Word: yachting
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Dates: during 1930-1939
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...truth. The first and only significant embezzlement was discovered by two young bankers who became suspicious of the sudden wealth of one Alex F. Lewis, a clerk in the welfare department, who through an ingenious fraud obtained $207,000. He fooled not only the welfare administration but the Detroit Yacht Club which admitted him to membership and the Ford Motor Company, which permitted him to buy an interest in a Ford agency with his stolen funds...
...Washington naval architects explained that these new cruisers had been given a low centre of gravity so they could take more punishment in battle without turning over and sinking. Secretary of the Navy Adams, minimizing the effect of the roll on their "excellent" gunfire record, declared: "No ship, yacht or cruiser is ever exactly right at first. We've been building yachts under racing rules for 25 years and haven't yet gotten the limit of speed possible. Warships are even harder. The way to build ships is to constantly keep building them instead of trying to build...
...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...
...from Mr. Mackay's $6,000,000 estate "Harbor Hill." Among those witnessing the ceremony were the groom's daughter Ellin and her husband, songwriter Irving Berlin, whom Mr. Mackay had never before countenanced. After the ceremony bride & groom cruised away on his yacht Manchonoch...
Across the street from the Temple of Light is the Sheridan Shore Yacht Club, a convivial organization which occupies the basement of Architect Benjamin Howard Marshall's gay pink house. So quietly, bothering no one, does Baha'i meet, that last week's celebration of the Bab's martyrdom (with readings and prayers led by Mrs. Corrine True of Wilmette) went quite unnoticed by the yachtsmen...