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Show C..I.IM.I.L ll.l.ali New Cup llefeiul.r. The Constitution wa defeated by the Columbia Monday by the small margin ot 43 seconds In the first real race In which tha uew llrrrcholT yacht ha pattlelpatml. Although the contest con-test from start to Uulsh waaolose aud at times exulting In the opinion of a majority of yachtsman In Newport, -the Constitution lost through mlsfor- I tune. However, tho ruault Is far from oonolutlve, and there I still much to I be decided as to thu relative luerlta ot the two racer. |