Show LOYAL AMERICANS WILL DEFEND THE BIG YACHTING CUP NEW YORK Sept 23 rr Preparation Preparation for tor the tho defense of the tho Am Americas America's S 'S cup has bc begun nn b by the tho Now New York Yacht club At least one ono syndicate is being organized to build a n yacht to defend the trophy tro and there thero may be bo a second possibly more These seems to be only one opinion as to the management of tho the defender Every Everyone one appears to be bo of oC the opinion that it it will be bo vested ested in E. E D. D Morgan i Those mentioned as ns generous I erR era to tho the syndicate are Edward II liar liar- riman Col Robert M. M Thompson C C. KG K G G. Billings s and Roy Rev A. A Rainey Raincy The co cost l of reproducing ncr the R Reliance would he be up upwards ards of half a n million dollars in rs |