Pynchon & Company

robinlandseadel at comcast.net robinlandseadel at comcast.net
Tue Nov 6 09:48:38 CST 2007


>From Time Magazine, Monday, Nov. 04, 1929

U. S. bankers have anticipated by at least two years the commercial transoceanic 
operation of dirigibles. As expected (TIME, Sept. 16), Manhattan's National City 
Bank interests organized the International Zeppelin Transport Corp. It will 
operate German-built dirigibles between Europe, North America, South America. 
National City's Chairman. Charles Edwin Mitchell was at sea last week, returning 
from a conference with Dr. Eckener and President Jakob Goldschmidt of the 
Darmstadter and National Bank. He had Dr. Eckener's declaration that a year will 
be necessary to enlarge the Zeppelin Works at Friedrichshafen and another year 
to produce the first regular trans-Atlantic airship.

The other forecast in incorporation (TIME, Sept. 16) was that of Pacific 
Zeppelin Transport Co. Ltd., by Grayson Mallet-Prevost Murphy (Goodyear Tire & 
Rubber financial adviser), Lehman Bros., W. A. Harriman & Co. and Pynchon & Co. 
It will operate Goodyear-built zeppelins from the Pacific Coast to Hawaii. 
If traffic warrants it will go to the Philippines. But not until at least 1933, 
after the Navy ships are finished, can Goodyear-Zeppelin build anything 
for this new operating company.

ttp://www.time.com/time/magazine/article/0,9171,787538-2,00.html



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