unusual importance owner ' to every 1X1 kel • - • ' In announcing it <"We w ill build a motor car fo r the great mul­ titude. I t w ill be large enough fo r the family, but small enough fo r the individual to run an d care for. I t w ill be constrsscted o f the best materials, by the best men to be hired, after the simplest designs modern engineering can divise,i But it The new Ford w ill sell a t a low price w ill be so low in price that no man making a good salary w iil be unable to own one.1 “The new Ford has unusual speed for a low-price car because present-day conditions require unusual speed. ««The world moves more; quickly than it used to. There are only so many hours jn the day and there ism u ch to be done. • «If I were starting in business today, or asked to restate my policy, I would not change one Sentence or one word o f that original announcement. In plain, simple language it gives the reason for the very existence o f the Ford Motor Company and explains its growth. “Fifty arid sixty miles an hour are desired today where thirty and forty would have satis­ fied in 1908. So w e are giving you this new speed. "I n THE last nineteen years w e have made 15,000,000 Ford cats and added to the world nearly 300,000,000 mobile horse-power. Yet I do not consider the machines which bear my name simply os machines. I trice them as con­ crete evidence o f the working out o f a theory o f business which I hope is something more than a theory o f business —a theory that looks toward making this world a better place in which to live. " x «The Model T Ford car was a pioneer. There was no conscious public need o f motor cars when w e first conceived it. There were few good roads and only the ^adventurous few could be induced to buy an automobile. «The Ford car biased die way for the motor industry and started the movement for good roads. It broke down the barriers o f time and distance and helped to place education within the reach o f a lt It gave people more leisure. It helped people everywhere to do more and better work in less time and enjoy doing it. It did a great deal, I am sure, to promote the growth and progress o f this country. “W c ate still proud o f die record, o f the Model T Ford car. If w ew er e not, w e would not have continued to manufacture k so long. But 1927 is not 1908. It is not 1915. It is not even 1926. _ • . JPe have built a new car to meet modem conditions «W e realise that conditions in this country have so greatly changed in the last few years that further refinement in motor car con­ struction is desirable. So w e have built a new • «Every part o f it bias been tested and re­ tested. There is no ¿guessing as to whether it w ill be a successful model. It has to be. There is no way it can escape being so, for it represents the sum total o f all w e have learned about motor car building in the making o f • « 15,000,000 automobiles. X ^ l INETEEN years ago w e made and sold the first Model T Ford car. to the public w e said: ** Quiet a n d smooth-running a t a ll speeds 9 «The new Ford w ill ride comfortably at fifty and sixty , miles an hour. It has actually done sixty-five miles an hour in road tests. car. T o put it simply— w e have built a new and different Ford to meet new and different conditions. “W e believe the new Ford car, which will be Officially announced on Friday o f this week, is as great an improvement in motor car build­ ing.as the Model T Fold was in 1908. Sm art new low lines a n d beautiful colors • “The new Ford is more than a car for the requirements o f today. It goes farther than that. It anticipates the~peeds o f 1928, o f 1929, o f 1930. “The new Ford car is radically different from Model T. Yet the basic Ford principles of economy o f production and quality o f prod­ uct liave been retained. There is nothing quite like the new Ford anywhere in quality andj>rice. “The new Ford has exceptional beauty of line and color because beauty o f line and color has come to be considered, and I think rightly, a necessity in a motor car today. Equally important is the mechanical beauty o f the engine. Let os not forget this mechanical beauty when w e consider the beauty o f the* , “Since modern conditions demand more speed, they also demand better brakes to bal­ ance this speed. So w e are giving you four- whqel brakes in the new Ford. x «The new Ford w ill be quiet and smooth­ running at all speeds and you w ill find it even easier to handle in traffic, than the old Model T Ford. “The new Ford has durability because dura­ bility is the very heart o f motor car value. The Ford car has always been known as a car that wjll take you there and bring you back. The new Ford w ill not only do that, but it will do it in good style. You w ill be proud of “The price o f the new Ford is low in accor­ dance with the established Ford policy. I hold that it is better to sell a large nu/nber o f cars at a reasonably small margin o f profit than to. sell a few cars at a large margin o f profit. “W e never forget that people w ho buy Ford cars are the people w ho helped to make this business big. It fias always been our policy to share our profits with our customers. In one year our profits were so much larger than w e expected that w e voluntarily returned $50 to each purchaser o f a car. W e could never have done that if this business had been conducted for the sole benefit o f stockholders rather than to render service to the public. “N o other automobile can duplicate the new Ford car at the Ford price because no ocher manufacturer does business the way w e do. “JFe make our own steel— we make our own glass__ w e m ine our own coal— we make virtually every p a r t used in the Ford car. But we do not charge a profit on any o f these items or from these operations. We would not be playing fa ir w ith the public i f we d id so. Our only business is the automobile business. Our only profit is on the automobile we sell. “ W e are able J sell this new Ford car at a low price because w e have found new ways to give you greater value without a great increase the new Ford. in our own costs. "T his “W e did not set out to make a new car to sell at such-and-such a figure. W e decided on the kind o f car wo wanted to make apd then new Ford car has not been planned and made in a day. O ur, engineers began work on it several years ago arid it has been in my mind much longer than that. W e make automobiles quickly when w e get in produc­ tion. But we take a long time planning them. Nothing can hurry us in that. W e spent new Ford. ’ FORD MOTOR COMPANY M f r o l t , M ic h ig a n found ways to produce it at a low price. “The new Ford car, as I have said, w ill be officially announced on Friday o f this week. In appearance, in performance, in comfort, in safety, in all that goes to make a good car, it will bear out everything I have said here. W e consider it our most important contribution thus far to the progress o f the motor industry, to the prosperity o f the country, and to the d a ily w e lfa r e o f millions o f people.” ? i