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They were definitely invented before 1927. The Duesenberg Model A, planned 1920 and introduced 1922, had them from the beginning, and the more exotic Argonne featured them, too.
The 1920 French Ballot racecars had them, too, and Duesenberg introduced hydraulically operated four wheel brakes in 1921, winning the 1921 and 1922 Indianapolis 500, and the 1921 French Grand Prix. I'm sure that there are even earlier applications. The 1927 journal given as a source was quite wrong with that...--Chief tin cloud (talk) 12:04, 15 January 2018 (UTC)[reply]