The investors did not do badly, however. An investment of ten thousand dollars when the company was first established produced a return of twenty-five million dollars.
A few years later, another group of investors offered Ford one thousand million dollars for the company. But he was not interested in selling. He wanted complete control of the company that had his name. In a sense, Henry Ford was the company.
FRANK OLIVER: Henry's son, Edsel, was named president of the company before nineteen twenty. No one truly believed that Edsel was running the company. Whatever Edsel said, people believed he was speaking for his father.
In nineteen twenty-three, fifty-seven percent of the cars produced in America were Model T Fords. About half the cars produced in the world were Fords. Taxicabs in Hong Kong. Most of the cars in South America. Never before -- or since -- has one car company so controlled world car production.
STEVE EMBER: The success of the Ford Motor Company permitted Henry Ford to work on other projects.
He became a newspaper publisher. He bought a railway. He built airplanes. He helped build a hospital. He even ran for the United States Senate.
German diplomats award Henry Ford, center, Nazi Germany's highest award for foreigners, the Grand Cross of the German Eagle, in Detroit on July, 30, 1938
Some of Henry's projects were almost unbelievable. For example, he tried to end World War One by sailing to Europe with a group of peace supporters.
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