The 'Olga' was Mr. Payton's next attempt at a flyer. She was 32 feet long, with a beam of 5.73 feet, and had a great draught of water. She was a very large-bodied boat, was built on the most advanced scientific principles, and, what is more to the point, was a complete success; but she was a most unfortunate yacht. With a very wide keel her midships section was anything but shapely, and ran down almost in a straight line from her bilge, which was very low and square, to the bottom of the lead. At the Royal Irish Yacht Club Regatta, Mr. Power's steam yacht ran into her and sank her in Kingstown Harbour, but she was brought up and floated again, Mr. Power having bought her as she lay under water. The 'Olga' after this mishap won her full share of races, and ended her first season flying 18 winning flags, of which 15 were firsts. Mr. G. B. Thompson bought her during the winter, and the following season won four first prizes with her; but before the season was half over she was again unlucky, and on June 22 was once more run into and sent to the bottom, whilst in the Mersey. She was fished out, and put up for auction, but who bought her or what became of her is not generally known. The third yacht of 5 tons was the 'Luath.' She, however, was not such a phenomenon as the 'Olga,' and after the 'Olga's' short but brilliant existence, what was expected of her did not come off. She was, as may be supposed, very much like the 'Olga' in looks and of about the same dimensions, though of rather larger displacement. The last of the four was the 'Oona.' Her melancholy end is still fresh in the memory of many a small-yacht sailor. She was built in 1886 at Wivenhoe, in Messrs. Harvey & Co.'s yard, for Mr. Plunket, of Belfast, and was an extreme example of what could be designed under the old Y.R.A. Rule. Her length was 33 ft. 10 in. on the L.W.L., her beam 5 ft. 6 in., and draught 8 feet, but her chief characteristic was her marvellous body, which displaced 12 tons, both displacement and sail-area of 2,000 square feet and more being greater than many racing 10-tonners, and the latter over 1,300 square feet more than 'Freda' or 'Nora's' sail-spread. What she might have done as a prize-winner it is impossible to say, for she never reached her station. Coming from the eastward, she put into Southampton to effect some small repairs, and after remaining there a few days, on May 4, with her owner Mr. Payton, her designer, and a crew of three men on board, left for Belfast. It appeared that shortly after passing Dublin Bay--for she did not put into Kingstown, as might have been expected--her owner must have intended to make the best of his way up Channel, but, unhappily, terrible weather set in about the night of the 12th, and the general opinion was that, from some weakness in or lack of roping, the trysail was burst up, and that becoming unmanageable, or through her crew having been swept overboard, the yacht was driven on to the sands off