Show MORGAN ESCAPES A I WRECK AT SEA Now New York Aug fact that J p Morgan the financier was near nearly ly b on a ledge In Long Lons Island sound while returning from Now New Port yesterday on his steam yacht acht corsair became known today when the yacht was put In a dr drydock doek at Hoboken for repairs The dent happened near City In inthe the tho end or of Long Island Sound The Corsair was malting making fast time bringing Mr Ir Morgan and a party or of friends to town when she he struck a sub suI submerged merged ledge Reversing her propellers ers em the tho yacht quickly backed backet off ocr but began to leak The Tho machinery was ims not badly disarranged however and the Corsair proceeded to New York lorI under reduced speed with her pumps going to keep her free from water |