In 1912, following several financially difficult years for the New York Nautical School, America’s first Maritime Academy, founded 1874, the New York City Board of Education, the school's steward since its inception, had had enough and decided to throw in the towel. The Board of Education moved to petition the New York State Government for permission to abandon its unusual school and return the training ship, the auxiliary sailing gunboat, USS Newport, to the Navy. Consequently, at the beginning of 1913, the school’s Alumni Association, which had been in existence for ten years, stepped in. A coalition of interests supporting the school was assembled by the Alumni Association.