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Sunday, June 10, 2012

Don't Let Your Money Fly Away: A 1909 Warning to Airship Investors | Paleofuture

Don't Let Your Money Fly Away: A 1909 Warning to Airship Investors | Paleofuture: "Today, new futuristic-looking technologies often attract investors hoping to make gobs of money. And airships of the past were no different. In the first few decades of the 20th century people scrambled to figure out how they might cash in on these exciting new inventions, which were slowly beginning to prove themselves technologically reliable.

But not everyone thought that commercial flight was a good investment. The January 2, 1909, issue of Literary Digest re-published portions of a December 10, 1908 editorial in Engineering News under the headline, “A Warning to Air-Ship Investors.”"

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