Sport: Our Cup Runneth Under

The old trophy sailed off to Perth when Australia II beat Liberty

The land Down Under had not witnessed such an orgy of jubilation since V-J day ended the war in the Pacific. When Australia II won the America's Cup on Rhode Island Sound last week, it was as if the cork had been pulled on an entire continent of bubbly. Indeed, as the revelry roiled on, the only worry in many Australian minds was that the champers would run out. A 130-ft. by 65-ft. Australian flag was hung from Sydney Harbor bridge. In every...

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