Royal Naval College, Osborne place somewhere other than the Royal Naval College, Dartmouth. The Civil Lord of the Admiralty, Ernest Pretyman, asked the House of Commons for an increase of £400,000 in Vote 10 of the Navy Estimates for 1903–1904. He said that King Edward had indicated that he wished to present Osborne House and its grounds to the nation, thus providing "a most admirable site, in a situation second to none" for a naval establishment. Pretyman went on to explain that several new buildings were needed, and he hoped they would be ready by August. There would be a large gymnasium and recreation
HMY Britannia (Royal Cutter Yacht) cost was £8,300 and like "Valkyrie II", "Britannia" was built at the D&W Henderson shipyard in Patrick on the River Clyde. With two such highly important commissions underway in the same yard, Watson delegated his protégé James Rennie Barnett to oversee both yachts. "Britannia" was launched on 20 April 1893, a week ahead of "Valkyrie II" and joined a fleet of first class cutters that was growing fast as others followed the royal lead. In a highly competitive fleet, "Britannia" soon set about achieving the race results which would eventually establish her as the most successful racing yacht of all