Harvard captured its third McMillan Cup, for the Intercollegiate Large Boat competition, in June 22-24, 1938, off Osterville, Massachusetts, as Brown, MIT, Pennsylvania, and Trinity competed for the first time under a reorganized ICYRA. John F. Kennedy ’40, with a crew of James Rousmaniere ’40 and Edward B. Hutton ’39 sailed one Harvard boat, while P. Loring Reed, Jr. ’40 and the 35th president’s elder brother, Joseph P. Kennedy, Jr. ’38, divided the other skipper assignment. The Crimson topped a 10-college field, heavy with captains later to achieve yachting renown, by 114 ½ points to Dartmouth’s 107 and Williams’ 106 ¼.