Word: lighter-than-air
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...Lighter-than-air craft have frequently been downed by lightning-memorably in the National Balloon Races of 1928 when three bags were fired by bolts. Dirigibles with metal framework are less subject to the hazard, although one Zeppelin was wrecked by lightning over the North Sea during...
When the Graf Zeppelin flew the world last summer, air-minded U. S. financiers blinked interested eyes at the potentialities in lighter-than-air travel. Foremost among the blinkers was Charles Edwin Mitchell, board chairman of National City Bank. While public excitement died down after the accomplishment of the Graf, he kept the financial pot simmering, aroused potent protagonists. In October 1929, International Zeppelin Transport Corp. was incorporated under the laws of Delaware...
Besides these there were three new, surprise donations, for which Daniel Guggenheim gave yet another $500,000 last week: 1) $250,000 to the City of Akron (if the city raises a like amount) for an Airship Institute, to study lighter-than-air problems under supervision of the California Institute of Technology; 2) $140,000 for a Chair of Aeronautics in the Library of Congress; 3) the balance to some southern university for an aeronautical school. Which southern university will get the money depends upon the proved enterprise of its faculty...
...names of the Americans are important. Paul Weeks Litchfield is chief of the U. S. lighter-than-air ship industry. He began with Goodyear Tire & Rubber Co. in 1900 as a factory superintendent and built Goodyear's first tire with his own hands. Before the War he persuaded Goodyear's Founder-President Frank A. Seiberling to build spherical balloons for the U. S. air services. Before, during and since the War, Mr. Litchfield built sausage balloons and nonrigid dirigibles (blimps; for the Army and Navy. In 1924 he and Edward G. Wilmer, Mr. Seiberling's successor as Goodyear president, were...
Once there were 88 U. S. motor car manufacturers. Now there are 47. Mishaps and mergers reduced the number. Analogous has been the career of the aviation industry during the rapid past three years of its expansion. There are about 350 makers of airplanes, five of lighter-than-air craft, 30 of motors. Those concerns too have had their mishaps and mergers, especially mergers. The majority of them now belong to what until last week were four groups?United Aircraft & Transport, Aviation Corp., Curtiss-Keys, and "Hoyt." Last week the Curtiss and "Hoyt" groups merged...