THE PRESIDENCY: At Cocos

Buried somewhere on the plump green slopes of Cocos Island are pieces of eight and gold moidores; somewhere off the ancient stone paths is a cache of jewel-studded, solid gold chalices, golden altars, diamond-crusted vestments, 273 jeweled swords, a life-size statue of the Blessed Virgin, wonderfully wrought in purest gold.

So, at least, runs the well-authenticated legend, well-known to Franklin Roosevelt, who slept and fished and yarned last week aboard the cruiser Tuscaloosa in Cocos' Chatham Bay, with the radioed permission of Costa Rica's President León Cortés Castro. On his fourth visit* to the peaceful blue waters that lick Cocos' shores...

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