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Ford's Philosophy and Ford's Wage Rise In Industrial Rally
Henry Ford spoke at a major industrial and financial gathering outlining that current recession stems from underconsumption, not overproduction. He urged higher wages to boost purchasing power and urged price adjustments to raise real wages, noting most goods are overpriced and money in workers' hands drives prosperity. Ford cited rising factory output and announced wage increases for steel plant workers as part of a broader housing project initiative in Paris.
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Henry
Ford
America
Henry Ford
Stoen
Gan’ Bs Rage
Paris