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J"^ fTTWi WMi^^m ~~m"+ '^■Mr' . \ •\\,-ljf/ftjf r~v) ' fi^-^ /? ////r J / fs^ *s '■ »v v^ 5 •-' -*-^ '■ ' *-\C ■■■ /J- —w ■> J*-~^>>l \z^ ■ '"iVi v / ' t || \/ —~m \i \ i 11 7M ______ v^ • n l_ii_li__l_l_________ii^^ _§_§_____§_^_______f __jiiJiClii^ -.. •,^~^"^^^^Cv\i /I "reallest" thing in the< money burners is the steam v yacht. The sail yacht is not ' a bad- second, although most persons would imagine that a gulf separates the two in point of , ex pense. _■ _ • Of course, one racing stable can eat up more money than three steam yachts; but there is this difference between matters connected with horseflesh and with the sea—the own er of the racing horses is in momen tary expectation of recouping his losses by being present with ready hands to get his own money back and more, too, when some other fel low's turn comes to have a fire. Polo may be recommended as a money burner, although it does not look "the part at first. It must be considered that the polo player gives his life, with all its beautiful millions of dollars to spend, into the keeping of the polo pony, and a sprung bone in the scrimmage would mean a corpse with smiling heirs. So a millionaire must cut good, fat slices from his pile every time he overhauls his string of polo flesh. When the Goulds canter into the field each one bestrides a snug for tune, and from half a dozen to a dozen similar snug fortunes are wait ing in reserve beyond the fence. Of course the automobile has proved its title as an honored and ac tive member of the money burners in every way, from a police court to a bankruptcy court. As all the world knows, a chauffeur Ns more expensive than a gold watch, and harder to keep in order. Many a man to-day is ST. PAUL GLOBE. struggling to keep the wolf from the door, while the leather-clad chauffeur sits in lordly ease behind it, smoking perfectos. But, after all, it i> when you sec the smoke drifting from the stack of a yacht that you see the money burn ing in a true combustion. What a yacht burns up never, never comes back. Even while she is laid up in a dry dock or basin an army of am phibious persons is fattening on her. Shipwrights dock owners, wharfing ers, chandlers, night watchmen, care takers, dozens and scores of persons with a great need for some of the owner's money, are solicitous about her, even while she is shrouded in canvas and tarpaulins. When spring comes and the owner MAGAZINE SECTION Charles r.flint, seated in the stern, on- the way to his fast yacht, the arrow i.ays the magic words, "Put her into commission," he begins to draw big checks —checks ranging from five hundred dollars a week to fifteen hun dred, according to her size. If he is a millionaire worthy of the name, no steam yacht less than 200 feet over all will be at all possi ble. A crew of twenty-five as smart men as can be found' will be only just sufficient to sustain the dignity that simply must surround any man who has more than $999,999. A dainty little pet like this will need four weeks of primping and curl ing and dressing before she is fit to bow to the waves and show herself in the society of other swans of her kind. Cost a little more than $5,500. After the yacht is off the ways and SUNDAY, JULY 3, 1004. riding in the beautiful but expensive sea, the expense, of course, increases with big strides. His crew gets a little hungrier when out at sea than when in port, and if the owner knows how to appreciate a ship with man-o'-war's discipline and pomp, and a crew with rhe triple virtues of seamanship, good look-;, and secretiveness, he does not draw a wry face when the weekly mess bills show that each jack tar of them has I>een eating and drinking at the rate of. $2 a day. That makes $50 a day for a real millionaire's crew of twen ty-five, with extra for holidays, etc. Then there is the coal bill. If the owner will let his engineer coax and humor those wonderful shining en gines, and if the yacht lies at anchor most of the day, only two or three ( tons of coal" will be needed. To be sure, it must be the finest handpicked. The beauty won't eat the dirty stuff that a liner will swallow with relish. Extra grade, special selected, one lump exactly as big as the other, if you please, or those wonderful triple expansion things will put Mr. Owner -omewhere from fifty yards to a thou sand "to the bad" in a race down the river some fine morning. But two or three tons of coal is really a poor man's allowance. Let the owner be a sporting person, with a desire to keep his sword-like pro\^ a little ahead of any other sword-like prow on the salt seas, or let him be a millionaire who is in a chronic hurry, even if he isn't going anywhere in par- ticular, and those beggarly three tons of coal will go up the flue in no time. The fine-t hand-picked, at $4.75 a ton, burntJ at the rate of ten tons a day, is a worthy rival of the hun gry crew. And yet these two monej'-burners are only modest. The real money burners dwell aft—in creased flannel trousers and white caps, with a cul tivated taste in other person's yachts, wines, liquors and cigars. There are hundreds of them who live through ninety glorious days of royal splendor on the millionaire's yacht. They eat money faster than the water tube boilers or the brown sailors from Nahant and Stockholm. They need champagne cocktails before they leave their berths, and breakfast is a banquet. These the millionaire yacht owner has always with him—and he may thank his stars for them, for, though they come high, he must have them. You see, the other millionaires have steam yachts of their own, and cannot afford the time necessary to help others burn their money. Without the voluntary guests, the millionaire would be a lonely golden statue. Does the money burn? You can see it go smoking down the East and North rivers in/ long procession on each side of Manhattan Island, for ninety mornings from June to Sep tember. There are more than 450 enrolled steam yachts and more than 2,000 sailing yachts in New York harbor alone. They represent an invested capital of $47,000,000. And except for coal, the big sailing schooner yacht "burns" as much money as the steam vessel. Her ordinary canvas is the be*t duck made in the world. Un real gala dress is silken "muslin," gauzy as a society bud's gown, and it costs $1 a yard; not a cent less. The kings of the fleet cost not a penny less than ten thousand a sea son to run, if the owner is very, very economical. The 130-foot steam yachts will do it within $2,000, under favorable circumstances. Close figures show that a fair aver age for the sailing and steam vessels of any pretensions at all makes the sum spent in the ninety days of the season average $1,500 for each ves sel, for it is known that the yachting season costs $3,500,000 in round num bers every year.