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
Many a motor car today owes its ownership to the teachings of Franklin.
Many an automobile buyer would never have become one had he not heeded
Franklin’s injunction, to “Remember, a patch on your coat and money in
your pocket is better and more creditable than a writ on your back and
no money to take it off,” and the investor would not have put money
in stocks of automobile companies if he had not learned the truth of
Franklin’s teaching that “Money makes money, and the money that money
makes, makes more money.”
Franklin having done what he could to prepare American citizens to
economize and save against the day of the automobile, and to invest
their money in its manufacture, and the American citizen having
followed his teachings and accumulated enough to buy at least a Ford,
and perhaps a few shares of automobile company stocks, the man appeared
who produced the first gasoline automobile in the United States. That
man was Charles E. Duryea. His reputation rests on the fact that,
though there were steam and electric automobiles in existence, and the
gasoline motor had been developed, he was the first to put gasoline
motor and buggy body into co-ordination and make the first run the
second. To Duryea, the constructor of the “buggy-aut,” is accorded the
credit, by automobile history, of being the father of the American
gasoline car.
Following Duryea by only one year, came the genius who put into
general circulation the universal car.
A reading of Henry Ford’s biography discloses that his first idea, that
the big money was in production in quantity—that a million articles
sold at a profit of 50 cents each was a better paying transaction
than ten thousand sold at $3.00 each—was in connection with a watch.
Watches and clocks were the first things that Ford subjected to the
mechanical promptings of his boyish mind, and he had it all planned out
to make a 50-cent watch before Ingersoll had conceived the commercial
possibilities of a dollar one.
Public-domain text, read in full here on John Shaqi.
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