New-York tribune., 1922-12-23
Ford Expansion
Promises Jobs
For Thousands
Automobile Manufactures
Announces 10000, 900
Chicago Plant as First of
Big Building Program
Experts Seek New Sites
Money Made To Be Put
Back in the Business,
Officials at Detroit Say

DETROIT, Dec. 20 (By The Asso-
elated Press) Henry Toru decision
to construct a S5.Ooo,OOO plant near
Chicago for the building Of automobile
bodies and assembling Of automobiles
Is only n step in a gigantic program
on the part Of the Ford Motor Com
pany "that will rank as one Of tho
greatest industrial Developments the
world ever has seem" authorities at
the Ford company ofiees here stated
to-day.
$50 long as Mr.. Ford lives" II was
said, this expansion program is 10 70
on. The fundamental idea back OF the
whole scheme Is to create more Jobs.
SO long "a there Is a possibility Of
putting more men at work the Ford
policy will be to build more plants"
New Orleans Plant Started
II was pointed out that other de-
velopmsnt projects have been under
taken recently by the Ford Company,
including the start Of a great indus
trial plant az New Orleans, a eontem
plated unit az 81. Louis, and water
power development az ST. Paul. Land
along the river at ST. Louis now is
being condemned with the idea OF
placing a Ford plant or plants there, II
was said.
Mr. Ford has no idea Of withdrawing
from Detroit, II was mndo clear. His
fesNarauNa - NEtn gfNaH 4. l.. 4
hub In a great wheel Of Industry that
he eventually hopes 20 cover many
cities In the country.
In this connection 70 was recalled
that the statement was made at tho
Ford offices sometime ago that a corps
Of engineers and other experts In the
employ Of the Ford concern were on
the lookout constantly for sites that
might be adapted 20 the oompany's
needs. Water power and other sites
are being serutinized closely. Coal
mine properties are being examined
This Is being done with the expansion
idea always in mind, IL was made
known.
Asked how FAR the Ford develop
ment program might 90, persons in
authority OF the company ohiees re-
piled:
Would Provide More Jobs
"Mr. Ford himself doesn't even
know. He does feel, however, that az
fast nc he makes money he Is morally
bound 10 put that money back into
business 70 provide more families With
incomes and 70 enhance the prosperity
Of the entire country. The Ford de-
velopment will 90 on just as Ions. as
business conditions make II possible.
The Chicago project, as announced
last night, includes the erection OF a
sevonty-acre tract at Hegewiseh, on the
Calumet River and Nickel Plate Rail.
road, Of four-unlt plant, each unit OF
which will cost s1,500000. Sixteen
thousand men will be employed AZ The
start. The first unit is 70 be IN opera
tlon By next May, according 20 Chicago
adviees confirmed to-day AZ the Ford
Offices here.
Henry Ford is negotiating for the
purchase Of the coal lands, mining
properties and equipment Of the Pond
Creek Coal Company, In Pike County,
Ky., according 20 an announcement
Yesterday by 7. B. Davis. president.
Negotiations will be completei before
the end Of the year, he said.
$4,000 Acres Involved
Mr.. Davis issued a statement con
cerning the negotiations "in view OF
the rumors that have been current IN
the press and IN order that his own
stockholders might be correctly. IN.
formed as 10 what was transpiring.
Negotiations with representatives OF
the Ford interests have been going on
for several days, he said. All OF the
Pond Greek Compsny's lands ana
equipment In Pike County are con
cerned IN tho pending transaction. me
company o.Fns in fee approximately
5000 acres, and holds the mineral
rights In $4,000 acres. Production IN
1921 amounted 70 Sl6,SS2 tons, =,
Reports that the Ford Interests nave
been seeking control Of the company
has been the cause Of active speeuIa.
tion In the shares Of the coal company
for the last week. Yesterdays trans,
actions resulted In net advance OF
az points, the stock mounting 70
4 al. 4