Salt Lake Telegram | 1916-02-27 | Page 22 | "I Told You So!" Says Reo Manager

HI I TOlD YOU SO r d SAYS REO EO MANAGER MANAGERI I r told you so so said General Manager Manager Manager Man Man- ager Scott of the Reo Rea Motor Car company company company com com- pany when told of ot an increase in price by another automobile manufacturer manufacturer c- c and proposed rais raises s by several others At the time of ot the New York show I s said ald I would not be be surprised if tf many makers were forced to Increase the price of their cars In the coming months I gave then the same reasons that are now given by by those makers who have had to bow to the Inevitable the the Increased cost of materials and of manufacture due to shortage of ot high speed tool steel machine tools and other necessaries Most readers do doubtless took that prediction with a again grain of ot salt but events are now pow proving Its accuracy The present shortages shortage and present high prices of materials are most seriously affecting those who do not make but who merely assemble automobiles automobiles automobiles auto auto- mobiles and a few ot others ers who may be classed as manufacturers but who for tor financial reas reasons ns were unable a year ago to contract satisfactorily for their requirements a year in advance Conc Concerns like Reo and a few others similarly situated whose financial stability is undoubted and who may therefore be tie counted upon as those who will 1 j be in business and paying their bills in the future as in the past are not so seriously affected by either the shortage of materials nor the In Increase increase increase in- in crease in price