Word: edsel
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Dates: during 1930-1939
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...While his son Edsel was making banking news last week (see p. 42), Henry...
...banks never should have been closed, that they were and still are solvent, that Manhattan bankers, Senator Couzens, the R. F. C. or rival motor makers had stupidly if not maliciously kept Detroit from getting back her banks. Three weeks ago the one-man grand jury recessed to give Edsel Ford a chance to negotiate in peace for formation of a new bank. Last week it recessed again with news that he had virtually succeeded...
Next to Henry and Edsel Ford, the Czechoslovak family of Bat'a (pro- nounced Bahtya) continue to be the world's most vigorous "Fordizers." Fifty-seven years ago the spouse of a poor cobbler in Zlin bore Thomas Bat'a. In a heroic life of mechanized striving he made Zlin the "Shoe Capital" of Europe. Because, like Henry Ford, he profoundly mistrusted financiers, Thomas Bat'a took fanatical care to remain the First Working Partner in a partnership which embraced all his employes. No one outside the partnership may own Bat'a stock. In Zlin...
...never told of her husband's death. Died. Horace H. Rackham, 74, Detroit attorney and charitarian; in Ann Arbor, Mich. Disregarding the advice of bankers, he mortgaged his real estate, borrowed $5,000, took 50 shares in the Ford Motor Co. in 1903. In 1919, Henry and Edsel Ford bought...
...part they were, not combined, but erected. More recently he has apparently reversed his intent. As early as 1929 he disposed of his railroad. Last week he was actively dickering for the sale of his retail finance company, Universal Credit Corp. Ernest Kanzler, its president, brother-in-law of Edsel Ford (Kanzler and the younger Ford married the Sisters Clay, nieces of J. L. Hudson, founder of Detroit's biggest department store), was closeted dealing with officers of Commercial Investment Trust...