The Archive · 1927

Five Million Cars Next Year

Prediction of Expected Increase. of Output in United States New York, Nov. 18.

The greatest, prosperity the nation *has ever known will come in 128, according to John J. Raskob, of the Finance Committer General Motors Corporation.

Speaking at " dinner of 600] Tenders of industry lust night, Mr. Raskob said; "Hverything indicates that 1928] will witness the greatest prosperity our country has ever enjoyed. There is little, if any, inflation an; where, an abundance of credit great farm purchasing power as a result, of good crops and prices, and prediction is that, with the Ford] Motor Ca, in production, the auto-maffle industry will produce 6,000,- in 1928 us against 9,500,

Text read from the printed page and cleaned; old type leaves the occasional error.

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