Description given with photograph: "Hughes' streamlined Stratoliner groomed for record dash. Glendale, Calif.-- With customary secrecy, Howard Hughes, millionaire oilman and speed-flier, is reported to be grooming his new $250,000, four-motored, streamlined Stratoliner(above) for another record-breaking transcontinental flight from Glendale, Calif., to New York. Hughes made the headlines some time ago when he broke the transcontinental record in a smaller ship. The new craft is pictured just before a trial flight at Glendale."
Typed onto a piece of paper attached to the image: "Howard Hughes and his four companions honored at the National Press Club. Howard Hughes is speaking, with Mayor La Guardia and Secretary of State Cordell Hull at lower right. July 1938."