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Word: pajalich (lookup in dictionary) (lookup stats)
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...cost and profit from the sale of parts. In 1919 its parts profits were $80,000,000. Now there are 12,000,000 Fords on the road which need supplies. Wealthy Fools. It is "folly to make fools wealthy," Henry Ford told his inventor, Italian-born Antonio Felix Pajalich, asserts the inventor in a $1,750,000 royalty suit filed at Detroit. Labor. In the Ford plants the assistance of skilled labor was not needed in 1913, nor is it needed today, said Leone Faurote, engineer. A common laborer can be trained to operate the machinery in three days...

Author: /time Magazine | Title: Business: Ford Saga | 2/28/1927 | See Source »

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