The sun., 1900-12-23

Thomas ". lawson and y. a, Uerresh"M S's"'
ustins Tor Ucr Purchase.

Thc,e nto luat three chances ~ present
tim, tho famous y1rht Defender viii not h'
broken w. bat may be seen In som" "i w"
races tn be- sailed nrVt season. IN" Na'h'
H. now the property Of NJ S1mu"l7 Sons
of newark, having bacn purchased by 'hl'
firm iu.t Tor the old metal sine" w" -'"
was malo, however. the now owners oi W."
Yacht have discovered that she IL worm
more than the market prico OF tho olu hl''''
and they arc now trying TO find ou' Jus' now
good bargain thsy made when th"y n"ueh'
~" yacht They paid what they thouRh'
n fair Ir,cc for the metal In the hull OF the
boat and for tho spars. sails ana riss'nR'
expcc'ing that the boat would be broken
up. since tho transfer Of tho yacht was
made throo offers have been made for us
rop,irchasc. y. q. Ilrrreshor. Thomas W.
Lawson and party Of Newark yachtsmen
have been negotiating with Samuels 4 sons
but IA yet nothing has been settled lhe
present owners O! the Defender are holding
the boat NJ a good price. 1t i said. becauSs
they realize that L she can be used AS a yH ht
she is worth much NOR" than Whal couiu oo
had Just for the old metal. ..,- >,.,,..r,,
\ mon npr of tine finn was seen NJ tle NeWdlh
Office yesterday by, reporter 9i lHE ~ ~
He said. We bought the Defender ior what
made ms the possessors of the yacht. spars,
1pging, salls and Cu'upete outilt lust a she
smiled last year with the exception ol tne lldksi
The price paid was slj.pO and We are satlsneo
that wa caunot lose any money whatever IL
done with the yacht. II no one wants her Us
a vacht, why, she will be broken up. The
lead, bronze, steel and aluminium will he soid
ns old metal and the spnrs. rlggins ana sAiIs
will be disposed of for what they are worm,
We bought the boat as we would buy any
lond of old metal that was offered TO us. !
have examined tho yacht and tNlnk she - IN
fair condition. but then know nothihg abou.
her value IA n yacht and do not know what
would be necessary to III her out Tor silllhs
or for racing. / figure that there Is between
eighty md ninety tons OF lead in the yacht =
keel Mr. HerreshoT would not tell me the
exact amount. but said There was more thah
ephtv tons. >.,
After We bought the boat some Newark
yach,sucn who are Interested In the boat,
and no have the money necessary Tor such
luxurinS, hav. talked about buying the De
fender n nd using her next summer a. cruiser.
but IL il posSiblc that after ftting The boat
out they might decide to race her Earlv III
tho week Nj Herre-hon opened negotiations
for the purchase q, the boat What lie want,
her for / don't know but nothing Vas done
Lacauso we could not agree. Mr.. tierre-
shoi said he was very busy and asked W. TO
kr.u things In allowance for lew days
which We agreed to do Then a representa-
tive OF Thomas ". Lawson, who ls bulIdihH
the Boston defender of the cup. visited ~
with the idea of purchasing the boat we
did not know at the time that our visitor
rTspresentHd r,u Mr. lawson but learned that fact
later Nothing. however was cohciudcd
with Mr. Lawson, but something may de-
veop In that quarter. In the meantime tne
Yacht will remain tat CITY Island until April
think, unless some one purchases II before
that time.