The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-11-30
IS AN OPTIMIST
Prominent Auto Manufacturer
Thinks Good Times Coming.

M. j. Budlong, whose experience in the
automobile industry dates from its IN
ception. and wiho was recently honored by
being placed at the head of the Association
of Licensed Automobile Manufacturers. is
very optimistic regarding the future well
fare of the automobile. In an interview
recently, the first since he entered on his
new duties, he seemed to feel that not
withstanding the present financial situa-
ton. that by spring (Which is the logical
season in the sale of cars) the tmos-
phere would be entirely cleared and the
general situation In better shape than
heretofore. In part he said:
THAT the speculations and frenzied
finance of a few are to disrupt the
economic conditions of the country is
preposterous. There are too many sound
and sane fnanciers of the old school to
allow the disruption of the country credit
and by mid-winter or early spring entire
confidence will be restored. Business will
increase and the sale of cars of the right
kind will continue as in the past.
There Is no doubt in my mind that the
manufacturers or dealers of cars built
solely to effect z quick sale. without
are In a v9fy precarious condition. The
day of the car that is only built for a
season Is past; Look back to the
ago and see the great number that are in
use today. These are the cars whose
makers were the pioneers of the industry,
various cars that were exhibited at the
Garden show-all of which were made by
the members OF the Association of Licensed
Automobile Manufacturers. Note the sta
bility OF each type, the standard methods
employed in construction, the strength.
workmanship and style. That these cars
Is unquestioned. 1t has not been a matter
of chance or luck that the group Of
licensed cars are superior in quality and
Workmanship to any other cars in the
world. 1t has been the result of time,
thought and cooperation. The efforts and
aim OF the mechanical branch have re-
suited in the construction of the ideal
car, and through this branch alone can
the high standard Of American cars be
maintained. Compare the cars made by
the branch with aA other group and
predict what the result of a depression
in the industry would mean.
THE calamity bowler and pessimistic
prophet is ever abroad, but he has no
place In the ranks of an honest and Intelli-
spring the weather conditions gave a
momentary setback to the trade in one
city. and the industry was Immediately
stirred to action, but with what result?
More business has been done this yeaG
than ever before. The ratio over last years
business is greater than the one before,
and next year Will convince every manu-
facturer and dealer that the motor car in
dustry has come to stay. In 1904 there
was $24, 500, 900 worth of automobiles sold;
1905, $42,0 00,0 900; 1906, $S9, 100000 while up to
November |, this year, 100000 worth
were sold, showing an increase of $19, 900, .
900 fer the ten months of this year over
that of the entire year of 1906. This sure
ly does not indicate lack Of interest in
the market for a h~igh-grade car, and /
feel certain that If sound business pril-
ciples, essential to every commercial en-
terprlse, are observed. the ensuing year
will find the industry established on a
tirmer basis than ever before.
LAS to shows, / do not feel that the full
effect of the early shows can be realized
so soon. The result was so far beyond
the expectations of the most optimistic of
-a. 49, -
should be given before the early show IS
condemned. I I'm positive that had not
the depressed condition of the money mar
ket prevailed the records of the show last
January would have been eclipsed this
year. As 1t was. over 81. 10000 900 worth Of
business was done by the thirty-two mem
be-s of the licensed association and the
electric vehicle makers who exhibit each
year with us. The attendance, too, was but
10 per cent. lower than the seventh national
show.