For the first three decades of the century the upward trend of automobile production continued at a staggering tempo. Its momentum was only slightly retarded by the deflation of 1921 and its renewed burst of vigor in 1922 speedily regenerated business throughout the land. Each successive year of growth heightened the American Standard of Living and added to the nation's wealth. Cross sections of that upswing showed:
Cars: Wholesale Value: 1900 4,000 $5,000,000 1905 23,000 37,000,000, 1910 72,000 206,000,000 1915 854,000...
To continue reading:
or
Log-In
