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Show Luxury Yacht Hits Rocks ACAPTJLCO, Mexico. Not. IS UPi The luxurious yacht Corsair, once the private ship of banker J. Pterpont Morgan, struck ths rocks and went aground early Saturday Sat-urday In Aeapulco harbor. Passengers said there was "no panic'and "no great excitement" About 65 passengers and a crew of 77 were taken off In lifeboats and small harbor craft. Port officials said the Corsair struck rocks a few minutes after midnight Although aha was going slowly, a large hole was tora la the bow. Capt H. Nedden of Vancouver, B. CX, who has aklppered the former Morgan yacht more than a year, pointed her at a small near-by beach, "Ensenada De Los Presos" (Bay of the Prisoners). The vessel's bow Is submsrged a short distance off shore and shipping ship-ping men said If the captain had not acted quickly the boat would have sunk, she was shipping so much water. "It was while the Corsair was being .beached that passengers were assembled at their boats and when the boats touched water they had only a very short distance to go. The rocks on which the vessel struck are about half a mile off shore, In sight of One of the large resort hotels. Hotel De Las Americas.' Amer-icas.' - , . The Corsair la' a 343-foot vessel of 2M tons. Morgan built It in 1930 aa his private -yacht It became be-came a war ship and has since been turned Into a cruise ship. |