The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1921-09-25

pub''s fsssfSlns fei,t ,.,ss 3isss shs
failHs5R oi9i5st tett11 ht1icf. he
-eAt =--seA4ef ~. knew nsufs
about miracles than about railroads
began a~tirihntink fo Henry Ford the
working ~ n miracle In The manage
ment o. the tictfuIt. Triede 4 lf'onfun
railroad. Wide publicity was given
70 rtrufts that NJ had takeh a prop
ery which was muflbuud physically
and bankrupt Financially. waved his
meaician's wand osrr u. ana within
. few yrtEs. - a fsW moaihs ~ the
q converted II into 4 nne riop9rty
phyeicaflS y a hirno rrc<peroua
properly financially a iArec part OF
Ale puelic believed these reports. II
apparently 4rru from them the In
Terence not nnlr that Ma. Word paa
a Hnuiua. bot that the manascrs ~
Wpzt OF the railways wero iuccuape-
tfnta. IL they Wcrc moi incumrefente,
why did thef not do with the ether
niiHn,s what he had done with the
Detroit. Toledo x fronten
The Railway Ase han m counts az
70 whether even AR. lufd could strike
me stone Of railroad operation aud
mako floods Of profits immediately
burst forth. lie has demonstrated IN
the monufactufine business that In
certain ways he Is one Of the greatest
Heuiukte Of the age. His success IL
III ---rsnnhtie bn.tnens has hoan
such ~ 70 indicate thai n there "a
any man In any ilne OF business IN thst
country who could step into the rail-
business and o gain eatfa-
ordinary results. " n Henry Ford.
We were somewhat skcptlcai. how
ever. an 20 whether II was possible
WITHIN The short Time he had owned
the II. 7. 4 !. for even AIR. Ford 10
work such q miracle as was attributed
10 him. Therefore. ssa have made
our OWL investigation Of the facts
we sent two o. u editors 10 setroa
% call upon the men MI. Ford has
In direct charge Of the man.
nEement Of his railroad and ASKED
them what they have zone and what
they have Obtained. Bo Il
TO their credit that Mr.. Ferris
representatives OF the u. T. q r. were
pnrtsctly frank. They answered a.
them.
The results of the Investigation
upon tho ground and OF a study
the ohlcinl figures regarding the
operations Of tho ID. 7. & /. are given
IN an article elsewhere Ia ehis issue.
Tho facts show that under INC Ford
management the financial results OF
Detroit. Toledo < frDnton have
been very greatly improved. they
slso show that no miracle has been
The results obtained thus
ar have been due almost entirely 10
circumstance hat the ownership
Of The Detroit. Toledo a Ironton has
been ucqulrcd By one OF the largest
manufacturers In the country, and
Mr. Ford has used his position
a very large shipper In the countr
10 do things ON the ID. 7. a 1. which
he nor anybody else could
have done without being such a large
The Dctroi,. 'roledo & rronton now
has much the same Relationship 10 the
Ford Motor Car dompany thnt the
Duluth a Iron Range. the Duluth
Afissabe a Northern and the Baazemer
\ Lake Erie have 10 the United states
steel corporation. These steel cor
pofation railways have been for many
years among the most prosperous
railways Ia America. They have been
very well managed, but their pros
has been larEnly due TO the
Iact that they AVE been owned by
an industrial conceru which controls.
vast moun OF freight.
The facts about the Detroit. Toledo
& .Ironton may DO summarized as fol-
Mr. Ford bought Il In August,
1879. He assumed complete control