WHERE AMERICA LEADS

New Zealand Herald, Volume LX, Issue 18460, 25 July 1923, Page 9

WHERE AMERICA LEADS

USE OF THE MOTOR-CAR.. HUGE . OUTLAY" ON ROADS. A. and N.Z. ; LONDON. July 23. Sir Eric Geddes, presiding at a meeting to celebrate the 35th . anniversary of the invention of the Dunlop pneumatic tyre, said? the world now possessed 15 000,000 motor-cars, of which the United States had 12,000,009. "; /'. ; ': " ; ,The. capital invested in the motor;industry in the United, States was equal to the total capital invested in the. iron and steel' industry. ../.•■,:• / ; V ' The United States, Sir Erie proceeded, had spent more' on new roads during the last 25 years than the total; capital of all kinds vested in railways. With the improvements of brakes and non-skid tyres the . speed-limit law was , becoming ludicrous. Improvement and : classification ot roads would ; lead ■ to the abolition of the speed limit. The British motor tyre industry was suffering from American competition ; also competition from France and other countries with depreciated currency." /'..•'■' '■"; y^ :: ' ' '■' '';