Henry Ford：My Life and Work, Additional Excerpt 269

We cut the overhead charge from $146 a car to $93 a car, and when you realize what this means on more than four thousand cars a day you will have an idea how, not by economy, not by wage-cutting, but by the elimination of waste, it is possible to make an "impossible" price. Most important of all, we found out how to use less money in our business by speeding up the turnover. And in increasing the turnover rate, one of the most important factors was the Detroit, Toledo, & Ironton Railroad--which we purchased. The railroad took a large place in the scheme of economy. To the road itself I have given another chapter.

Source： https://www.gutenberg.org/ebooks/7213
Locator：Additional excerpt 269 · Verified：2026-10-19 · Verification：Short excerpt

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