Business & Finance: Crosley Cars

Every time Powel Crosley Jr. gets sidetracked, he builds the side line into a main line. Having built five main lines, he appeared last week about ready to shunt into a sixth.

Powel Sr. wanted Powel Jr. to follow him into law. But young Crosley liked to tinker with automobiles. By 1906 he was a private chauffeur (although his father was a prosperous attorney). By 1909, at 23, he was president of an automobile manufacturing company. It was his idea to make a low-priced, six-cylinder car, but bad financing wrecked the venture and for...

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