Transcribed from attached press release: "LITTLE BIT Only an inch and a quarter in diameter, this "microbit" enables engineers at the Hughes Tool Company, Houston, Texas, to estimate the performance of full-size bits for the oil drilling industry. The company operates the largest testing laboratory of its kind anywhere in the world and produces thousands of rock bits necessary to drill deeper and deeper as the world's shallow oil wells have become exhausted. Howard Hughes terms the Hughes Tool company the "keystone" of his industrial empire."
The black and white view of a crowd of people surrounding the Lockheed 14 aircraft at the Le Bourget Airfield in France. Text printed on accompanying strip of paper: "Howard Hughes' Lockheed surrounded by a great crowd at Le Bourget Field, Paris, as his crew disembarked after their flight from New York. July 1938."