Word: edsels
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...directors of the Group to carry distress loans of officers and employes; $3,384,000 paid by a group of stockholders to buy 18,800 shares of Group stock as relief for the Guardian Detroit Co.; $1,000,000 in cash and $5,000,000 in securities lent by Edsel Ford to help the same company; $4,000,000 paid by individual stockholders to buy 93,000 shares of the Group's stock to keep the decline of its price from scaring the public; $2,500,000 credit lent by Edsel Ford to secure a loan for the Group...
...admissions, showing that prior to statement dates various banks of the group arranged to make deposits with one another so as to wipe out "bills payable" for a few days-window dressing to prevent depositors from catching fright. Meantime other officers of the defunct banking group, including Ernest Kanzler, Edsel Ford's brother-in-law, sat squirming in their chairs. None of Detroit's industrial elite under subpoena felt any easier as two agents of the Department of Justice stood in the shadows and noted down any admissions which could be used as a basis for criminal prosecutions...
Thus did Henry Ford break precedents. He and Edsel Ford do not drink beer and he has never permitted his employes to drink or smoke. Second innovation was to show his new model ahead of other automakers instead of several weeks after. Next day he broke a third precedent. He talked to all his 7,000 dealers and their salesmen simultaneously by long distance telephone...
...Duke" (Headmaster George Van Sant-voord) might be, they wanted no more of him. They were fed up with the classroom tyrannies. Besides, Students Wetter and Newberry were not doing well in their studies. With Students Wetter and Newberry roomed another boy: Henry Ford II, son of Edsel. They had told him their plan but he did not want to run away to sea. So they went alone, donning their loudest socks and most "collegiate" suits, taking between them $46 pocket money. They knew they would be missed at dinner, but once past the dining hall they were on their...
...Edsel Ford told me he would never put into effect anything that looked like collective bargaining," grimly remarked General Johnson. "As soon as I have a clear-cut violation of the code, I will act. I will turn the case over to the Attorney General...