Show 0 TOR C CR A ICES BOUND 0 GO HIGHER Labor and MateW Mateal Mate Mate- late 1 I W fl al Costs Complicate Situa- Situa o n American Autos CornI Corn Coin Com I I re re e With Best European I t he e retail cost of or passenger cars truck in general Is going up The ent nt car shortage c coupled with high trIal trial prices is almost certain to toI I prices higher his in the tho opinion of oC o c close to the situation A new Jule dulc ule is to become effective e in Jan- Jan 1 Cost exports e in nearl every dry cry h are at work trying to new ew price schedules and k keep ep the thease ease aso ase to the thc lowest possible figure ure fare are ar finding the task a difficult Prosperous 1 buyers desiring to place placers rs rs for tor spring are obliged etl to sign which Is subject to an inse inse in in- se se in price if it comes to date dato ell cry The The- industry however is isled led ed d for a t. t most prosperous year present increasing demand for tor au- au will continue for at least leasther leasther her year rear according to expert Despite frequent predictions pre dur- dur the past ten years cars that the limit sales soles was about to be bo no development of oC an Indus- Indus tt or financial situation can mally ma- ma ally lly curtail automobile production lie e fact that production will bo be bol l led d during durine- the coming year is an nation catlon of ot the tho existing edstine- demand for forr forr r r cars The greatest trouble tho the 1 manufacturer faces at present Is he quality of ot goods and the un- un led ed help belp available American In- In Ity In machine production has done flora ders in this direction but it is isad ad nd d denial that even with the utIn utin ut- ut tIn in machine equipment skilled men produce better work than un- un ed A Handicap p a a. handicap American n cars being b f g ma maui manufactured ui u on a b basis sl- sl of Uy ty t comparable to any in the world foreign car although it Is the expensive because it is produced d ly ily by hand han is no longer lons-er tho best o mew new phase of ot automobile finance e ie readiness of oC bankers through- through ho country countr to accept the automo- automo business on even cven terms with tho the thet f t and most established staple InICE in- in rles ies ICE Time was was and and not very ery I ago when ago when bankers of oC national national tation were pursuing the policy toward automobile anies nies Toda Today funds In any reason- reason 4 amount are arc readily available to recognized automobile company I Cash buses uses which will be paid in cash cashy yr y como come in addition to the tho profitIng profit profit- Ing g plan recently announced b by byrd ford ord rd company compan which was several years calS ago and which will nUnu d. d J It t is IH the intention of or Ford ord organization to make the lon lion of oC these bonuses an annual ti t If It the earnings of ot the company I it cash pash and in the tho number of men red and without counting tho the ll 1 effect on industry as a whole Act fact of or economic justice surpasses passelS I lung in the history of or labor 10 a lowest st award paid goes to men faro receiving the minimum pay 6 6 a da day clay and who have been in employ of ot tho the various companies s months mouths It amounts to 30 The eat award goes to the skilled cr ers erg who have been with the com com- e five years and who arc are receiving O a u da day The bonus received b by latter Jaller amounts to 20 I f Ien h of S Service who receive a salar salary will t V receive recd bonuses Ability and andIn In ii h of at service be the standard the tho awards will be based announcing the plan which per per- to invest up to one- one ot of their Pl pay PlIn In the thc organization 1 share in tho the prosperity of theany theany the tho thony any ny tho the allied interests of oC Henry t l tare are arc carrying out the ideal of oC Ford herd that labor Jabor has lias a right to in tho the benefits of the verity cr ty which it helps to create and 10 e C words of or Henry Ford himself id have hae a share as well as a ahen hen the complete ownership of ot cord vord Motor company was acquired enry ord Ford and his Iris son lion last sum sum- were Immediately taken to out the details of oC the bonus and null plans announced today Its it its s 5 had hatt been the thc Ford pOli policy y to urage big dividends to and to use profits prots in labor and In expanding inThis InThis inThis in- in This policy as Henry Ford ds It It means not only good pay share in the tha profits for the wort worl ut jut the employment of or moro more and andas as the business grows Jf |