See what a 25-cent raise will do to us, said Mr. Ford. So they figured the daily and monthly cost of a 25-cent increase. Put on another quarter and see what that will cost, he said. And so they went on, 25 cents a step. Finally the wage of $2.34 stood at $4.75–more than 100 percent increase. One of the associates–a good financial head–remarked rather sarcastically that if they were going to be fools, why not be first-class fools and make it $5. All right, said Mr. Ford, let’s make it $5.