Transport: Pinched Penny

With no fuss, feathers, din or dither, U. S. aviation this week came completely under control of the new Civil Aeronautics Authority. Before that, it had been the concern of an assortment of Federal agencies. One of Washington's most sprawled-out bureaus, CAA took up its quarters partly in the Bureau of Air Commerce, partly in the Bureau of Air Mail, partly in rooms rented over Childs Restaurant on Pennsylvania Avenue.

Just before CAA took over, the Post Office Department had to award contracts for several new airmail lines. Average Government subsidy for carrying the mail, during the four years since airmail contracts...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!