Thread: Edsel History
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Old 05-20-2020, 11:50 AM   #16
40 Deluxe
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Join Date: May 2010
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Default Re: Edsel History

Quote:
Originally Posted by Dobie Gillis View Post
Henry was a skinflint of epic renown. He had to be dragged kicking and screaming to the Model A. It's surprising how easily he warmed up to the V8 idea, but Chebby was really kickin' his behind by then so he had to do it. The rest is history.

From what I've read, Henry was not "a skinflint of epic renown". He built a large hospital in Detroit which is still in operation. He raised wages to $5 a day, higher than other factories. He provided schools and gardens for his workers. He put profits back into the company to expand and improve operations. He lived on a large luxurious estate. He had a winter home in the south. He spent large amounts of money on various personal whims. These are not the characteristics of a "skinflint"!

He apparently did get set in his ways and felt that the Model T was good enough for his customers. By the time the Model A came about he was over 60 years old. Look at how many 60 year-olds today are "old codgers", set in their ways!
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