The America Cup.

United Press Association.— By Electric Telegraph.— Copyright. London, May 16. Th« New York Sun states that Sir Thomas Lipton has commissioned Mr Fife Watson to build a challenger for the America Cup for 1905. Both nations intend to build true yachts, and not racing machines. (Sir Thomas Lipton recently encfuired whether tho New York Yacht Club would accept a challenge under measurement rules similar to those used by British yachting clubs, and the reply is reported to have indicated the willingness of the defending club to consider the matter. Sir Thomas had found it to be the consensus of opinion in British yachting circles that if the conditions of chtaJlenging were not altered it would be impossible for a challenger to ever lift the Cup. The conditions of the construction were becoming more and more exaggerated, resulting in freak racing machines of the Reliance type which made the crossing of thlo Atlantic a very serious handicap. So Sir Thomas enquired whether British measurement .rules would be accepted, involving a measurement of the girth of the vessel, instead of taking no account of certain girth measurements of the ship's body. A limitation of the enormous sail area is also thought to Jbe desirable, in fact, What is wanted Is to have contest between real yachts, instead of racing exaggerations.)