Framed chromolithograph picturing Sir Thomas Lipton, self made man, tea-merchant and founder of Lipton Tea, philanthropist and yachtsman. Sir Thomas became admired as 'the best of all losers' for his gracious and gentlemanly manner of defeat as he contested and lost 5 straight Americas cups in his yacht 'Shamrock', a standing record for failure in that contest. Inducted into the America's Cup Hall of Fame in 1993 he also inaugurated the Sir Thomas Lipton trophy, a forerunner of the football World Cup.

He was admitted to the Royal Yacht Squadron shortly before his death, a great achievement for the son of an itinerant labourer born in a Gorbals tenement.