HENRY FORD

New Zealand Times, Volume L, Issue 11650, 15 October 1923, Page 8

HENRY FORD

ASPIRING TO PRESIDENCY? WAR PROFITS TO BE RETURNED TO GOVERNMENT. MILLIONS OF DOLLARS. By Telegraph.—Press Assn.—CopyrigW. Australian and N.Z. Cable Association. (Received October 14, 5.5 p.m.) NEW YORK, October 13. The Washington correspondent of the “New York Times” says: “What are considered undoubted Bigns that Mr Henry Ford intends to make a serious contest for the Presidency have just appeared. It is reported from Detroit that Mr Ford will return to the Government many millions of dollars, representing the profits made during the war on submarine chasers, arms, etc., which were manufactured in the various Ford plants. Mr Ford has also launched an attack on Mr J. W. Weeks, Secretary for War, in connection with a vast water power project, which tbe manufacturer wished to purchase from the Government, and which Mr Weeks opposed. “ACUTE BUSINESS SENSE.” The correspondent sayß: “President Harding had assurances that Mr Ford would: not aspire to the Presidency against him, but it is understood that Mr Ford is not on very friendly terms with President Coolidge. There can be no question that Mr Ford would command a vast amount of popular support, the public believing that he possesses an acute business sense, which, if applied to the government of the country, would solve many problems.”