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...conn, approaching Rio's broad, mountain-ringed harbor at about 15 knots when, without a hint of danger, came the sensation that strikes terror into every sailor's bones: a sharp, grinding noise forward. The 'Magdalena shuddered to a stop, hard aground on a reef so shoal that breakers creamed over...

Author: /time Magazine | Title: BRAZIL: Sailor's Nightmare | 5/9/1949 | See Source »

Once Upon a Time. Most Shannon stories have at least two versions. One that makes the best telling opens on a stormy night in 1826 when a sailing vessel struck a reef and sank off Sydney harbor. On board were some English racing mares bound for Australia, and at least one managed to swim ashore. Her pedigree papers went down with the ship. So the name...

Author: /time Magazine | Title: Sport: The Race That Wasn't | 12/13/1948 | See Source »

Baruna was a boat to warm an old salt's heart. She liked it rough, with seas kicking up and a breeze with some weight in it. Soon after she cleared Newport's Brenton Reef Lightship for last week's long 635-mile thrash to Bermuda, the wind veered into the northeast. It blew harder as the night wore on. At dawn, Baruna's crew began shortening sail; the jigger was doused and later the mainsail was taken in. With only a Genoa jib set, she boiled along ahead of 35 rival ocean racers...

Author: /time Magazine | Title: Sport: By the Back Door | 7/5/1948 | See Source »

...lyrical over what he sees. "Water," says Pieter, "seems to give off vibrations which appear like beams of moonlight striking through a window pane. A gold reef appears like a black ridge. Diamonds give off individual vibrations. I cannot explain them." A Johannesburg mining syndicate was well content to let the explanations go, provided Pieter's sharp eyes continued to seek out treasures. They put the boy under contract as a dowser...

Author: /time Magazine | Title: SOUTHERN RHODESIA: Moonshine | 12/1/1947 | See Source »

Erleigh bought control of the New Union Goldfields Ltd., fixed his attention on the undeveloped Orange Free State, where he bought hundreds of leases and options on mining lands, including the fabulous Rooder and Main Reef Mines. The big money rolled in when other gold houses awoke to the richness of the Free State deposits and had to lease from Erleigh (TIME, April 29, 1946). Erleigh built up a South African empire of 152 companies-gold mines, diamond fields, coal mines, rubber factories, hotels and cinemas-valued at some...

Author: /time Magazine | Title: MINING: Randlord's Progress | 11/24/1947 | See Source »

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