The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1908-03-20
oh, PITY, PITY
The POOR RICH !!
Self Sacrifice Marks Result
of the Recent Money
Stringency.
Special TO The Journal.


hard times for the more than mod
erately" rich. Fifty of the largest
yachts in this country are on the mar
ket. Reports that many owners OF
! huge steam and sail craft were anx-
| ioUs to sell their floating palaces have
| been rife in shipping circles for sew
eral days. An investigation on every
hand evidences that the money panic
| had reached deep into the pockets of
! yachtsmen.
Designers and yacht brokers said
those who wish to sell have bought
anew Inat is true in a few instan-
ces, but the fact remains that never
before have so many large craft been
for sale
Especially is this the case in
steam yachts Owners of sailing
vessels that cost less to- run than
steam-driven craft are holding back
with the hope that business may pick
up, but many who have spent tens
of thousands year on coal, crews,
fittings and entertaining have been
forced to give up the sea. either from
/ lack of funds or of time no spare from
business.
The assertions from the blue rib
bon feet will be felt in ali of the
large clubs, including the New York
Atlantic and Larchmont organiza-
tons. OF the $50 large vessels as
sembled in Newport harbor two years
ago for the New York Yacht Club
cruise. many believe there will not be
one quarter to draw from this year
Scores of owners who have not put
their yachts up for sale have express
ed doubt as to putting their craft in
commission. Many make no effort to
conceal the fact that they will spend
the summer in Wall street unless
business takes a sudden change for
the better.
Some Top-Notchers.
Among the yachts on which prices
have been named are George Gould's
379-ton Atlanta, formerly Amzi l..
Barbour's British-built Lorena, and
Frank J. Gould's Helenita, which he
named after his wife. Three Wander
are Frederick w Vanderbilt's IA
ton Conquerer. Cornelius Vanderbilt's
70-foot sloop Rainbow, and w. X.
Vanderbilts 70-footer Virginia. Cor
nelius Vanderbilt, as commodore Of
the New York Yacht Club, will KEEP
his white steamer North Star for his
flagship. g
Another yacht of more than 200
feet, that is for safe, IS rue
American. The Watt estate has named
$4,000 as a price for her. Wilt
B. Leeds, the tin plate king has put
his Mona on the market. as has
mahal. The last named is known al
over the world, Colonel Astor having
entertained aboard her in nearly
every civilized port.
Morton F. Plant has offered his
Black Venetia for s195,000 and his ia
nous schooner -Ingomar. which Cap
tain Barr raced here and abroad, for
$50, 600. Mr.. Plant, however, ordered
a steam yacht larger than the We
Meta built abroad last fall.
Among the sailing craft for sale is
the big black auxiliary schooner In
vincible, which the late Charles T.
Barney, president of the knicker-
booker Trust Company, owned for a
number of years. Mrs. Barney has
placed the yachts value at $50. 900.
Also in the sailing list are five of
the American yachts tNo+ took part
in the transatlantic race for the Kai-
ser's cup in 1905. Thew are Edmund
Randolph's 307-ton auxiliary bark
Apache, Robert F. Tod's white
schooner Thistle Edward r. Cole
mans white schooner Hildegarde,
George Lauder. Jr.'s black schooner
Edymion and DR.. Lewis A. Stimson's
white Fleur-de-Ls- Their total value
is in the neighborhood of $500, 900.
Fifty Worth $4,000 900
1t is estimated that the so largest !
craft for sale represented a value of
$4,000, 900. At least four of them are /
worth we'll over 100000 each, and /
they cost many times that sum. Only |
five years ago Colonel Astor spent |
$50, 900 in some new fittings for the |
On her broad main decks are four /
small canncns and an arsenal of fifty |
rifles. revolvers and cutlasses. Having I
ample coal bunker capacity. she |
could go anywhere in the world.
Her dining saloon is 80 feet square, |
the full width of the ships walls. |
and the ceiling is paneled in white
large fireplace is a fea-
ture of this room, and few yachts |
can boast of such a one as this yacht |
contains. In the cabinets are hand!
some silver trophies, including low
ing cups, tankards, salyers and /
huge punch bowl. The large table is |
covered with cloth of royal purple |
embroidered in old gold and turquoise |
blue. The divans are in robins egg
blue plush
AT the foot of the main staircase /
ana next TO the dining saloon is MIS-
Astor's state room Blue and gold |
are the prevailing tones in the up
holstery- The bed has richly |
carved headboard of dark mahogany. /
The Colonel's room is spacious. |
Across the hall from this suite are
guests rooms. The music room is at
the forward end.
At the head of the saloon staircase
is the room called by Mr.. Aston the |
Social Hall A seat runs the full
of the circular room.
also on the main desk are the chart
rooms, card room and smoking room
A fortune has been expended on
rugs alone for the prineely yacht The
floors of all the rooms and upper
deck are covered with priceless sDeci-
mems from all parts of the Orient
All the brass ratings on the decks
are covered with aluminium.
Floating Palaces.
The NoUrmahal was launched in
1884 She was one OF the products
of the Harlan & Holiingsworth yards
at Wilmington, Del Her designer
was Gustav Hillman. She IS of bark