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 printed on photograph's accompanying sheet of paper: "Howard Hughes and his crew of globe girdlers (L-to-R) Thomas Thurlow, Ed Lund, Albert Lodwick, Hughes, Harry Connor and Dick Stoddart. 8-1-38. (Press Association)." Howard Hughes is standing third from the left.
Typed onto a piece of paper attached to the image: "Attending a banquet in honor of Howard Hughes were L to R: Mayor Frank Shaw of Los Angeles, Howard Hughes, Will Hays, and Gov. Frank Merriam."