Business & Finance: Trippe Bats One

In Manhattan last week Juan Terry Trippe, president of Pan American Airways, made a significant speech; in London Viscount Edward George William Tyrwhitt Knollys (rhymes with moles), Governor of Bermuda, got a big new job.

The two news items were closely linked. Mr. Trippe warmly advocated that the U.S. should aid British postwar commercial aviation. World War I Flyer Knollys became chairman of British Overseas Airways Corp. in a Government-sponsored reorganization designed to make Britain a major factor in postwar aviation.

The same thing that hurried the British into action worried Juan Trippe into speechmaking: military strategy has concentrated British...

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