Word: aircraft
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Dates: during 1930-1939
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Washington, March 7--Legislation desired by the United Aircraft and Transport Co. was rushed through the Senate in 1930 after the air line hired Lehr Fess, lawyer son of Simeon Fess. Republican, Ohio, to "expedite" it, Col. Paul H. Henderson, vice president of the company testified today...
Viewing with displeasure the fact that of the 26 domestic airmail contracts awarded by Postmaster Brown's administration, 24 fell into the hands of Aviation Corp. (13), United Aircraft (6), North American (5), Mr. Farley declared: "At the time of the passage of the Watres Act in 1930 there were many reasonably well-established air transport passenger lines desirous of obtaining airmail contracts which received no consideration whatsoever." He further charged that of the $78,000,000 given in 1930-33 to airmail carriers, $46,800,000 had been paid in excess, since the subsidy was based on wasteful...
Army. The House Committee had already learned that Consolidated Aircraft Corp. of Buffalo had profited so greatly on an order of Army ships that the Army had asked for and received 50 additional planes delivered for $1 each. Star witness last week was James V. Martin, eccentric inventor of Garden City, L. I. Mr. Martin charged that "this nation for 17 years has been the victim of a gigantic, insidious conspiracy by a small group of banking brokers" who robbed the Government of 75? of every dollar spent on military aviation. The trust, said he, was composed of Curtiss-Wright...
...Mare Island Navy Yard; in 1924 an instructor at the Naval War College at Newport. From that post he was assigned to the Bureau of Aeronautics at Washington, a circumstance that gave a major twist to his career. Soon after he was sent to San Diego, given the aircraft carrier Langley and made commander of the aircraft squadron of the battle fleet. In that post he was credited with doing a masterful job in whipping the Navy's air force into an effective fighting unit. After a year he was made a rear admiral, but in spite...
...extraordinary gathering that approved such a modest financial report. It included George J. Mead, director of United Aircraft, who last month told a Senate Committee how his $207 investment zoomed to a paper profit of $7,800,000; Glenn L. Martin, builder of swift Army bombers; Commander Jerome Clarke Hunsaker, builder of Navy airships and head of Massachusetts Institute of Technology's department of mechanical engineering; Dr. Theodor von Karman, famed Hungarian aerodynamicist in charge of aeronautics research at California Tech; Willis Ray Gregg, new No. 1 U. S. Weatherman; Elmer A. Sperry of gyroscope fame and many...