Story of the automobile: Its history and development from 1760 to 1917: With an analysis of the standing and prospects of the automobile industry — John Shaqi
Story of the automobile: Its history and development from 1760 to 1917: With an analysis of the standing and prospects of the automobile industryBarber, H. L. (Herbert Lee)
History
Story of the automobile: Its history and development from 1760 to 1917: With an analysis of the standing and prospects of the automobile industry
Barber, H. L. (Herbert Lee)
Automobiles -- History
And the success of the automobile industry in the measure and with the
speed it has achieved verifies not only this claim I have made and
maintained, but confirms my contention of the value of co-operation.
I have preached co-operation as urgently as I have advocated, as the
best objects of investment, the value of things used popularly and in
quantities.
The “Story of the Automobile” could not have had written into it the
glamour of the golden guerdons of Golconda but for Ford’s idea of
quantity production, reinforced by co-operative standardization of
parts. Co-operation between the manufacturers produced standardization,
and standardization enabled quantity production, and the low price
which quantity consumption warranted has caused automobiles to be
bought by millions, and the purchase of the automobile in millions,
instead of thousands, has made the hundreds of millions of dividends
which this wonderful mine of profits has yielded.
The “Story of the Automobile” is one of the best and most notable
proofs of two of my convictions bedded in the concrete of experience,
namely, that the most promising investments are those made in natural
resources and enterprises which the largest number of people can
patronize, and that co-operation is one of the most effective forces
in nature, and, therefore, applicable to the affairs of men as a
beneficent influence, and, if efficient, the handmaiden of success.
The story of the automobile has herein been treated in a way that not
only presents a graphic relation of the automobile’s development as an
invention, its commercialization, its benefits to man and the position
it occupies as a notable example of earning power, but in a manner that
develops the many morals taught by its success. The method of treatment
of the subject matter is uncommon, and, for this reason, interesting, I
trust, to those who read the book.
The chapter contributed by Mr. Edward G. Westlake, automobile editor
of the _Chicago Evening Post_, is a resume of automobile conditions
from the intimate viewpoint of a writer who has specialized in the
automobile, and enjoys a deserved reputation as the dean of the
automobile editors of the daily newspaper press. Every one interested
in automobiles will derive information and entertainment through
reading Mr. Westlake’s presentation of the amazing features of
automobile industrial figures. In it he states interesting facts not
stated elsewhere in the volume.
The book’s interest and value as a contribution to automobile
literature, of which there is not much in book form, would be less
than they are, but for the participation in its preparation by the
Business Bourse International, Inc., New York, whose vice-president,
Mr. J. George Frederick, is one of the highest authorities on business
economics.
Public-domain text, read in full here on John Shaqi.
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