(See front cover)
Stuck in the mud of the last U. S. Depression (1921), Business was pulled out by a great acceleration of the automobile industry, teamed with a building boom long deferred by the War. The automobile industry then looked back a decade and smiled at its gangling youth. It looked ahead a decade with confidence and composure. Both were justified.
Another ten years and another Depression found the automobile industry a mighty thing in its maturity. Ranked next to Agriculture and Railroads in amount of capital invested,...
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