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."
Howard Hughes talking to unidentified men who are presumably members of the press most likely about his completion of his Round the World flight in New York City, New York.
From left to right: a picture of John Walsh, Joe Cunningham, Dante Vespignani, Milt Wiers, John Fadgen, Mayor William Taylor (light jacket), Councilman Jack Petitti (second from right), Pete Green, Joe Mindyas, and James Johnson at a ribbon cutting ceremony in North Las Vegas City Hall.