Henry Ford (July 30, 1863 – April 7, 1947) was the American founder of the Ford Motor Company and father of modern assembly lines used in mass production. As owner of the Ford Company he became one of the richest and best-known people in the world. He is credited with "Fordism", that is, the mass production of large numbers of inexpensive automobiles using the assembly line, coupled with high wages for his workers. His introduction of the Model T automobile revolutionized transportation and American industry. Ford wrote in his autobiography, "Any customer can have a car painted any color that he wants so long as it is black".
The Tin Lizzy
The Tin Lizzie was the first car to be manufactured on a full blown assembly-line. After converting to assembly-line production on 14 January 1914 the selling price was lowered by $850 to $370 !!
In order to speed up manufacturing between 1915 and 1925, only black Tin Lizzys were produced, since this was the color that dried quickest.
It is falsely stated that Henry Ford said, "You CAN have a Model T in any color as long as it's black." The rumor is that it actually came directly out of the Ford Marketing Department in Detroit. It has stuck like glue for close to 100 years!! Between 1908 and 1927 in the USA 15 million copies were built.
Financial World Coin programme:
- Henry Ford
- Nathan M. Rothschild
- Sir John D. Rockefeller
- Alfred Nobel
- Cecile Rhodes
- Edward Henry Harriman
- Andrew Carnegie
- Howard Hughes
And many others to follow...