The black and white view of Howard Hughes, Mayor La Guerdia, and Grover Whalen leaving City Hall through a parade dedicated to the completion of Hughes' Round the World flight in New York City, New York.

Transcribed from back of photo: "Howard Hughes in the cockpit of the new XF-11 reconnaissance plane which he designed and built in conjuntion with Air Material Command engineers. He is preparing for its first flight. One of the world's fastest long-range photo planes, it can attain a speed of over 400 miles per hour."

The view of a crowd consisting of thousands of people who attended a parade that celebrated Howard Hughes completion of his flight Around the World in New York City.

The view of a crowd consisting of thousands of people who attended a parade that celebrated Howard Hughes completion of his flight Around the World in New York City.

Howard Hughes on a ladder, climbing into the XF-11. A police officer is seen in the background.

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."

A view of the near-fatal crash of Howard Hughes' XF-11 in Culver City, California.