5 NOVEMBER 1927, Page 3

On Tuesday the Stewards of the Jockey Club were received

by the Chancellor of the Exchequer and laid before him the resolution of the Club in favour of the Totalisator. We have written upon this subject else- where, but may note here that another part of the resolution contemplates the retention of bookmakers in spite of the use of the Totalisator. This is the practice in most countries where there is a Totalisator or Pari Mutuel. It is proposed that the bookmakers should pay fees to the racing authorities. Such an explicit recognition of bookmakers would be a new thing and would of itself require legislation.