He made Model T and its rivals
standard equipment for the American family.
He had contrived to pay the highest wages in history
and to become, after John D. Rockefeller,
the nation's second billionaire
and, at the height of his success,
he was the richest man on earth.
In 1924 the four leading European car producers
turned out only
11 percent of the cars manufactured in America.
By the end of the decade 13 percent.
The American working class had acquired
the freedom of movement
denied to European workers
for another thirty years or more.
standard equipment for the American family.
He had contrived to pay the highest wages in history
and to become, after John D. Rockefeller,
the nation's second billionaire
and, at the height of his success,
he was the richest man on earth.
In 1924 the four leading European car producers
turned out only
11 percent of the cars manufactured in America.
By the end of the decade 13 percent.
The American working class had acquired
the freedom of movement
denied to European workers
for another thirty years or more.