SMALLER SWEEPSTAKES

Daily Telegraph (Napier), Volume 59, Issue 72, 28 April 1930, Page 7

SMALLER SWEEPSTAKES

(British Official Wireless.)

m > - * RESTRICTED AFTER .WARNING, A Big Loss To Charities.,

RUGBY, April 24. Sweepstakes on the Derby are this year qxl a much restrieted scale as a result of a declaration recently made by Mr Clynes, Home Secretary, setting forth the Government' s views on the subject. Mr Clyne's statement was in effect a warning that sweepstakes must ' be conducted privately and that ticketa must not be soid to the general publie. The Stock Exehange sweepstake, which last year reaehed the enormoxxs botal of £1,000,000 owing to the, parbieipation oi the general public, bas fcbis year reaehed only £70,000, txckets being sold only to stockbrokers. The Smithfield meat market sweepstake has been abandoned owing to a threat of proceedings by tbe police. tickets having apparently reaehed the outside pxxblic. Other institutions, such as the Baltie Exehange and Royal Automohile Oluh, are conducting sweeptsakes as usual, every effort being made to confxne the tickets to members only. " In all cases- a large percentage, genjrally.IO per cent., is allotted to chariues The shrinkage of the Stock Exffiange sweepstake will mean that B7O0O, instead of £10.000, will he dxs:ributed.