For more than a year there have been transatlantic whispers of a new challenge for the America's Cup, the international trophy held by U. S. yachtsmen since 1851 despite all that the late Sir Thomas Lipton could do about it. Last week the whispers gathered into a sharp, clear challenge from the Royal Yacht Squadron. The source was remarkable inasmuch as the Royal Yacht Squadron, world's swankest yachting organization, had had no dealings with the U. S. since 1895 when the Earl of Dunraven sailed home in a rage, charging sharp practice by...
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