Home › F › Ford (HENRY an American capitalist)

Ford (HENRY an American capitalist)

HENRY, an American capitalist and philanthropist, born at Greenfield, Mich., in 1863. After attending a trade and moved to Detroit to secure emtrade and moved to Detroit to secure employment. After securing notable suc HENRY FORD cesses in his vocation he became chief engineer of the Edison Illuminating Co. and in 1903 organized the Ford Motor Co., which became the largest automobile company in the world. In the conduct of his plant he achieved great success his employees, granting them high wages, making them pr profit-sharers in the plant, and maintaining for their benefit hospitals and schools. In 1915 which attempted to influence the belligerent powers to end the World War. After the war he was among the first FORD to announce a reduction in the prices of his goods in order to reduce the high cost of living. He was defeated for the United States Senate in 1918 by Truman H. Newberry.