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Show First Odds Offered Show Louis 3-1 Favorite Over Charles that Thursday In phone conversation! conversa-tion! with International Boxing club official!. Eddie Eagan, chairman of the New York Hate athletic commii-lion, commii-lion, laid the winner would be recognised ai world champ in New York. Charles, champion in 47 states, never has been crowned in New York, which held out for a Charles-Leo Savold battle. Savold li the British verilon of world champion. With Louii coming out of retirement and Savold refusing to meet Charlei, the Louis-Charles bout geti the nod. It will be the first time since Louis lifted Jimmy Braddocks title at Chicago In 1937 that the champ has not been favored. Challenger Chal-lenger Louis was a 2 to 5 choice against Braddock. By Jack Haiti NEW YORK, Aug. 18 W Ei-sard Ei-sard Charles, the N B A-recognized heavyweight king, will be the underdog un-derdog Sept. 27 when he meets Joe Louis at Yankee stadium. First odds offered were 3 to 1 that the Brown Bomber, now 36, would recapture the title he surrendered sur-rendered 18 months ago. Perhaps they'll shorten before fight time, but Louis, as always, will be favored. Charles, 29, never has made a smashing hit with the public. He was too cautious the night he beat Jersey Joe Walcott to win recognition. recog-nition. He was dull and unimpressive unimpres-sive Tuesday night at Buffalo when he stopped Freddie Beshore of Har-riiburg. Har-riiburg. Pa., in the 14th. Nobody knows If Louis still can fight Walcott almost whipped him In their first meeting. Many still think Jersey Joe won. But the Bomber knocked him out the second sec-ond time around. He hasn't had real fight since that second Walcott Wal-cott bout June 25, 1948. In line with their drawing power, Louis will get 35 and Charles 20. Their managers agreed to |