The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1923-02-23
THE FORD OFFER"


good deal OF 'watchiul waiting.
Nevertheless the development plan
for the great project started dur'nl
the war. are going on-though tn
progress is rather slow. Eeven SO
some day Muscle Shoals will be II
harness. pulling its load for the Soutl
much in the same way that Magyar
is carrying the power situation IN ~
section Oh the North. 1t IS well TO re
member that i, took at least six day.
TO make the wOrid-and some say
longer.
Mr. Ford has furnished number oi
thrills for the country IN connection
with his wish to obtain Muscle Shoals
At the outset the great engineering
attempt on the Tennessee River was
pictured as "wastage OF war" Some
how. no, explained the impression
prevailed throughout the country that
the great water power development;
would be cast IN she Junk heap BY
nhe Government Henry Ford Their
argecd with the rest OF the world that
such a thing would be a monumental
shame. and he Offered 20 rake what
his rare business vision told him was
a big prize. A good many sky rockets
mostly OF a verbal nature. wen. ~
in celebration OF the entry OF the De
triot Don Quixotc upon the scene. Bur
when the actual physical investigation
followed there was disi'iusi0nmcni,
because il turned OFT that the property
had cost the United States Govern
rnent Sl07. 10000. and that II even
had scrap value OF three times the
amount that Mr. Ford had offered for
,,. But explained the Ford advocates.
when il was shown that their Offer
was ridiculous. viewed as a business
proposition. we will arrange the way
for the development OF Muscle Shoals
without any expense to the United
States" \ few more muffled SKY rock |
cts were sent heayerward. before the I
Ford people came down again 10
Mother Earth and agreed 10 another
cold analysis of facts. which showed
that in order TO carry out the terms
OF Mr.. Ford. the Government would
be required to cxpend SsOO00.OO0 at
Muscle Shoals. i, was at this stage
and Mr.. Edison visited Muscle Shoals
and while m the South the Detroi,
It the proceedings that MIR. Ford
proposed the issuance
by the United States Government OF
energy currency" or paper money
10 meet tn obligations imposed on the (
government II il accepted his offer
This came at about the time German ]
marks were furnishing and ohiec, :
essen Of the instability of energy I
urrcnoy. and the scheme for ia,
money fell without fireworks to illume $
n absentia of enthusiasm. Advocate "
I Mr. Ford's Muscle Shoals promo g
al FASTENED to apply the soft-pedal to o
is fiat currency scheme. II
Hut. presto change. there was an "
ther way out. From the archives n. u
lie Ford works there was produced III
ne OF those fascinating interest-earn. II
z tables by which !, can be easily 81
owed that a single dollar II com. pc
FUNDED often enough. would have 81
rned sufficient money TO buy rhe nc
NIB and the whole works Of Tn m
nkhamen II 4 modern loan shark IN
d arrenged even so small a niece IN
business three thousand years ago IN
Nc Ford advocates showed how sim. N
u would be TO produce the needed Sc
'ney to complete Muscle Shoals H.
to evidence their generosity in the er
tier they explained that with s.. WI
LOO. which is the exten, Of the real up
'ney they have proposed % M. :
that process OF amortization
ald make the amour, equal to the
'""'VVo advanced by the Govern
IT. at the end of a hundred years
y never have intima,ed that they
nd put up the fifty millions.
hundred years in the future.
ms good while to mos, mer
htsy-and most Senators and
feSen'auvcs register around TN,
k--So when Ford offer was fig.,r
'u' again che men on Capitol un
"a no, see much 10 i, thar was
TO happen IN their lifetime ~
ford's and he is now sixiv New.
eieSs, a new tack was taker 70
a man OF Mr.. Ford's quality re-
&C. determination. courge and
ed effectiveness experiment with
making of fertilizer, they plead
d be an enormous benefi, 10 ~,
try. All the ordinary rules II prn-
should be thrown aside. The
menf is that Mr.. Ford is 4 So,
super-man and that in DEALING
him all the bars should be t..