Evening Star Newspaper, January 19, 1932, Page 9

THE EVENING STAR, WASHINGTON, D. C TUESDAY, JANUARY 19, 1932. on the Automotive Industry of freight—and a billion dollars was 51.4% of all upholstery leather— 35,000,000 yards of up- holstery cloth— 85% of all gasoline— And in 1930 the:automobile industry paid the railroads $500,000,000 for paid by motorists in taxes. It is literally true that men who work in steel and iron, in aluminum, lead and copper—men who bring ores from the earth—men in lumber camps and lumber mills—men who roll out plate glass for car windows and tan hides for upholstery—men who work on railroads—can buy more food, clothing, shelter and the pleasures of life when people are buying automotive products. transporting over 3,330,000 carloads The recovery of every business today is waiting for the recovery of every other business—a start must be made somewhere—is there a better place to start than in the greatest industry of all? Because the annual value of automotive prod- ucts is greater than the value of any other industry’s products— Because the automobile provides employment for one out of every ten wage earners in the United States— . Because 20 per cent of all annual retail sales in this countryare for automotive products— Because the lion’s share of the business in a . long list of other industries depends directlyon the sales of automobiles— v Any increase in the demand for automobiles means an increase in business activity—there is nothing else you can buy which directly sup- plies work to so many people. The nation’s motor car manufacturers have registered their confidenceinthefutureby investing millions in new inventions, new developments and new designs—they are now displaying the greatest values which ever bid for a motorist’s dollar. | " An investment in a new auto- mobile is a sure way to hasten the return of prosperity. EVENING POST INSTITUTION"”