Liability presumes asset, What, in the matter under discussion, re the assets? The senior race gives a portion of its cash sweep Profits to charities. One greyhound. club cave something to charity from similar source, 'a source which has since been stopped. The Kiangwan Race Club and the Yangtszenoo. Race Club also have sweeps, bat whether they give anything charity is a moot point. The Femark applies to the Canidrome, It may be as well to mention that these three organizations operate their courses as business ventures, 80 that it would be both logical and unreasonable to expect that they should give mway any part of their profits, T have never been inside a "Wheel" anywhere, bat T understand from those that have: that they (the Wheels) give away excellent food and high-class drinks to anyone and everyone who can Gualify to secure entry to the premises, and'that, in the case of the vests who gamble and win, the winnings are paid over with a readiness and a cheerfulness that cannot bat compel admiration, What else they give away Tam hot aware of. The raffles and lotteries and tombglas which usually fre organized in the cause of 30% Meserving object give away prizes which sometimes are worth receive ing, and they raise money which is generally badly needed, But as these raifes are, basically, as much gambling ventures ax a cash swe the races, and as the young and the very young are not debarred from taking chances, they cannot be considered as anything but per-vicious, Surely the old-fashioned sale of work, in which feminine brigandage is given full scope une der the absolving eye of the vicar or other local notability, is prefer= able. Tt is, at any rate, honest robbery without the element of Rambling, and the only effect on the young is an appreciation of kow Woman and her smile can compel Man to pay ten dollars for something ho will probably he lad to sive away as soon ay he reaches safety. "Another asset which T had nearly forgotten is the compulsory. contribution to the Greater Shange hai authorities which the chieh is officially. described ak "tive per oont betting x for the Municipality of Greater shanghai." The public pays this, Thus docs pony racing reli overburdened taxpayers of
Text read from the printed page and cleaned; old type leaves the occasional error.