The Mt. Sterling advocate., 1922-09-12
foRp poesN,r KNOW WORTH

FOHO bOEoNt NNOW WOhl0
Henry Ford believes he has the
greatest personally controlled organi-
zation in the world, and that, barring
several corporations. such as United
Steel and General Motors, his only
rival is Hugo SHINES, the German
Industrial magnate. But he will not
admit that the Steel and General Mo-
tors are wealthier than the Ford Mo-
tor Company and its holdings.
When Mr.. Ford recently was asked
how much capital the company had
in the banks of the country, he re-
piled:
well, ] Just can't say offhand, but
within $15OOO0,0OO or so. II should
be somewhere around $17O,OOO,O 1000"
He tells his friends that the Ford
Motor Company is worth something
like $7OO,000,OO0 as it stands today,
and that outside of that he personal
ly owns iron mines, timber lands,
coal mines, railroads, boats, glass
and tire motories, many part indus
tries and imitation leather factories,
his latest venture in the Licoln Mo-
tor Company, as well as the Dearbon
Independent and his vast real estate
holdings throughout the country.
He does not know what he is worth
and he does not care. His one alb
sorbing interest in his huge organ
ization, and he takes great pride in
the personal control which he main
tains. Day and night he figures on
schemes to enlarge this huge organ
ization--not with the idea of getting
any credit for himself, but simply for
the game"
His friends say he is easily sway
ed by others to whom he is attracted.
Since the close of the war, Ford
it is said, has been greatly interested
in Hugo Shines and admires him
more than any other man in the pub
born in fairly prosperous circum-
stances, and both had vision Each
seized the idea and rose to astonish-
ing heights in remarkably short
time. Today both men are interested
in nearly the same things-newspa-
pers, banks, mines. railroads, auto
mobiles and the personal organiza-
tions they have built up.
Ford's friends say that his one alb
sorbing concern today is to further
his control, but that he feels that if
the people want him as their accred-
tied leader in the White House he
can do much good, and also that he
can increase his prestige immeasur-
ably as president and will then be in
direct control of the greatest organi-
zation in the world-110,000,0 900 peO-
pleas far as it is possible for any
man to control them.
To Detroiters. who have watched
Ford's progress during the last five
years, it has been apparent that he
wants to be known as the man who
personally does things for his organ
ization and does not leave the work
to executives. They cite the welfare
and Americanization work he has
done among his employees, his endow
ment of the $3,O0O,OO0 Henry Ford
hospital there, his dealings with his
labor, and his determination to aid
the criminal who has been released
from jail.
Ford, it is known, looks forward
to the day when he can produce his
automobiles from the earth to a fin
ished car without the help of any
other corporation or individual-with-
out a single part from anyone. With
this end in view he has built his own
steel mills to handle his own iron;
bought his own forest, coal mines, |
railroads, boats, tire plants, rubber
plantations and other units. When
he is able to do this single handed he
will be willing 20 quit, it is said, and
rest. His friends say it will not be
many years before he reaches the
goal he has set.
Stetson Hats at Walsh's. Fall