Evening Republican, Volume 16, Number 296, Rensselaer, Jasper County, 12 December 1912 — Yachting an Expensive Sport. [ARTICLE]

Yachting an Expensive Sport.

Sir Thomas Lipton of England, who has decided not to challenge for the America’s cup, has this year proved himself the yachting champion in European waters by winning 23 first prizes out of 29 races in which he competed. He beat the yachts and the Krupp schooner- in their own waters; Sir Thomas’ three attempts to “lift” the America’* cup ~ has cost him $2,000,000, and about $5,000,000 has been Spent by Englishmen in the 12 attempts to recover the trophy since the America beat all coiners in .the race round the Isle o! Wight, in 1851.,