Evening star., 1938-05-17
Man Purchases 7O-F oot Yacht
To Beat High Cost of Liping
By PHILIP II. LOVE.

waiter r. blUuIlI W UUy d yacht.
Most people buy yachts because
they're rich, because they've got more
money than they know what to do
with" the 57-year-old social register
ite and mining company executive
conceded today. But" he added, Il
bought mine for just the opposite rea-
son-as an economy measure"
The fact it might be economical to
own yacht never occurred to him,
Mr.. Blount confessed, until he "got
tired of paying 500 month rent for
an apartment And then the economy
Of yacht ownership was pointed out to
him by his friend, David P. Allen. en-
gineer in charge Of distribution for
the Washington Gas Light Co.
Dave had been living on his yacht
for some time" Mr.. Blount said, "ano
he told me how much cheaper it was
than paying rent or buying house.
1t sounded like swell idea, SO my
home address has been Yacht Sum-
shine, Wilson Line Dock Water and
N streets SW.. for nearly two years"
Cost $4,000 Originally.
Mr. Blount purchased the Sunshine,
q 70-foot gasoline powered deckhouse
cruiser, for considerably less than the
cost of modern house of comparable
attractiveness and comfort.
1T cost $4,000 originally" he said,
but of course I didn't pay any such
price as that. bought it at Larch-
mont; N. Y, in September. 1886, and
made sort of vacation trip out Of
the voyage down the Atlantic Coast
and up the Potomac River Thus, you
see, I started drawing dividends on
my investment at the very outset"
Mr. Blount and his wife, Mrs. Mabel
P. Blount. are just as comfortable
aboard Sunshine in winter as they are
in summer.
And why shouldn't We be?" he
asked. We've got just about every
comfort and convenience imaginable
automatic hot-Water heat, hot and
cold running water, electric lights,
mechanical refrigeration. radio, even
a telephone. And our rent-dock rent,
that ISIS only SIS month!
Room for Is Persons.
We've got three staterooms, each
with running water, and there are
enough extra bunks for Is persons, If
necessary. AS a matter of fact, we've
got more room than we'd have in the
average house or apartment, yet every
thing is so compactly arranged that
housekeeping is practically cinch.
The galley contains three stoves,
one that operates on city electricity,
for use when we're tied up at the dock.
one that burns alcohol and another
that uses kerosene.
"As for economy-we save money
in many different ways. For one
thing, we don't have to tie our money
up in lot Of furniture, because nearly
everything we need along this line is
built right into the boat. And our
taxes are merely personal property
taxes and pot real estate taxes, which
run considerably higher.
Save on Entertainment.
"The cost of maintenance and oper-
alton is negligible, and we even save
on entertainment. In good weather,
all we've got to do is drop down the
river and take a swim or go fishing.
In winter, it's pretty much the same
as living in an apartment or a house,
except that people enjoy the novelty
of visiting us on shipboard. and this
makes it unnecessary for us to do a
lot of going out"
At the time he bought the craft,
Mr.. Blount was G member of the legal
staff of the Home Owners Loan Corp,
a position he held from 1884 until last
January. Previously he was presi-
dent of the Blount Plow Co. of Evans
vile, Ind, founder and president of
the Evansville Chamber of Commerce
and Judge of the Clarke County (Va.) }
Trial Justice Court. At present he
is vice president of the Greenbrier
Mining Co., manganese ore concern
of which Representative May of Ken
lucky is president.