Word: edseleers
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...Edsel Ford. To Edsel Ford, only child of Henry Ford, and President of the Ford Motor Co., the Chicago Journal of Commerce imputed credit for Henry Ford's face-about: "It seems reasonable to suspect that Edsel Ford has had a hand in these evolutions and revolutions. Edsel has given a general impression of steadiness, of balance. In this respect he has been much unlike his brilliant father. Ordinarily a poor man, grown rich, must take pains so that his son shall not be spoiled. In the case of the Fords the procedure has been reversed. . . . Meanwhile Edsel Ford, growing...
Rumor Discounted. Edsel Ford promptly declared: "No statement as to the details of the new cars has been made by the Ford Motor Co. As a matter of actual fact, the specifications for the new models are not yet complete and it would be impossible for anyone, even in the Ford organization, to discuss them with accuracy and with authority...
...Boston he paid the Massachusetts Commissioner of Corporations (Henry F. Long) $10* as a filing fee and the report became the tidbit of public prattle. The annual statement, composed of a few hundred arabic numerals, naturally told nothing of the internal affairs of the Ford Motor Co. President Edsel B. Ford and his father and mother still make that their private business. They own all the outstanding shares-172,645, of the company's 1,000,000 shares, and they can chat of their yearly earnings over the dinner table. So none will tell what they drew as last...
...Billion. In 1916, Partner John W. Prentiss of Hornblower & Weeks met Henry Ford in Detroit. Said Mr. Ford: "Oh, you are one of those Wall Street guys." Mr. Prentiss offered him a half billion dollars for his concern. Mr. Ford laughed at him. In 1924 Mr. Prentiss offered Edsel Ford a billion dollars. Edsel Ford refused him. In 1925 were repeated both offer and refusal. Early this year Mr. Prentiss heard that the Fords might recapitalize. Edsel Ford denied this...
Last week in a hotel ballroom in Detroit, was continued the tax suit whereby Secretary of the Treasury Mellon hopes to take some $34,000,000 from Senator James Couzem and the other Ford stockholders who sold out to Henry and Edsel Ford in 1919 (TiME, Jan. 17). Young Alexander W. Gregg, chief counsel for the Government, waged a highly technical battle with the defense attorneys among some 10,000 exhibits. But the public eye centred on that exhibit which told of the earnings of the Ford Motor Co. from 1904 to 1919. The figures...