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Three of the four yachts were newly born, built especially for this event. Each was the product of minute designing and craftsmanship. The favorite: white-hulled Columbia, created by Olin Stephens, yachting's most successful designer in the last 20 years. Columbia was skippered by dashing Car and Yacht Racer Briggs Cunningham (TIME Cover, April 26, 1954), equipped with Ratsey sails made of a special new synthetic and financed by a New York Yacht Club syndicate headed by Manhattan Financier Henry Sears...

Author: /time Magazine | Title: Sport: Contenders for Defender | 7/21/1958 | See Source »

...pairings for the first trial, the winner was none of the spanking new beauties but an outsider-the veteran, refurbished Vim. Designed by Olin Stephens 19 years ago, Vim is another family affair. Bought by New York Businessman John Matthews back in 1951 and fitted out for cruising, Vim had been refurbished and reconditioned for a try at the Defender trials. Young (24) Donald Matthews brashly matched tactics with Briggs Cunningham, beat him to the starting line, and brought Vim home a whole minute ahead of Columbia. The second race petered out in a slatting calm. But before the committee...

Author: /time Magazine | Title: Sport: Contenders for Defender | 7/21/1958 | See Source »

...Finisterre, the victory was a kind of vindication. Ever since her swift, shallow hull lines were laid down on the drawing board of noted Naval Architect Olin Stephens four years ago, competitors have complained that she was nothing but a rule beater. She was designed, said her detractors, to take advantage of loopholes in the ocean-racing handicap rule, getting such a large time advantage over sounder, abler craft with conventional deep keels that no one could catch her. In response to this complaint, the Cruising Club of America revised its calculations, sent Finisterre off for Bermuda with a shortened...

Author: /time Magazine | Title: Sport: Fortunate Finisterre | 6/30/1958 | See Source »

...elected to the Board of Directors were John M. Bullitt '43, Master of Quincy House; Warren S. Berg '44; Richard G. Dale '52; Harold Rosenwald '27 Stephen L. Singer 1GB; and Dean Robert B. Watson '37. Rolf Goetze '59 and Charles M. Olin '59 were also named to the board...

Author: NO WRITER ATTRIBUTED | Title: HSA, Inc. Elects Elliott President; Officers Named | 5/13/1958 | See Source »

...most irresponsible pieces of serious legislation reported by a committee to the Senate since I have been a member," said Missouri's Democratic Senator Thomas C. Hennings Jr. Not so, retorted South Carolina's Democratic Senator Olin Johnston: It is a landmark defense against a Supreme Court which has made a "shambles of established, ingrained...

Author: /time Magazine | Title: National Affairs: The Cure That Kills? | 5/12/1958 | See Source »

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