Description given with photo: "Losing Money on Flying Boat, Says Hughes, Culver City, Calif.: Howard Hughes (center, facing camera) makes his first appearance before the press since the start of the senate investigation into his multi-million dollar plane contracts. Hughes said the government is getting its $18,000,000 worth out of his big, eight-engined flying boat but he's losing money. the plane has yet to be flown. Credit (ACME). 7-30-47."
Description given with photograph: "Hughes sets new transcontinental transport mark. Floyd Bennet Field, NY--- Howard Hughes, millionaire flier, setting his famous round-the-world transport plane down here, early August 20th, after a record-smashing flight from Los Angeles. Hughes and three companions completed the trip in 10 hours 32 minutes and 20 seconds, shattering the record of 11 hours and five minutes set four years ago by Tommy Tomlinson. The flight was made most of the way in the substratosphere at an average altitude of 17, 000 feet. Credit Line ACME."
A view of Howard Hughes (right) being asked about his controversial XF-11 photo reconnaissance plane by Senator Harry Cain (left), Republican of Washington, in Culver City, California. An unidentified man sits between the two.