National Affairs: Yachts

President Hoover last week ordered out of commission the U.S.S. Mayflower to save $300,000 annual maintenance and to send nine officers and 148 men back to regular naval duty. Scotch built in 1896, she was purchased by the U.S. from the estate of Ogden Goelet for $480,000 for Spanish War service. President Roosevelt first used her as an official yacht, as did all his successors. President Hoover is no yachtsman.

A fortnight ago Secretary of the Navy Adams ordered scrapped or sold his official yacht, the 31-year-old Sylph. Bought for $50,000 in 1898, she...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!