The search for the yacht went badly. Neither the Navy nor the Customs Service could find what the White House was looking for. The President's men had their eye briefly on John Wayne's old converted minesweeper, but the price was $2 million; the President had been sort of hoping that someone would, well, just donate a boat, accepting the nation's thanks and the tax deduction. No one volunteered, so, for now, the White House has given up trying to find a presidential yacht on which Ronald and Nancy Reagan can float down the Potomac...
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