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Actually, Whaler used a variety of woods, all Mahogany-esque. Philippine mahogany is not really Mahogany nor is a specific species, it is a generic term for a variety of species of woods that look very much like true Mahogany.

Other names of the woods known as Philippine are Lauan and Meranti.

Spanish Cedar was used in early Whalers and it too was very Mahogany-esque.

Comments from early Boston Whaler catalogs (written, most likely, by Dick Fisher himself):

"The term mahogany where used in the folder refers to any of several woods including African and Philippine mahogany that are handsome and suitable"

"Where it best suits the purpose, wood is used, and it is handsome varnished mahogany, except for the casting platform on the Sakkonet which is painted pine. For the benefit of the Dept. of Commerce busybodies, mahogany means any wood we elect so to name. Don't worry about this, the wood is good; you might vote more thoughtfully however."