None know the value of a moderate draught of water better than those who have cruised or raced afar from home, and groped their way into all kinds of out-of-the-way bays and harbours in small craft. The yachtsman who builds for racing only, possesses the means, and is ready to launch a new yacht to his name every other year, should (if he be a sensible man and proposes to himself to sell the yachts he has no further use for) think of the requirements of the market and his ability to sell. Soon the yacht mart will be flooded with a number of cast-off 5-and 2½-raters, all with a draught of water which would limit their sale to only a few places.

There are many living at the present moment who will remember the time when even the large yachts of 100 to 200 tons were never given more than 12 feet draught. This was done to enable them to enter tidal harbours, the greater number of which only have a depth of 15 feet at high-water neeps. But there is another argument in favour of not having too great a draught of water, and that is, it is not an element of speed, beyond helping the sail power; and the existence of yachts like the old 'Fiery Cross,' which only drew 8 feet and was a most successful winner, and of the Herreshoff boats, which do not draw so much as the English-built raters and are the cracks of the day, points the lesson that it is well to put a limit where a limit may be altogether an advantage.

Great care is necessary in apportioning out beam, no matter whether the yacht is to be of large or small displacement; great beam in the case of a yacht of small displacement is only suitable for waters such as Long Island Sound, or long rolling seas, and is useless in heavy broken water like that met with in our channels; because it is a difficult matter, without weight, to drive through the seas. When great beam is given to a yacht of large displacement, she may be able to fight her way through the water, but it will not be at the greatest speed for the given length, since it was proved by the old Solent 30-ft. and 25-ft. classes that when beating through a head sea a yacht of the same length, but of small beam, such as the 'Currytush' and the late Lord Francis Cecil's little 3-tonner 'Chittywee,' were able to travel faster through the water whenever it was a hard thrash to windward. The general opinion of those competent to judge is, that 3½ to 4½ beams to the length on L.W.L. is about the most advantageous proportion, some going even so far as to assert that three beams may be given; but, in dealing with small yachts, 5-raters and 5-tonners, as this chapter does, the writer believes that four beams to length is a good proportion to meet all kinds of weather with; and if 30 feet be the length 7 ft. 6 in. the beam, and 5 ft. 6 in. the draught, such proportions will be found to give quite sufficient scope to any designer in order that a remarkably fast weatherly little ship may be the result of his calculations. The height between the decks with a large displacement would give 4 ft. 6 in. to 5 feet head-room. Nothing has been said about the sail-area, which should not be taxed.

The element sail-area appears to be the stumbling-block in the present rating rule. It is limited, and the consequence is the cart is put before the horse, and the hull is built to the sail-spread. Thus the hull is being minimised to carry the small area allotted to certain lengths.

There have been so many raters built since the present rule came in that it would take too much space to mention them all with their several points, but there is this fact to notice, which backs up what has been said before, that South-country designed boats seem to do well in their own waters, while those brought out in the Clyde fare best there. When Clyde 5-raters have gone South, they have performed badly—though the 'Red Lancer' in 1893 proved the exception to the rule—and the Solent raters that have found their way up North have made but a poor show. Mr. Arthur Payne is the king of draughtsmen on the Solent, and his yachts, with those designed by Mr. Clayton, also a prince among naval architects, have all had their turn at winning prizes when they have been properly sailed. Mr. Payne's designs mostly favour a fair amount of displacement, and 'Alwida,' built by him for Lord Dunraven in 1890, is a very fine example of the kind of craft he can produce. The workmanship is fit to compare with the very neatest cabinet work. The following year the beam was increased by some inches, the length underwent a drawing out, and at the same time the body was tucked up to decrease the displacement. The next movement, if it is possible to judge by the 2½-raters, will be to follow in the steps of Mr. Herreshoff—who speaks for himself in other chapters. The 'Cyane,' another of Mr. Payne's 5-raters and an improvement on the 'Alwida,' has few fittings below, but there is great height between decks, and if she were changed into a cruiser, she has enough room to make her everything that can be desired, without greatly decreasing her speed. To describe all the 5-raters sent out to do battle by those Northern champions, Messrs. Fife and G. L. Watson, would be equally out of place here. Their boats are too well known all over the world both for speed and beauty of design, and if there is a point peculiar to either of them that marks their vessels and makes their meetings interesting and exciting, it is that while Mr. Watson's are extra smart in topsail breezes, Messrs. Fife's yachts are specially good in strong winds.

'RED LANCER'
11 tons T.M., 5-rater (Capt. Sharman-Crawford). Designed by Fife of Fairlie, 1892.

In mentioning these well-known names, it would be impossible to forget a name which will always be linked with the year 1892—viz. Mr. J. H. Nicholson, jun., of the firm of Messrs. Nicholson & Sons, Gosport, the successful designer of the 5-rater 'Dacia' and the 2½-rater 'Gareth.' His boats are unique, and though they partake of the canoe form, still it is the shape adopted by Mr. Nicholson for his keel, and the design itself, which brought his name so prominently forward during the season of 1892 as one of the most successful designers in England. The 5-rater 'Dacia,' which he designed and built in 1892 for Mr. H. R. Langrishe, and which now belongs to Lord Dudley, proved herself far superior in all weathers to the yachts of her rating in the South. Most of the raters were designed with a square stern above water, whatever their shape might have been below; but the 'Dacia' is counter-sterned, and carries her ribbands fair from stem to taffrail, as far as can be judged from a long-distance view when she was hauled up. Whatever her length may be on the L.W.L., it must with a large crew aboard be so considerably increased as to almost make her another boat. At all events, she is a fine specimen of the advanced type of rater, and is good in all weathers.

The 'Natica' and 'Red Lancer,' 5-raters by Mr. Watson and Mr. Fife, jun., must not be passed over unmentioned. Both these yachts belong to Belfast, which is at present the home of 5-rater racing. In the Clyde, where 5-tonners and 5-raters were once the fashionable classes, there is now not a single representative. The 'Red Lancer' is a fin-keel shaped vessel with great angle of sternpost, from the heel of which to the stem-head the line is run in a very easy curve. She has a very long counter, more than a third of which is submerged; but she is very pretty as a design, and though not of large displacement, is very roomy both on deck and below. She was originally fitted with a centreboard, but as it was not considered of any material benefit to her, this was taken out and the hole in the keel filled up with lead. The 'Natica' has a spoon bow, and is one of Mr. Watson's prettiest models as far as the modern racer can be termed pretty. She has been very successful in the North, and as great curiosity was felt regarding her capabilities when compared with the South-country boats, she sailed round, and met the 'Dacia' at Torquay Regatta, where the best of three matches were won by 'Dacia.' It would have been better, perhaps, had the matches taken place off Holyhead—vide the case of the 'Vril,' 'Camellia,' and 'Freda'; however, there is no reason to disparage them as not giving a true indication of the respective merits of both yachts. So many races come off, both on the Solent and on the Clyde, in numerical comparison with what took place a few years ago, that the owners of small yachts rarely care now to go far away from home on the chance of obtaining sport when it lies comfortably to hand; but it is a thing to be encouraged, and when yachts have proved themselves champions in any particular waters, a trysting place should be chosen for the little winners to meet and try conclusions. This would also make yachtsmen anxious to possess not merely a racing machine, but a boat capable of going from port to port with a certain amount of comfort to her crew.