Word: yachtsmen
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Dates: during 1950-1959
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Racing on the Thames River, four Crimson yachtsmen will compete in another regatta tomorrow at Coast Guard. Co-skippers Dave Gill and Larry Snide-man will race against Boston University, Coast Guard, Holy Cross, MIT, Providence and Wesleyan...
...remembering the sales figures from last year, exhibitors glowed with optimism. Despite the recession, Americans spent a record $2.1 billion on boating in 1958, and the nation's fun fleet grew to 7,330,000 boats-one for every seven families. With the number of active U.S. yachtsmen expanding by 2,000,000 a year (total: 37 million), the industry expects a 10% rise in outboard sales in 1959, similar gains for inboard powerboats and sailing craft...
...cousins, marinas have blossomed into a big business. Like the motel boom, the number of U.S. marinas has grown from a mere handful before World War II to more than 10,000 anchorages of all kinds doing a $500 million annual business. Yet they cannot begin to meet the yachtsmen's demand. Estimates are that the U.S. already needs 10,000 more marinas with room for 2,000,000 boats, and is falling farther behind every year. In the New York area alone, 300,000 boat-owning yachtsmen scramble for space at only 20,000 slips and moorings...
...with dock and service facilities for 1,800 boats at Alamitos Bay, hopes to, have it finished by 1960. In the Puget Sound area half a dozen new marinas are abuilding, including one $500,000 anchorage at Roche Harbor with a special customs-immigration office to speed Canada-bound yachtsmen on their way. Marina Builder Charles A. Chancy, who has built some 400 since 1935, currently has 50 projects on his books, including a mammoth $14 million marina at the north end of San Francisco Bay, with docks for 1,800 boats and moorings for another...
...with the boat-crazy U.S. public. With more leisure and higher pay than ever before, almost any U.S. worker can buy a boat, pay for it on time (33% down, 24 months for the balance) and go bouncing off over the whitecaps and away from crowded highways. The new yachtsmen want their boats for family fun instead of for a strictly masculine hobby...