Durant, Who Won and Lost Fortunes,
Starts Anew in 5-Cent Lunch Room
W. C. DURANT MOPS OWN FLOOR
Last week even readers with no great sentiment for Wall Street's old bulls felt the poignancy of these headlines. In 1886, when Henry Ford was sawing wood on his father's farm, William Crapo Durant was introducing mass production to the buggy business. What passed for Vision in those days was astigmatism to Durant. He crashed the gas buggy business in 1904 by taking over Buick; in 1908 he combined Buick, Oakland and Oldsmobile into General Motors. When...