Evening Republican, Volume 23, Number 230, Rensselaer, Jasper County, 23 September 1920 — FORD SLASHES AUTO PRICES [ARTICLE]

FORD SLASHES AUTO PRICES

Products of H|s Company Put on a PreVvar Basis—Sayo Inflated Prices Retard Progress. Detroit, Sept 28.—8e-estab-Hshment of prewar prices on all products of the Ford Motor company, effective immediately, was announced by Henry Ford. The price reductions range from approximately 14 per cent on motor trucks to 81 per cent on. small automobiles. In making the announcement, stating that someone has to start {he movement from high prices downward, Henry»Ford says: “The war Is over and it is time war. prices were over. There is no sense or wisdom in trying to maintain ‘an artificial standard of values. For the best interests of all it is tlmejmt a real, practical move was made to bring the business of the country and life ot the country down to normal. “Inflated prices always retard progress. We had to stand it during the war, although it wasn’t right, so the Ford Motor company will make the prices of its products the sama as they were before the war.”