[Remark: the Bluenose defeats challenger "Elsie".] Halifax, Nova Scotia (22/10/1921): Bluenose and Elsie moving out to sea, Bluenose takes lead. Various shots of schooners at sea. CU of Captain Marty Welch of the Elsie. Shot of Captain Angus Walters and crew aboard the victorious Bluenose. [Titles interspersed]