Business: Ford's Rolls-Royces

Month ago Henry Ford jolted the imagination of the war-scared U. S. by offering to turn out 1,000 airplanes a day if the Government would let him do it his way. Secretary of the Treasury Henry Morgenthau grasped at the magnanimous offer, called Son Edsel to Washington to discuss what Ford might make. Upshot: Edsel tentatively agreed to make 6,000 Rolls-Royce liquid-cooled engines for Great Britain, 3,000 for the U.S.

Last week Father Henry thought differently. Reason: a fervent isolationist, he will manufacture only for "Defense," not for Britain.* At once the entire deal was declared off. Defense Commissioner William S. Knudsen...

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