Newspapers / The Carolina Times (Durham, … / July 21, 1979, edition 1 / Page 5
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UDL SETS CONVENTION IN NEVJ OMBANS; SAT., JULY 21, 1979 ; . TKECAJKUSMTIXES-S . DORHAN ACCEPTS HONORARY' CIlAinflAtjESP i CHARTER MEMBERS OF NU BETA CHAPTER OF ALPHA CHI PI OMEGA SORORITY were inttalled Sunday afternoon, July 15, at the Alfonso Elder Student Union by Dr. Dallas Simmons, Vice Chancellor-Director of Academic Skills, North Carolina Central University. The new sorors are (l-r): Mmes. Shirley Lennon, Donna Nichols, Ethelene Prayloe, Wllhelmenia Foster, Eleanor Dillard and Margaret Bell. Soror Esther L. Wiley (not pictured) represented the National Body and the Southeastern Region of Alpha Chi Pi Omega. (Photo by Kelvin A. Bell) the mmi oil ca ss By Laura Parks WASHINGTON, D.C. National Business League President Dr. Berkeley G.' Burrell today announced plans for the League's 79th Annual Convention, scheduled to convene September 24 through 26 at the Fair mont Hotel in New Orleans, Louisiana. In keeping with the organization's dedication to the commerical and economic development of the minority private sec tor, the theme for this year's meeting is "Agenda for Capacity Building." According to Dr. Burrell: "The thrust of our Con vention Program underscores the impor tance of capacity building initiatives for minority economic development. We aim to construct an agenda that ensures economic development in the minority private sector through an equitable shar ing of the nation's resources." In addition to a distinguished roster of na- tional experts and govern ment of ficals who will serve as guest speakers and panelists, , Colonel Frank Borman has agreed to serve as the Honorary Convention Chairman, the Chairman, President and Chief Executive Of ficer of Eastern Airlines, Colonel Borman is perhaps best kown as commander of the Apollo Eight space flight, the first manned, lunar orbital mis sion in 1968, and previously as commander of the Gemini Seven mis sion in 1965. The former astronaut and special presidential ambassador -will address the Conven tion delegates during the Annual Minority Enter prise Luncheon. Moreover, Eastern Arlines has been designated the official carrier for Con vention attendees. Traditionally the largest annual meeting of small and minority businessper sons, the NBL Convention additionally brings together representatives of private industry, and state and federal government to consider major 'issues af fecting minority economic development. This year's three day program in cludes educational workshops and seminars, an expanded Certificate Institute series, the An nual Town Meeting, two official luncheons and the Annual Awards Banquet. As a special feature, a Procurement Contract Center will provide ample opportunities for minority vendors to discuss pro curement activities with corporate executives. Designed to emphasize the building and expan sion of institutional capacity in the minority private sector, the 79th Annual NBL Convention Program will explore such topics as the impact of energy initiatives on the minority private sector, federal procurement ; ef forts, preparations for the 1980 White House Con ference on Small Business, the implementation of the Omnibus Minority Enter prise Act (P.L. 95-507), and the recent Commerce Department proposals to establish .,a Minority Enterprise Development Administration (MEDA). In conjunction with the Convention, organizers are scheduling a special Caucus for Black Delegates selected to at-' tend the White House Conference on Small Business. Set to be co convened by NBL and Rep. Parren Mitchell (D-MD), the Caucus is ex pected to maximize the strength and cohesiveness of the delegates who will represent the interests of the minority private sector during the major White House meeting in 1980. The rise of Western civilization was due to a very large extent to the Arab nation's ability to cut the supply routes link ing Western Europe with the Near and Far East. The Great Mohamedan conquests in the Middle East, Africa and Europe turned the Mediterranean Sea into an Arab lake, and isolated Europe from the rest of the world. In desperation, alter nate routes had to be ex plored to the now denied fabled spice and damask lands of the East. Barren and underdeveloped, Europe was heavily depen dent on trade with the East, which supplied Europe with many of the products of a more ad vanced and cultured civilization. The great age of ex ploration in the 14th and 15th centuries were in spired by a sense that the might of Islam was fading and that now was the chance to seek alternate :;flulea;llMdaa5tJrithaut,, offering a direct challenge to the Mohamedan for tresses lining the trade routes from.Mohach, in Hungary, to "the fishing villages dotting the coast of the Persian Gulf. The exploration brought to Europe vast quantities of silver and gold, looted from South American Indian Civiliza tion, all of which helped to finance the rapid development of Europe, and eventually to raise the continent to the world pre eminence, following the rise of the high energy consuming Industrial Revolution. The Industrial Revolu tion to be profitable need ed vast quantities of cheaper labor, cheap raw materials, cheap but effi cient machines, and cheap sources of power in addi1 tion to an ever expanding consuming population. These requirements of the Industrial Revolution led to the rapid expansion of colonialism and to the development of racism as the justification of col onialism to the Europeans and later the Americans. Rivalries between the dominant colonial powers led to the two great World World Wars of our time, and produced ironic results. These results fatal ly weakened the colonial . . po,Rrs-toibe pointw,hej,e: the colonial system oegan to collapse, and the political and economic system of the dominant powers began to suffer from a variety of economic ills and growing social and political in stability. Now, in our time, it is the former colonies and colonial people who sense that they are facing a for midable but steadily weakening adversary; their former colonial masters. The former col onies are not going to give away their limited sources of raw materials for prices that would doom them forever to neocolonialism underdevelopment and the. consequent political and military threats of their former masters. Whether it is oil, cop per, uranium, tin, or whatever, the rising developing world is more than willing to sell their natural wealth to the in dustrial world provided that at the end of the road, when their resources have been depleted, they will have transformed their na tions into viable, economically flourishing communities. Economists of OPEC nations have come to the sad conclusion that infla tion in the industrial world is a disease, getting worse 4with ;pasvng.-timeJjThev poinTlJuTlnaFtne infla tionary tends have been' long in the making, following the end of the Second World War and steadily getting worse ever since. They point out that in flation was well entrench ed for 28 years before they raised their oil prices in m mm kmm for as little as Home Savings and Loan's new minimum balance makes it easier to get higher interest Savings Certificates. For as little as $500, choose from a 1-year maturity at 6'? to an 8-year maturity at 8. Annuannterest I g3 ? g Maturity 1 year 2 V2 years 4 years 6 years 8 years fed 1 6.72 1 68 1 7.79 8.06 833 'anttdpated You may still purchase our 6-month Money Market Certificates. Minimum balance is $10,000. Or ask about our new 4-year Money Market Certificate with a low $500 minimum balance. Telephone Home Savings and Loan and get the current rates. Federal regulations require a substantial interest penalty tor early withdrawal from certificate accounts LINDIK Vmt WHa Inwmi HUM. DURHAM CHAPEL HILL ROXBORO HOME SAVINGS AND LOAN P"" ASSOCIATION I I I I 1973, that the' combined military spending in the West, over the past thirty years, has by their calcula tions, contributed vastly to the inflationary engine and that this was greatly reinforced by the rapid rise of the multinational corporations to economic dominance and . their abilities to exert a con trolling influence on prices, and this, of course, includes the large oil com panies. If, as they believe, the monies of the West will steadily loose their value over time, then they may have to insist on a barter arrangement, in which, for example one barrell of oil might be equated to a small radio regardless of how high the dollar value of the radio might rise from year to year. In this way, they would know that a barrell of oil in 1985 will still buy one radio in stead of a half a radio. ' Emerging from col- onialism the oil producers and unplanned economic expansion can lead to disaster. Some Arab na tions are now seriously considering cutting back on their oil production, possibly stopping oil ex ports for a year or two, in order to plan and develop the required economic and social framework that will be able to utilize the ex pected flood tide of in dustrial and technological hardware from the in dustrial world. The nations of the developing world are not our enemies, nor do they wish to become our enemies. They admire our achievements and wish to emulate us in our in dustrial prowess. They can only do this if they get a fair share for their limited supply of raw materials. In one way or another they are determined to achieve this. To Nominato Perry To Judgeship WASHINGTON President Jimmy Carter has announced he will nominate Matthew J. Perry, Jr. of South Carolina, to be U.S. district judge for the District of South Carolina. This is a new judgeship created by Public Law 95-486. Perry is a judge of the United States Court of Military Appeals. He was born August 3, 1921, in Columbia, South Carolina, he received a B.S. (1948) and LL. B (1951) from South Carolina State College. He served in the U.S. Ar my from 1943 to 1946. From 1951 to 1961 Perry practiced law in Spartanburg, South Carolina, and from 1961 to 1976 he practiced in Columbia. He has been a judge on the United States Court of Military Appeals since 1976. He also served as an adjunct teacher of law at the University of South Carolina from 1973 to 1975. I I I I Don Ywm i I i For onlv 8.84 vear' vou can receive your copy delivoeed to your! j door each weeu. . . ...... a-,.;.. Alia m mZAmW. m.m.mmm A tP aiAmi ix, s rmeu witn news or events 1 and happenings that affect you and! your family. j it's got the week's full TV! listings, including HBO, for just pen-1 nies! why pay more? i And think about those money saving coupons that more than pay I the cost of your subscription! I I I I earn MaDDC(ypGii Hi WW! PLEASE ENTER MY SUBSCRIPTION FOR. . . 1 Year $8.84-ln state (Out of state $0.50) I 2 Years $17.68-M State (Out of State $17.00) Mr., Mrs.! Ms. ' Address city, state, zip. 1 1 Check or Money Order Enclosed M Bill me within thirty days j I
The Carolina Times (Durham, N.C.)
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July 21, 1979, edition 1
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