When the Graf Zeppelin flew the world last summer, air-minded U. S. financiers blinked interested eyes at the potentialities in lighter-than-air travel. Foremost among the blinkers was Charles Edwin Mitchell, board chairman of National City Bank. While public excitement died down after the accomplishment of the Graf, he kept the financial pot simmering, aroused potent protagonists. In October 1929, International Zeppelin Transport Corp. was incorporated under the laws of Delaware.
Last week the Grafs commander, busy Dr. Hugo Eckener, arrived in Manhattan from Germany. He was closeted with Banker Mitchell. They...