Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1922-11-15
(Rr iIrnited Press. }

Ford keeps bank balance of $780,
OOO,OOO.
Ford admits he doesn't know how
much he is worth-not within several
millions. He is generally credited with
being a Millionaire.
| Ford will make the current year,
according to the best information,
100000. His taxes run into the
millions.
Ford has made his vast fortune
along the lines of peace-automobiles
for pleasure or business tractors for
farm cultivation.
Fora differs from Sir Basil lara
hoff, Europe's richest man, in that
Ford's money was made along paths
of peace; Zarahoff's those of war.
There is nothing mysterious about
Henry Ford. In 1903, Ford admits he
had nothing. Today the Ford Motor
Company, ownership of which is en-
tirely within the Ford family, could be
capitalized at two billion and pay 5
per cent on the capitalization, accord
ing to experts. Ford's daily income
when his factories are running fCll
blast, is estimated at 100000.
Contrasted with Zarahoff, Europe's
man of mystery, the richest man in
America shuns even appearance of
mystery. Tall, slender, gray of hair
and Of eye, he has rather neutral
personality when in repose. He talks
freely to reporters, encourages news
paper men 10 call on him, tells them
his aims and how he makes his money.
He prints his own paper, the Dear
born Independent" to air views that
no one else will print.
Ford believes in the simple life. He
has travelled little and don't think
much of the little. He lives quietly
with his experimental laboratories,
takes pride in his money, his auto, his
tractor and his family.
Ford is good deal like John ID.
Rockefeller in one trait-the desire TO
absolutely control the materials which
go into his product and take the pro-
fit for himself. That is why Ford owns
the Detroit, Toledo and Ironton r. r.,
road which facilitates shipment Of
motor cars and coal from mines which
he owns in Kentucky and West Nir-
ginia He also controls the Imperial
IRON mine located at Ishpeming, Mich.
Ford's business ideals, rs dictated
by himself, are:
l. Disregard competition.
2. Think service before profit.
3. Buy material fairly and manufac
ture with the smallest addition to
cost.
In these three rules alone, Ford sees
the key to success.
In spite of the keenness of his bus
mess intellect, Ford "has notions" as
they say down in Michigan.
He has always held that the cause
of war is gold" which evil he claims
can be recttied by issuing paper cur
rency based upon the natural resourc-
es OF the country.
In his effort to purchase Muscle
Shoals from the government Tor the
purpose OF manufacturing nitrate,
Ford repeatedly pointed out a possible
way for the government TO finance his
plan by recommending that interest
bearing notes to the extent of the re-
CURED $4O,00O,000 be issued in green
backs" based upon the potential cam
ing power OF the plant.
FordI has conducted a bitter cam
paign against the international jew
which seems to be largely mythical
figure centralizing greed Of gold.
Ford within two years, has bitterly
attacked Wall Street, which he has re-
peatedly charged with "feecing an 10
norant and defenceless public
On the other hand, the enemies OF
Ford, and he has quite few. say ne
concentrates his entire attention on
the accumulation of gold and his bit
terest criticisms of Wall Street came
about the time he was Temporarily
pinched for cash and Wall Street wal /
ed everything but Ford's shirt for Sc
curity. -
Ford doesn't believe in miscella-
neous charity. You never see his name
in the Its of big donors to public cauS-
es. They say in Detroit that ne IS noI
generally looked upon as good material
for community touches" HIS 50
minimum to Ford labor was regarded
as both real charity and good ouSl-
ness. o,.
Ford hasn't let much Of his money
90 into politics, either in spite oil ms
campaign for senator, which endeo III
the courts. h.,
Ford aroused general interest, wnen'
:. tofs bo cont the "Ucace ship" to
Furope to get the boys out OF the
trenches by Christmas. OF course ne
didn't get them out, but he ala get
a lot Of advertising Of one KIND or
At home. Henry Ford is a pleasing,
quiet personality, apparently lL"'lN
and sincere and is ready listener
He seldom holidays and when ne
does he enters into the sport with an
his energy. His trips are usually tax
on with Thomas Edison, and wheh
burroughs. famous naturalist was
alive. these three made up hapP!
trio in holiday season.
Every year, like three school Doys'
Rnrrouehs. Edison and Ford went
camping in an old tent in the w .3.yis
where thew chopped wood, built taelG IL,
own fire and cooked their o"" i0O0
on the shore of some quiet lake.
Al home. Henry Ford nyariaoly re-
- ~ o :, M or before, rising about