AMERICAN CABLE HEWS

Hokitika Guardian, 24 April 1928, Page 2

AMERICAN CABLE HEWS

NEW FORD GARGREAT COST OF CHANGE. (United Press Association.—By Electric Telegraph.—Copyright.) NEW' YORK. April 21. It is reported that it cost the Ford Motor Company 100.000.000 dollars to put the new .model A. into production. This loss is attributed to discontinuing altogether the production of model T. and is a puzzle to many observers. It is’ staled that probably no other factory in the industry could have absorbed such a loss as comfortably as the Ford Company apparently

A MERIC A N PRESIDENCY. MR COOLIDGE NOT TO STAND. WASHINGTON. April 21. President Coolidge lias requested that no further use lie made of his name as a possibility lor election again as President. He declared that efforts to press his canditlacv in New York. Massachusetts and elsewhere would be most embarrassing to him. He said: “Particularly in Massachusetts t lie movement would tend to compromise

In a letter to the chairman of the .Republican Committee in New York, tile President said: ‘AYliile appreciating the compliment intended. I request that it be not done. My name is being used on other States in a way contrary to my wishes. I have heard that in New York it has gone so far as to lie claimed that such use is with my tacit consent., fit my own State, to give countenance to such a movement would lend colour to misrepresentations apparently being made in other States. ! am therefore sending this public declaration of my position. requesting that such attempts he . discoidiiiued.” This action was taken as an effort to discourage further activity on his behalf. although the President did not say that lie would refuse nomination if it was offered. Republicans in many States were just beginning to revive ‘•draft Cnolidge" talk as a way out of a deadlock. Many fear that this task has been unite strong in Now York, whore powerful enemies of Mr Hoover have ceaselessly urged Mr Coolidge’s renomination, and say that he is the best man to oppose Mr AI Smith the probable Demorcratie nominee. Reports were circulated that in tile event of a deadlock Mr Coolidge might accept nomination. but this last statement again casts doubt upon the question.