Word: fording
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Months ago Henry Ford offered to lease all three plants for 100 years, making an initial payment of $5,000,000 and paying installments that may aggregate $214,000,000. The offer was placed before Congress. It is still there. Nothing has been done...
Last month the Alabama Power Co. finally demanded that the plant be sold to it or taken off. Secretary of War Weeks (in charge of Muscle Shoals) notified Mr. Ford and Mr. Ford kept silence. On Sept. 24 the Gorgas plant was sold to the Power Co. under the terms of the contract...
Secretary Weeks asked Mr. Ford if his offer would stand for the remainder of the Muscle Shoals project, with this difference: that the $3,500,000 received for the Gorgas plant be deducted from Mr. Ford's initial payment...
Last week an official statement came from Mr. Ford's office...
...Ford Philippic. "My offer stands before Congress, and I shall not have any further dealings with John W. Weeks. . . . Long ago Mr. Weeks matured in his mind the plan to break up Muscle Shoals and dispose of it piecemeal. . . . This plan was formed by John W. Weeks for the purpose, as he thought, of injuring Henry Ford. . . . But the injury has shot past Henry Ford and has landed on the farmers. . . The only thing I could do at Muscle Shoals which I am not now able to do elsewhere would be to make fertilizer for the farmer. And that...