NGATEA LAND SALE.
COMPARISON OF COSTS. CHEAPER IN FRANCE. ARGUMENT FOR THE MACHINE* (Australian Press Association). LONDON, July 26. In the House of Lords, the Earl of Derby gave a startling comparison of the cost of racing in England, and France, based on his own experiences. He said every racehorse engaged in England had to earn £650 in stakes within a year before the year’s expenses were cleared, whereas in France only £IBO was needed. The difference in cost to the breeder and the owner was entirely attributable to the lower entrance fees in France, which the totaiisator made possible. It had also enabled the French Government to place well-bred stallions at the disposal of the breeders throughout the country. Lord Derby instanced his own good luck in purchasing a horse in partnership with Mr Ogden Mills which w’on the Grand Prix. That horse was got by a Government-owned stallion, for which either no fee or a nominal amount was paid.
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Waikato Times, Volume 104, Issue 17465, 27 July 1928, Page 8
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161NGATEA LAND SALE. Waikato Times, Volume 104, Issue 17465, 27 July 1928, Page 8
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