Semi-weekly herald., 1914-05-04

States, which was met by the Mexi-
can officer in command as the begin
ming of hostilities.
SOME SIDELIGHTS ON COMING
INTERNATIONAL YACHT RACE
Some idea Of the amount Of money
involved in the defense" Of the Am
erica's cup in the coming internation-
al yacht regatta off Sandy Hook in
September may be gained from the
assertion recently made by an au-
thority who stated that twenty-five
American yachtsmen will spend more
than half . million dollars this sum-
mer in defending the trophy. In ad-
dition to the expense of preparing for
the trial races it will cost $4,000 or
$4,000 more to bring the defender
through the cup races.
Alexander Smith Cochran Of New
York, will be under the heaviest out
lay since as sole owner it will re-
quire close to 100000 to pay for the
building, fitting out and sailing the
Vanitic, now rapidly nearing compile
tion at Neponset. Six present and
past flag officers of the New York
Yacht club have given an unlimited
order to the designer, builder and
manager Of the Resolute, the Bristol
production, and will probably be call
ed upon to contribute between $685.
900 and $4,000 each by the time the
season is finished. This syndicate Is
composed Of Vice Commodore George
F. Baker, ira, Rear Commodore J.
P. Morgan, former Commodore Fred
erick G. Bourne, Cornelius Vanderbilt,
Arthur Curtis James and former Vice
Commodore Henry Walters. It is es-
timated that 100000 will be required
to build, outfit and campaign the Res
olute during June, July and August.
Of the fifteen yachts men who COM
bined to build the Defiance at Bath
at an estimated expense of 100000
eight are from Boston, six from New
York and one from Philsdelphis. The
syndicate Is composed of F. C. Fletch-
er, E. S. Webster. Eliot Wadsworth,
Charles Hayden, F. e. Peabody, J. C.
Cobb, Oliver Ames and Henry Tag
gard of Boston; George M. Pynchon,
George Lauder, George d. Barron,
James R. Ford, E. Trowbridge Hall
and Thomas C. Dunham of New York,
and E. Walter Clark, of Philadelphia.
The exact sums paid to the Her
resshoff company for the last five cup
yachts, including the Constitution,
have never been revealed, but other
builders believe that they know them
approximately. From such data it is
estimated that the contract for the
Resolute with two masts. two or three
sets of sails, minor spars, and rig
ging complete, called for close to
$l50,000. 1t is thought that $4,000
will be necessary for her upkeep dur
ing the preliminary season from May
to August %. The contract price
for the Vanitie is placed at about
100000 and it is expected that with
her professional crew and large ten
der, Mr.. Cochran will have spent an
other 100000 by the time that the
committee on challenge Of the New
York Yacht club renders its decision
as to which yacht shall be intrusted
the defense Of the silver tankard.
As the Defiance is of composite
bguild, with steel frames and double
wooden skin, it is estimated that her
building cost will be considerably less
than either Of the two bronze yachts,
probably in the neighborhood of 340,-
900 just before launching. Her masts
and spars will cost 10000. her sails
SIC, 900, blocks 5000 and rigging
| 81 900 with 5000 more for inciden-
tails, or total cost Of $4,000. As
the yachts of several Of the syndicatea
are to be used as tenders, the cost Of
running the Defiance for the three
months is placed at $50. 900, or $780,
900 for the season.
With q challenger also Of composite
construction 1t Is expected that the
fourth venture of Sir Thomas Upton
will be far less expensive than his
three previous cup hunts.
For the first time since the Vigil.
ant vanquishsd the Valkyrie in 1898
the cup defense yacht will have . fair
market value after the 1914 regatta
is decided. They are not expected to
deteriorate more than 40 per cent
compared with q loss Of % per cent
which the owners Of the Reliance, the
last cup defender, were forced to bear,
her building cost being nearly $780,
900 and her scrap price $6,900. Thua
the value and availability Of this
years cup yachts for future work Il
regarded as one Of the most encour-
aging features Of the new rule under
which they have been built.
PREPARE FOR TIMBER DRIVE.