What do the ducks mean?

1963 Caddy hubcap

I have seen lots of stories scattered across the internet that claim to hold the key to the Cadillac crest, but this explanation appeared in 1923. That is only two decades after the company’s 1903 inception, so maybe this story was less distorted by time than some of the more recent versions. You make the call!

Los Angeles Evening Express, 11 June 1923
1955 Fleetwood

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