to dispense with the services of his trainer, .Mr. F. Butters, and to sell most of his yearlings and a number of the mares and horses in his Stanley House stables. This step is being taken by Lord Derby owing to the growing pressure, of taxation. Li a recent public speech he remarked: "I find that the time is coming, if it has not already come, when I may have to consider leaving the home where my ancestors lived for so many years."
It is computed that Lord Derby's horses have won £350.000 in the past 10 years.
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Bibliographic details
New Zealand Herald, Volume LXVII, Issue 20656, 30 August 1930, Page 11
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156PRESSURE OF TAXATION. New Zealand Herald, Volume LXVII, Issue 20656, 30 August 1930, Page 11
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