Word: yachting
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Dates: during 1930-1939
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...Gassaway Davis III, coal scion, grandson of West Virginia's late Senator and Vice Presidential nominee, Henry Gassaway Davis, divorced last August by his new wife's cousin, Brigadier General Cornelius Vanderbilt's daughter Grace; in the saloon of her father's $2,500,000 yacht Aha, moored at the Vanderbilt nine-acre Terminal Island, off Miami Beach...
...After dining with Mrs. Simpson and making merry with friends who drifted in afterward, His Majesty left after midnight by sleeping car to review at Portland the Home Fleet, just back from "threatening" Italy in the Mediterranean (TIME, Sept. 30, 1935). The Royal Yacht Victoria & Albert on which King George and Queen Mary always put to sea to review the fleet was slept in by King Edward, tied to the dock at Portland. Rousingly cheered, His Majesty cried genially, "The last time I was at Portland, I was a midshipman!", proceeded to inspect the fleet from a fast admiral...
Bath Iron Works's 1927 rejuvenation coincided with the lushest yacht-building era in U. S. history. First big contract was a 240-ft. job for Ernest Blaney Dane of Brookline, Mass. Hiram Edward Manville's 266-ft. Hi-Esmaro was built by Bath Iron Works. So was Hugh Joseph Chisholm's 244-ft. Aras and Eldridge Reeves Johnson's 279-ft. Caroline. Biggest yacht contract Bath Iron Works ever got was for J. P. Morgan's fourth Corsair, which was launched in the dark days of 1930 amid a fusillade of anonymous letters threatening...
...Only yacht on the Bath Iron Works future books at present is Harold Stirling Vanderbilt's new America's Cup defense candidate, the keel of which was poured last week. With the passing of the golden days of yacht building, Bath Iron Works struggled along with Coast Guard and Lighthouse Service contracts together with an occasional commercial job until President Newell learned how to get Navy work in 1932. Since then Bath Iron Works has delivered three destroyers including the Lamson, now the fastest ship in the U. S. Navy. Navy Department contracts account for more than...
...Senate committee the firm reported a $12,000,000 loss for 1930. Rich, the firm stood the loss, tightened its belt for rehabilitation of its name. Of the three sons of Samuel Sachs, only one remained in the firm, Walter Edward Sachs, who sold his yacht and set to work on the wreckage. His brother Paul had long since retired to an art professorship at Harvard and an associate directorship of Harvard's Fogg Art Museum. Brother Arthur retired last year to the life he preferred in France. Dignified, cultured Walter Sachs, a Harvard classmate of Franklin D. Roosevelt...