Last week scores of costly marine playthings sported along the Atlantic seaboard. In the final, climactic race of the New York Yacht Club cruise, Secretary of the Navy Charles Francis Adams, persistent vacationist, piloted Gerard B. Lambert's Vanitie to beat George M. Pynchon's Istalena for the King of England's cup.
In 1920, the Resolute successfully defended the America's cup against Sir Thomas Lipton's Shamrock IV. Syndicates of Atlantic coastal tycoons were announced last week, two of which carry on the old Vanitie-Resolute rivalry:
George Nichols, skipper and managing owner.
MembersHenry Walters, J....