It has been called the best business deal in U. S. History (at least before the computer era). It happened in 1903, when John and Horace Dodge, brothers who owned a machine shop in Detroit, made a deal with the Ford and Malcolmson Company. Henry Ford and Alex Malcolmson had decided to manufacture automobiles, but Ford had such a bad reputation for failure, that they could not raise all the cash they needed.… Continue Reading