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 or plate, are trifling in comparison with the first cost of the yacht and the incidental expenses of running her. There are many other reasons that may be adduced to prove that the pastime excels all others; but, in my opinion, the most convincing argument that can be urged is that no scandal has ever sullied the fair name of the sport, and that its followers the wide world over are the best fellows that breathe—generous, hearty and manly—the salt of the earth, in fact.

It is a sport in which the element of gambling rarely enters, except in the case of international events, when patriotic pride impels men to back their country's flag with a modest wager. I have been a close student of yachting lore for more years than I care to recall, but I know of no instance where yacht racing has made a financial wreck of one of its faithful adherents. Of what other gentlemanly sport can as much be truthfully alleged?

If a rich man has sons with a leaning toward yachting he should encourage its complete development. I know of no better school for the cultivation of all manly virtues. There is no question concerning its healthfulness, but my contention is that a man's moral tone as well as his physical constitution improves by association with the sea. Self-reliance, quickness of decision, action and resource, bravery and personal endurance, are qualities necessary for