[The Age of Big Business by Burton J. Hendrick]@TWC D-Link bookThe Age of Big Business CHAPTER VII 29/32
He has spurned all solicitations to join combinations.
Far from asking tariff favors he has entered European markets and undersold English, French, and German makers on their own ground.
Instead of taking advantage of a great public demand to increase his prices, Ford has continuously lowered them.
Though his idealism may have led him into an occasional personal absurdity, as a business man he may be taken as the full flower of American manufacturing genius. Possibly America, as a consequence of universal war, is advancing to a higher state of industrial organization; but an economic system is not entirely evil that produces such an industry as that which has made the automobile the servant of millions of Americans. BIBLIOGRAPHICAL NOTE The materials are abundant for the history of American industry in the last fifty years.
They exist largely in the form of official documents. Any one ambitious of studying this subject in great detail should consult, first of all, the catalogs issued by that very valuable institution, the Government Printing Office.
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