15 JANUARY 1927, Page 3

The Jockey Club is inquiring into the effects of the

betting tax. The object of the inquiry is to find out whether the tax is doing any injury to racing or to -the breeding industry. The Racing Correspondent of the Times says that in his opinion the Jockey Club will not find any reason to act and that the betting tax will remain as it is. He cannot see that racing has suffered " in any way " from the tax, and as for the breeding industry he remarks that the December sales at New- market were the most successful ever held.