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"Mr. Hughes wants to see you." I made my third journey to the Ambassador Hotel, and this time he hired me. Salary: $10,000 a year.
"What do I do?" he asked. "Pay you a year's salary in advance?"
I was astonished at his lack of knowledge of elementary business practice. "Most of your workers are paid every week -- executives probably semi-monthly," I said. "Tell the boys at the plant to put me on the executive payroll."
That was the start. It was Thanksgiving Day*, 1925." Source The Amazing Mr. Hughes Noah Dietrich, 1972
[Hughes] "I want the Nixons to have the money," he said briskly.
[Dietrich] "Do you know how much is involved?" I asked.
The amount seemed unimportant to him.
[Hughes] "It's all right. Let 'em have it."
So I had the $205,000 transferred from the Hughes Tool Company Canadian subsidiary and turned the money over to a lawyer.
I had no difficulty in obtaining an appointment with the Vice-President. He was extremely cordial and showed me around his office, pointing out mementos of his visits to foreign lands. Then we sat down for a serious talk.
"About the loan to Donald," I began, "Hughes has authorized it, and Donald can have it. I realize that it involves a loan to your brother and not to you. But I feel compelled to tell you what's on my mind. If this loan becomes public information, it could mean the end of your political career. And I don't believe that it can be kept secret."
He responded immediately, perhaps having anticipated what I had said.
"Mr. Dietrich," he said, "I have to put my relatives ahead of my career." Nothing further was said about the subject.
Something curious happened one month after the loan was made. The Internal Revenue Service made a reversal and ruled that the Howard Hughes Medical Foundation was entitled to tax-exempt status. The request for tax exemption had twice been refused by the IRS and the Treasury Department. But in early 1957, Howard was able to win that status for his foundation, which owned all the stock in Hughes Aircraft."
originally posted by: SayonaraJupiter
Here is a news story about jet drones from 1955. This is another example that Howard Hughes was 50 years ahead of his time.
In 1953, the company was recruited to lead the development of America’s first ICBM. Starting with the initial design by Convair, the multi-corporate team launched Atlas in 1957 after some spectacular failures. It flew its full range in 1958, and was adapted to fly the Mercury astronauts into orbit. TRW also led development of the Titan missile, which was later adapted to fly the Gemini missions.
At the end of January 1940, Hudsons were the first aircraft in RAF Coastal Command to be fitted with air to surface vessel (ASV) radar, which was to prove so effective against sub-marines when trying to locate them at night and in bad weather.
“While the Hughes flight is a remarkable tribute to powerful and reliable motors,” noted the July 23, 1938 Science News Letter, “it is to this robot navigation computer that much of the success of the flight is credited. No matter how well a plane may fly, or how easily, it matters little if the navigators cannot, at all times, exactly fix the plane’s position and plot the proper direction over distances of thousands of miles.”
originally posted by: hrmorels
Thank you for this thread, I have been looking into the gemstones for some time know and I now think that maybe I was going about it in the wrong direction, instead of Onassis , I am turning my attention to Hughes. Great source material once again thank you!
originally posted by: starwarsisreal
a reply to: SayonaraJupiter
Since you asked me to talk about Hughes in this thread, I wonder how would Hughes react to today's world and social issues if wakes up from cryosleep?
As a man ahead of his time he would probably foresaw the possibility of a nuclear war or even a pandemic.