New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-12-21
MORE CONCESSIONS GRANTED.
THE DEED OF GIFT. HOWEVER, WILL BE
ADHERED TO.


AMERICAS CUP 1T WILL NOT BE THE
FAULT OF THE NETWORK YACHT
cLrB-TEXT OF THE COR
REsPoNDENcE.
The New-York Yacht Cub through its commit
tee appointed to make arrangements with the Royal
Yacht Squadron, has waived everything except
formal recognition of the last deed of gift Every
concession that has been asked for has been granted
and all that Is required is that the Royal Yacht
Squadron. if Lord Dunraven wins the cup. shall re-
ceipt for It. provided for In the last deed OF gift
The Cup Committee held n meeting yesterday noon
at the Office of the chairman, James ID. Smith. to
consider the dispatch received the day before from
the secretary of the Royal Yacht Squadron. The
dispatch IS follows:
London. Dec. 49,
cable of 18th received. Middle of November con-
sderei much too late but Dunraven will race Sep
accepted question OF receipt will Re referred to
special NEE ing at earliest Opportunity.
II refused special meeting unnecessary. Guaran'
tee that Squadron would no, demand cup falling
agreement on receipt Intended. Identical with Dun
ravens proposal, June ~ 1881 Piease caDie ac-
ceptance or refusal GRANI. Cowes'
After some deliberation the following dispatch was
In reply:
Grant, Secretary Cowes:
advice from your Royal Yacht Squadron that
terms Of our cabe OF l'tn are ofeiay agreed L?
after arrival Is granted SMITH, chairman.
This leaves the situation Invested OF everything
excep; tnc one question. VIII the Royal Yacht
Squadron If Lord Dunraven wins the cup. sign a
receipt for IT, agreeing hold 1t under the terms
Of the deed Of gift? If they will there will De a
race. and If they will not there vii. not be a race
Columns Of senseess stuff have been sent over
here about what lord this or crd tina: or sailing
master the other has said about the Americans de-
string 10 avoid a race and Indicating fcverish
anxiety the part OF the British for a contest
As n matter OF fact the English yachtsmcn know
perfectly wei that they have all the racing they
In the future they have in the pass for the
cup. and know also that the cup is trust property
he'd under deed of gift. and must be 50 held al
ways un.ess the courts should declare the last deed
OF gift Invalid They claim that they want to hod
the cup il they win ii under liberal conditions
than those laid down In the deed Of gift. and there
fore do want to Ign for IT under that deed
They have accepted the Interpretation of the mutual
agreement clause. which allows OF the making
OF any sort Of terms regarding contest for the cup
and nave raced for tse trophy under conditions
made by virtue OF that clause which conditions
satisfactory to them why. 4 they really want
race should they object signing for the cup under
the deed OF gilt. ii such conditions can be made
under f.?
The position of the Royal Yacht Squadron is un-
tcaabe. The New-York Yacht club cannot recede
from lis presssn; position. Commodore smith sti ,i
the time asked FOR by Dunrlven | cannot doubi but
that this settle the question. and that me race
Ti co 5Mg lite fault II it does not occur
There is Mt doubt that Lord Dunraven himself
patch to a friend in This city saying that he was In
favor OF the Royal Yacht squadron acknowledslng
bull; to race for the cup TO be owned by syndl-
cate consisting Of Lords Dunraven; Wolyerton and
the OF the new steam ylcnt Gralda, wnich
IS said to be exceedingly fast