British Commonwealth of Nations: Millions from Bets?

Bets can of course be made on any subject, but in England the commonest form of betting is associated with the turf. Accordingly, the proposed 5% tax on betting of all sorts included in the new Churchill budget (TIME, May 3) roused the ire of Britons last week, chiefly because it will tend to raise the price of England's most popular pasteboard commodity: a betting ticket on the Derby, Grand National or other "turf classic." Within the House of Commons, notables waxed wrathful at daring, chubby "Winnie"...

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