16 June 1903 Posted on June 16, 2015 by Staff The Ford Motor Company is formed. Famous Words of Inspiration..."Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves." Herbert Hoover — Click here for more from Herbert Hoover Related posts: 14 March 1903 4 July 1903 27 June 1709 16 June 1779 16 June 2010 16 June 1858 26 June 1848 31 May 1927 17 April 1964