The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1932-02-29

the United Press, following the
revelation that he Is stalking mil
lions on new models In the belief
that the country is ready to buy
real values, Ford made these frank
declarations:
Hoover should be rejected an
order to capitalize on the ext ri
ences Of his first four years In the
White House."
prohibition Is q necessity of the
industrial age and must and will
be maintained.
The high links and racketeering
Of boy bankers' are over, and with
return to Fundamental banking
principles" business will revive.
Ford urged Hoover's reelection
because he has done @ first class
job, and as the result of his ex-
perience he ought to be OF real SER
vice to the country"
1T takes a man four years to
become thoroughly familiar with
such a job as being president"
Ford said. And there is every
reason to believe. as a result of that
experience that he would do a bet
ter Job in the next four years."
Ford told me his views on poll
tics, business and prohibition while
he sat fitting his chair back refiec-
lively, in his experimental labora-
tory at Dearborn. These subjects,
1t was easy to see, interest him de-
spite the pressure of plans to start
manufacturing 100000 automo-
biles this year.
Most Of the high jinks Of f.
nancing Is over and hope we have
- ~ l. 80 H. ~ -
ing in high finance" Ford declared,
In our discussion Of the business
outlook. UNLESS we are pretty
sure we have, there is no use try.
ing to do much. People are still
is absolutely sound. do not say
that In a Pollyanna sense"
"Mr Hoover has done more than
he Is given credit for. He was one
of the first to warn the country Of
coming disaster. Soon after his
election and before ne took Office,
he conferred with Andrew Mellon,
and the result was a series of warn
ings to the country. Were the
warnings needed, they were not"
Ford explained that the warnings
he had In mind were principally
the efforts made in the spring and
summer of 1929 through the feder-
al reserve system to tighten credit
and put the brakes on stock mar
ket speculation.
The Detroit industrialist outlined
his formula for business recovery
as follows:
"A lot of people seem to expect
that the kind of business they
knew previous to 1929 will return.
/ am sure business will return but
not that kind of business. Easy
times are over for long time in
this country.
1.-THE only way this country can
keep its head above water and
come through safe Is for everyone
to start what he can where he Is
and to keep doing the best he
knows as long as he can. That Is
what makes. better conditions"
Ford Is unwavering in his faith
In prohibition.
1--WE have put 1t in the Constitu-
ton and we will never take 1t out"
he said. THE country couldn't
run with 1t out now. That is the
Industrial fact.
1.-THE human fact Is this: the
United States Is out in the country.
The real centers of our nations are
the small towns. The plain people
and all the housewives are for per-
sonal freedom from liquor"
Detroit, Feb 29-(UP)-The
Ford VS. automobile will sell at
approximately the same price as
the model A or only slightly high
err, preliminary reports on costs In
dictate, according to the company
headquarters. The new four will
sell for approximately 800 less
than the VS.. The present model
A ranges from $448 to secs, deliv-
cred in Detroit.