Word: corsair
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Depression's influence on sailing this summer has been slight; on steam and power yachts more noticeable, though with notable exceptions. The new Morgan Corsair, launched in 1930, has crossed the Atlantic six times, once in record time (for steam yachts) to Southampton (7 days, 7 hr.). A dozen or more new yachts have been placed in commission this year; the biggest is Mrs. Richard M. Cadwalader's 407-ft. 10 in. Savarona, built in Germany at an estimated cost of $5,000,000. Now being built for Edward F. Hutton at Kiel is a square-rigged...
...Most renowned U. S. banker J. Pierpont Morgan steamed into Southampton water last week on his yacht Corsair after a record Atlantic crossing (7 days, 7 hr.), the Corsair's second this year. He laughed when asked if he had hurried to participate in the London Conference, said he would spend a few weeks at Wall Hall, his Hertfordshire estate, shoot a few grouse in Scotland. In 1926 a Morgan loan helped save the French franc from collapsing. In 1925 a Morgan bond issue of $100,000,000 helped pull Italy from grave financial difficulties. Four months...
John Pierpont Morgan declined to accept the presidency of the Metropolitan Museum of Art, an office long held by his father. Reason: "Pressure of business." Same day he announced he will leave soon in his yacht Corsair for a few weeks in "Wall Hall," his 16,000-acre estate at Alderham, Herts...
...proper spirit. The Archbishop would live meanly among the poor, were he not obliged to live sumptuously at Lambeth Palace. The Primate would sail to Jerusalem in a fishing smack like St. Peter's, did not J. P. Morgan insist upon taking him there on the Corsair (TIME, March...
After a day's cruise yesterday on the "Corsair", where they were the guests of J. P. Morgan '89, the Crimson oarsmen seemed ready for a week of really hard rowing, since the coming nine days are all that intervene before the inter-collegiate classic regatta at New London a week from next Friday. With the possibility of a time-trial tomorrow if the weather holds good, Whiteside sent his men to the boats this morning as soon as examinations were over...