It has been fifty years since I was involved with this issue, but something that was done in the '50's & '60's, was to find an excellent original Ford-Made two-blade fan and cut 1" off the end of the blade. This did not reduce the efficiency of the air-pull or reduce the efficiency of the cooling. But what it did do, was reduce the weight of the fan and reduced some of the centrifugal 'G' force at the end of the blades. After the fan blades were cut down (1" on each blade) the fan was then spun balanced, filing off metal on the heavy end, to get a perfect balance.
While this amendment certainly did not guarantee a trouble-free fan, with the reduced 'G' force, it did significantly reduce the probability of a blade flying off. Also, with the reduced weight and reduced 'G' force, it also helped reduce wear on the impeller shaft.
A side note about the two-blade fan verses the four-blade fan - a side benefit of a two-blade fan blade, was the easier removal / work on the water-pump - with the radiator not needing to be fully removed from the car.
While I still have this original cut-down blade on my original '28 Phaeton, I have up-dated this idea on my late '31 Dlx. Coupe with the modern six-blade "composite plastic" fan with aluminum hub.