A JOKE MADE IN GERMANY.

NZ Truth, Issue 471, 27 June 1914, Page 8

A JOKE MADE IN GERMANY.

million people living: on the odds game. That m 614 towns alone there are 6050. known bookmakers, and this is apart from agents, tipsters, and suchlike, that number over 2000. The journal m question calculates that be<tweea £30,000,000 and £100,000,000 Is. spent m Oerman'y each y«*r m betting. It further states that m 1912 the tax on betting amounted to £635,OOO; but that with the late tax imposed on bookmakers, the tax will m future probahly amount to £1,250,000. \Ve are afraid our contemporary with the jaw->breaking name has gone drunk on the figures. The margin of I turn-over between 30 and 100 million reads like a wild jfues's. The tax on betting m 1912 was 16 per cent, and/ on betting, m 1912' was 16 per cent, and on the lower amount quoted would represent £4,800,000, not £625,000. To' i accept that revenue to be derived from j the bookmakers will bump this £625,---t 000 up to. £l,2 t so,ooo;ia' too absurd to' stand, even from a newspaper with the I.1 '. ! awful-sounding name of 'Tublixistiche I Arb<fitin."

A German'newppapeir, with-a name, t like a horae's cough ("Publlzistiche Ar^eJtJh"), Jn dealing with batting m. ! Germany, states that there aro two