The daily Cairo bulletin. (Cairo, Ill.) 1878-1???, 1883-08-25
FLOATING PALACES.
killionaire8 Creating a Monopoly in Yachts
The Latest Ordered,

The Latest Ordered.
Some people say that Jay Goulds
failure to secure an election to one or
more of the leading yacht clubs-not-
withstanding the fact that he will own
perhaps the finest and fastest steam
yacht yet built-will result in his eieva-
ton to the proud position Of Commo-
dore, or possibly Admiral, OF club com.
posed exclusively of millionaires who
are able to buy or build steam yachts
regardless Of expense, writes New
York correspondent Of the Hartford
Times. Since Gould's Atalanta was
launched. James Gordon Bennett and
two or three more have ordered new
vessels, STIMULATING that they shall be
las good As Gould 81 if not better and
every Crpsus is in lively competition
with the rest of the Crpsus family
For, after all, it is amere matter ofmon.
ev. The model has been found in the
ATLANTA, which will do, il is claimed,
twenty knots an hour, though the Alta
lanta is vet to do il. But somewhere
from fifteen to twenty knots will be at
tanned bv these new vessels, and there
is no limit to the amount that can be
invested in the way Of gorgeous interior
fittings and decorations. The ATLANTA
Is q marvel in the way Of wood work
and upholstery, and twill have electric
lights, patent machinery for making
ice, and every conceivable convenience
and comfort. The simple sailing yachts
have heretofore been considered, by
those most interested, rich owners,
costly enough. 1t is not the mere build
ING or fitting up that tells the story. 1t
is not. according to the too readily ac-
cepted proverb, the tirststep that costs.
After investing anywhere from $4,000
to $4,000 in a sailing yacht, the game
has not begun. The literally running
expenses are what pull on the most
plethOric pocket-book. A while ago a
quiet bank cashier in Wall street, who
for many years had owned and in Sum-
mer ran on the sound and round to
Newport a comparatively modest yacht
was asked what the amusement and
pleasure cost him, "Oh, he replied. Il
don pretend TO 20 into the thing like
those fellows Jim Bennett and the rest,
and give swell parties aboard and 20
to the Mediterranean, and all that OF
course | have to keep my Captain and
crew the year round, but, while keep
inc them, | keep my own expenses
down. and | manage TO run my yacht
very well for $4,000 year And
this sum is small in comparison with
what Bennett and his competing crowd
spend in Yachting every year, simply
because they must compete, and are
able TO do it. These young fellers,
as the old yachtmen call them, think
they are doing big things in the pleas
ure steam Yacht line; but thirty-ive
years ago. rs TAR back as 1893 old Com
modore Vanderbilt beat the best Of
them, Gould with his ATLANTA and all
when be built the magnificent North
Star and took his family, friends, cook
and chaplain across the Atlantic and
on general tour to all the seaports Of
Europe The ATLANTA is IN oyster boat
TO the North Star, and the old Commo-
dore knew something about the sea and
ships and sailors. Another thing; This
modern display Of mere money in yachts
and yachting knock, all the poetry out
Of the pastime. a paragraph in the
san SAYS:
Our millionaire Yachtmen do not
understand tue romance Of yachting
Their practical business training fol-
lows tnem into aquatics. They build
steam yachts for speed and cOmmOGi-
BUSINESS. They will never know the de-
light OF bringing trim sailing craft up
into stiff breeze, watching her white
sails ill, and feeling her bound over
the waves while the spray sparkle,
around her bow That /, the poetry Of
yachting
That is it, exactly There is no ro-
nance or poetry in % steam yacht
any more than there is in a locomotive.
You cannot pat steam Yacht into a
picture or poem-to for either it is too
practical, too mattcr-of-fact. But
yachting is gn excellent medium for
the display Of millionares money. --
il will give greater security and safety
% the iand.men who own them; enable
them 10 run sooner for shelter when
storms on the sound threaten. and will
be convenience TO brokers who wish
speedily to ret back TO business every
day, or TWO or three times a week, from
the nearby resorts, But these costly
Injuries viii be the monopoly Of the mil.
lionalres There is no danger that the
sailing yacht will 90 out Of existence. less
~. 3D.