LOTTERIES. 259 



Nothing can be less liable to error than the system 

 which I have described; while correctness is a most 

 valuable quality, when a mass of accounts has to be 

 got through in a short time, which is always the case at 

 a race meeting. This system's only fault is that, at a 

 settling, if persons are not acquainted with its working, 

 reference to the different debits and credits of individuals 

 cannot be so readily made, and explanation given, as by 

 another system which I shall now describe and which 

 was shown to me some time ago by the then Honorary 

 Secretary at Meerut. The working of this latter system 

 is so self-evident that I need only give the form for the 

 accounts of each day's racing. Its only fault is that 

 error cannot be readily checked. To save room, I give 

 the form for only four lotteries, though of course it can 

 be made out for any number. 



In lottery accounts, the debits consist of price of 

 tickets and purchase of horses ; the credits, that of horses 

 drawn, and lotteries or parts of lotteries won : by the 

 following system (see next page) these items are arranged 

 in the most simple manner for reference and computa- 

 tion : 



