Word: patterson
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Dates: during 1940-1949
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...dour railroad man, no old-line ship operator, but shrewd, realistic, ultra-air-minded William Allan Patterson, President of United Air Lines, rose up last week to say that a lot of talk about the future of the airplane...
Peppery Mr. Patterson told the Namal Industrial Conference Board that the post-war airplane will not put older slower transportation forms out of business. This assertion collides head on with Grover Loening's breezy statement last May that 45,000 planes of the bomber type that Henry Ford is building could handle the 500 billion ton-miles of freight carried last year by the railroads...
...Patterson, with United's research department and years of experience with freight traffic behind him, comes up with a different set of figures. Not 45,000 planes, says he, but a fantastic 600,000. Any such fleet would need 2.5 million pilots, a total airline personnel of 20,000,000, plus 122 billion gallons of gasoline per year-two and one-half times the world's pre-war gasoline cracking capacity...
...factors that Patterson's seasoned traffic experts have considered and others must have overlooked...
Backstopping their ethereal hopes were some concrete facts: Ferdinand Hoyt is the nominee of two parties (Democratic & American Labor); he has been endorsed by War Under Secretary Robert Patterson, Navy Under Secretary James Forrestal, both of whom vote in Fish's district; Fish won two years ago by only a 9,000-vote plurality (usually his plurality is 20 to 30 thousand); Fish has been publicly repudiated by his Party's gubernatorial candidate, Thomas E. Dewey...