For some reason a bunch of people on the web have misidentified this as a 1934 photo of Rainbow, which is just silly; presumably it was next to a Rainbow photo at some point and people got confused about which caption went with which image.
But no; this is a famous photo of the racing schooner Westward taken in 1910, shortly after she was launched. Designed by Nat Herreshoff, skippered by Charlie Barr, photographed by Frank William Beken.
Those were the days. If you’re gonna have robber barons, at least you can also have amazing boats.
A nice article about Westward is available as a PDF.
Reposted from http://ift.tt/1hnL2gi.