The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-02-01
BY KARL A. BIcKEL.

General News Manager United Press.
Copyright, 1921, by the United Press)
Detroit, Mich. Feb. Henry
Ford today believes che is sitting on
| the top of the world"
/ In the secIusion of his country
home at Dearborn. Ford is laying
plans to meet changes in the indus
! trial world which he believes are COM
ing, with innovations as surprising as
those by which he startled the bust
| ness world eight years ago. Henry
Ford is far from bankrupt.
The gigantic $500, 100000 Ford Mo-
( tor company is not in any danger of
/ being absorbed by the General Mo-
/ tors.
| More Changes Soon.
| There will be more changes in the
! personnel of the higher executive staff
of the Ford company shortly. There
will not be any representative of
wall street bankers" sitting on the
directorate with a veto power over
Ford's expenditures.
Ford is in the market for money
but at Henry Ford's own terms only.
Six propositions have been made to
him by New York and Boston finan-
cial groups. Another was made yes
terday by a well known New York
b bond and investment house. Others,
1nClUuInR pFOpOSlIlOH lIOIu q MlCDl-
gan syndicate are expected to be made
in the next few days.
Wall Street Turned Down.
One restrictive proposition, made by
famous New York house, resulted
in its representative being CURLY Of
fered his hat and shown the door.
Another which provided for an issue
of 500, 100000 fifteen-year s per cent
bonds, to be sold at par and to net
Ford 9SZ was likewise rejected.
Ford is in no hurry to close a loan.
If any financiers who do not like
Ford for either business reasons or
for racial reasons, should attempt a
squeeze play Ford knows he could.
if necessary, stop all production at
his plants and simply wait until con-
ditions adjusted themselves to suit
him.
There is no doubt that Ford's at
lacks upon the Jewish international
onism in Jewish quarters and have
had a tendency to aggravate the sit
uation.
Others Do the WORRYING.
+ But Ford is ready to meet this an
tagonism. He expected it.
There are the true facts today in the
greatest rdustrial-financial situation
ever developed in a single nanufac-
turing enterprise A thoro, direct in
vestigation covering the last few weeks
revealed that other people do most of
the worrying for Henry Ford.
A whirlwind of wild rumors and
excited stories prevalent thruout the
country. have entirely passed over
Henry Ford's head. He is the most
secluded man in America. The pope
in the vatican or Woodrow Wilson in
the White House never succeeded In
surrounding himself with a more i'm
pregnable wall against all corners, z
Works on Problems at Home :;
In his library at his home at Dear
born. whe,e he is seen by only a few
of his most trusted advisers, he is
working out the problems that he
finds facing his properties. There is
but one way to reach him and that is
thru the offices of his general secre-
tary. Z. G.. Liebold, and against this
serene unimpressionable barrier.
countless men who believe they have
business with Ford, have struggled in
vain for weeks.
casionally, since F. J. Klingen-
smith, former general manager of the
Ford organization, left the company.
Ford drops in at the Highland Park
plant for q few moments His COM
ings are unheralded. The highest ex-
ecutives at the Highland Park plant
do not know when to expect him, or
at whose offices he will appear.
Has Ample Resources.
Ford Believes he has ample re-
sources to clear up all outstanding
obligations without operating his plant
if it is necessary. AS a final expedi-