It could also be a schnooner from 1933, but they think it's 'the Monticello' that ran aground in 1862 evading the Navy during the Civil War! How cool!

Anyone know this line?
William: You dumb bastard *hahaha*, it's not a schooner, it's a sailboat.
Kid: A schooner IS a sailboat, stupid head!
William: YOU KNOW WHAT?!? There is NO Easter Bunny! Over there, that's just a guy in a suit!
