Newspapers / The Carolina Times (Durham, … / July 25, 1981, edition 1 / Page 15
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Y ) Moving, whether it's to the next city or state, can be rccre pleasant if you plan ahead. While you're maki?-3 arrangements to care for certain precious ' .items, remember also to be concerned with matters like address changes, and what to do with the money in your sav ings Endor checking accounts. , You may not have decided before 'ou move which bank in your new ocation serves your needs best If that's the case, you can close out your accounts, convert the money to cashier's checks or traveler s checks, and take them when you move.; You can also have your banker transfer the money bv wire from your bank to a bank in the new city that also has wire transfer service. When you arrive at your destination the money will be there waiting for you to deposit or do with as you please. ' If you visit the new community before your final move, the process of transferring money could be facilitated by opening the accounts then. Some banks may provide you with a ''newcomers' kit re WHEN YOU MOVE n n ' 1 n fn m I " m mm m ... , (feral vciErbsrui By Alice Price SAT., JULY 25,1531 T:2CAT.:Li;uTjr:j-i5 Alice Prlc , which contains information about the area and state, and possibly helpful information about educa tional and medical facilities, tax structures, churches, and other important facts. ' ' . , , " , So you won't be penalized for cashing in your sav ings certificates before they reach maturity, take them with you. Your new bank can send them for collection, and will in turn be reimbursed by your , former bank. -V " x j You will probably want to close out your safe deposit box and personally move the valuables and documents it contains. This is a good time to review ?rour wills and estate plans to see if your new state' aws affect their execution and whether it's advan tageous to transfer the trust relationship. r v borne banks provide package services which include preestablishment of various accounts, credit cards and registration with the local credit bureau, all before the move is complete. You merely visit the bank after arrival and activate the accounts. Although national credit cards are used in most cities for pur chasing goods and services, a locally-issued credit During the time of Napoleon's reign, George Washington's Administration and Negro slavery, so--meone, somewhere was enjoying a bottle of fine wine. Wine is usually associated with winning, not wrongs or actual tfar. For what it is worth, for the thirteenth time, the Heublein Premiere National Auction of Rare Wines recently held in this hell raisin' city, was a tintilating success; Heublein has auctioned off $4.3 million worth of wine in thirteen years. Subjects of lesser nobility than Archdukes Andreas and Markus von Habsburg, great grandsons of Emperor Franz Joseph of Austria-Hungary, who were also present, participated in an open public auction which included "the oldest dry red table win ever of fered for public sale." Heublein, Inc., owners of such fine wineries as Beaulieu (Beautiful) Vineyard and Ingienook Vineyards, as well as Colony wines and Lejoh (Champagne) cellars in the U.S., practices an open door! policy with the public at the auction. Anyone paying the invitation fee could sample such a rare vintage wine as a 1791 bottle of Red Rhone Galbert in a "delicate hand blown open-pontil bottle. ' , The bottle alone is a collector's item. While the bid- Business In The Black - Y . New Orleans. . How' the Rich Get Drunk Ingienook At $1,150 A Bottle Is An Investment 1 , ' ;": By'thaifcs E. Belle ding Started at a mere $700, it ended at $1,350 per bot tle. Bought appropriately enough by a Los Gatas, California liquor store owner, Larry Rigani, who wishes to drink it on George Washington's next birthday. - But sixty years before this bottle of wine was born, Bouchard Pere & Fils winery was founded in Beaune, France,. The House; of Bouchard Pere & Fils was celebrating its 250th year anniversary by allowing the action of its vintage 1864 and 1865 wines. Public pur chase of these fine rare wines for as much as $8,800 for I a case of four bottles of Clos Vougeot vintage 1865 reflects the rapid escalation of exceptionally excellent rare wine investments. Investments kcah, however, be considerably less without sacrificing too much quality if not years. A case of twelve bottles, Beaulieu Vineyard Cabernet Sauvignon -w,vintage 1971, foif $200, could prove pro fitable if held for a period of years. J. Michael Broadftent, auctioneer, Master of Wines, advises the modest investor to consider young wines such as the Beaulieu Vineyard and Ingienook Cabernet Sauvignon vintages 1966-71 for investments. These wines "should mature in 20-40 years" making them superb for drinking, as well as investment success. In my last column, I presented remarks obtained dur- ing an interview with David, a young, black college stu- j dent, . . - v:; - ' .. ,.:, .V " Among the views expressed by David were the follow ing: 1) He has a strong desire to be accepted by whites, 2) He has become frustrated with the constant rudeness that he receives from whites when he attempts to be' courteous to them, 3) HTs respect for whites is deteriorating, 4) His self-esteem is severely diminished ; when he is rejected by whites, 5) He is, now, nervous in the Company of whites, 6) He does not know why whites , reject him in view of the fact that he has done nothing to harm them, 7) He experiences racial discrimination in most relationships with whites whether in public places, on his job, in his college classes or elsewhere. The stress and frustration that blacks experience in their relationships with whites has produced an emo tionally devastating condition The constant rejection causes a life-long emotional scar that negatively in fluences nearly every activity in which the black person engages. After repeated instances of rejection, most of the years of living in American society,, the black person develops a nat ural timidity with respect 1a jSailtejpatioi in activities that might result in rejection. The black per sdn begins to anticipate, as inevitable, racial bigotry and trembles at the thought of being in the companny of whites. This causes a rejection complex: anxiety at the thought of the confrontation, anger at the thought of Coping Racism: Its Effect Upon Black Minds Part V By Dr. Charles W. Faulkner rejection, avoidance of the interaction, and under valu- evaluation and a need to be accepted bv the retariiw Mg-of one's capabilities, acute neurotic personality party. j u rejecting change resulting from low self-esteem, dislike for the re- . The behavioral change that is implicit in black ' behavior, and which is imposed by racial rejection, casts card or check guarantee card nay be repaired for ; Identification to h checks or ra other pxirchasss. YouHalso want to check with the moving com pany to find out what form of payment it acceptable, Some companies may accept only a certified or cashier's check, which may nave to be obtained in advance from your bank. ? r t " : r s Not getting the mail you need, or expect to get can ; be irritating and can be avoided by renumbering to send address change notifications. Hers are some items you shouldn't overlook: - ' If you are receiving social security checks, call your present Social Security office (and have your claim number in hand X Local, regional or national creditors should be contacted to make sure bills are forwarded "' on time. -. ' . , " " All publications should be notified, for example, book clubs, magazines and alumni information. And, of course, relatives and friends should be notified of your move. Alice Price, a banker for 20 yean, is a Pergonal Banker at the Unwertity office of Wachovia Bank and Trot Company in Wilmington. Success in investment is keyed, of course, to buying low and selling high. Here Heublein Spirit Group has helped the general public in providing an open forum for all those who seek a fortune by investing in rare wines. William Bradford, Jr., made a quart tankard of pewter, which Mr. Broadbent's auction house of Christies, sold for $16,500 to a collector. Collectibles have shown marked increases, embracing traditional inflationary strongholds. During the -past decade, 21 oil paintings sold for more than $1 million at - auction. A painting believed to be for the record price by the 19th century English artist, J.M.W. Turner, sold for $6.4 million. Making money in that kind of an in vestment climate can be competitive! Art, however, is to be enjoyed and wine to be drunk. Heublein has held its public auctions all over the country. Anyone seriously considering investing in rare wines should inquire where ever Ingienook Vineyards, Lejon Cellars or Beaulieu Vineyard wines are sold for information on the Heublein Premiere National Auc tion of Rare Wines. With some luck, a little money and lots of time, a bot tle of wine could improve the pocketbook and outlook on life. . .. a deep internal emotional scar within most blacks. This scar is reenforced by the medium of television, radio, magazines and newspaper advertisements which con sistently depict the black person in a negative role. Often, - the black person is unaware of the way in which hisher behavior is affected. The ulterior effects are substantial whether the black person realizes it or i not. , Your questions are welcomed. Suggestions for future articles will be appreciated. Cassette tapes of this and other articles are available for individual use, discussion groups and classroom use. All letters and inquiries should be sent to: Dr. Charles W. Faulkner, Post Office Box 50016, Washington, D.C. 20004 lj 1 JjMUfe 4t6ir W H 4H Reagan (Continued from Page 14) because Congress pays more attention to members of organizations than isolated individuals. Note that you have been discussing this matter with friends, neighbors, co-workers, etc. Underline it, It will definite ly make them sit up and take notice. Always ask for a response and always indicate that you'll be keeping a close eye on what's happening in Washington, D.C. Fortunately, the Congressional Black Caucus does not only spell out a detailed battle plan of attack against the VRepublo-crats" but they propose their own "Constructive Alternative" budget, Strikingly, a number of white Congressmen especially those from districts with black and Latino populations have signed on to their program. ; ' - It is not surprising that their budget should get such support for it is a positive and forward-looking docu ment. For example, they call for the closing of the tax loophole that allows fat-cats to make a deduction for "three-martini lunches" a whopping $1.8 billion and using that amount for restoring cuts in food stamps. They call for taking the $1.3 billion wasted on the notoriously slick tax loophole called "tax straddles" and using that amount to restore funds slashed for loans and grants to college students. The Congressional Black Caucus budget is too lengthy and detailed to summarize here but mention should be made of it in every Congres sional visit, every letter, every speech, every media ap pearance. ; ' ,' ' Though we should not procrastinate, time is left. Congress is scheduled to complete action on all spen- " ding bills one week after Labor Day. On September 15, Congress is scheduled to complete action on the second budget resolution. On September 25, Congress is scheduled to complete action on the so-called "reconciliation" bill. And onOctober 1, the new fiscal year begins. ' . But what about after October 1? Do we fold up our tents and go off silently into the night at that point? Of -course not. One lesson that should be learned by now is that the decline Of marching and picketing, the fall-off -if letter-writing campaigns, the virtual disappearance of mass civil disobedience pioneered by Dr. Martin Luther King, Jr.. helps to explain how we got into this present pickle.This must not be allowed to happen again, other wise we'll be consigned to the destiny of the mythical . Greek hero fated forever to roll a pebble up the moun tain arduously, then watching it roll back down before it reaches the top. 'r ( At the same time, battles at pund the Voting Rights Act off1965, reapportionment! .and affirmative action cannot be neglected. It is hollichc to say that "freedom is a constant struggle" or tnat he price of freedom is eternal, vigilance , Wc should rtoj forget at election time how certain congressmen and congresswomen voted and what forces backed them. Like the Congressional Black Caucus,- we must not only oppose but present a "Constructive Alternative." This means not only runn ing in Democratic primaries, but running against Democrats, Republicans wtnd " Republo-crats" who refuse to toe the line ori tH issues on an independent ticket, jf necessary. This i r riite bright vision of Rev. Ben Chavis the successor fo tfp. King, accprding to many . and the National Black Lcendent Political Party. They are gearing up for these battles in North Carolina in particular, but they present a model that should be ' emulated everywhere. Because ultimately, if we're . serious about beating the Reaganauts, the Republo crats, and the fat-cats, we must say "away" to all old, tired ideas and march on to brighter vistas. m r-" jr- f ""'"N-: f "J y m "H ATl'JO-YEAn GtaEiTCNT. You probably haven't realized it, but only the Army can offer you a two-year enlistment. Now you can train, travel and enjoy your choice of the following comprehensive Army benefits. And be back home in just two years. iddi ro report ' ; v With our Delayed Entry Program you can join now and take up to twelve months to report for duty (as long as you have your high school dipbma by the time you report for duty). A good way to use this option to i make the most of your two-year enlistment is to reserve the skill training or duty station of your choice in advance. Then, well give you a guarantee in writing. - VOUn C'O.'Cd 07 LOCATION. YouU have your choice of several posts in the United States. And with a two-year enlist ment, there's even a chance youll be stationed in Europe. So, if where you serve is really important, you can get it guaranteed. YCUH CHOICE C? TRACC. If you Ye like most people, what you do is most important to you. And with a two-year enlistment, youll have over 50 skills to choose from (many have civilian applications). But , if the training you want isn't available now, well guarantee it for later. Mgrous EBlICfflOm If you're planning on college in a couple of years, youl find we have surprisingly good educational benefits. With a two-year enlist ment, youmay qualify formousandsof dollars in educational assistance and substantial bonuses. 23 OFF YOIQ STUDENT LQil We also have good news for those of you who've already started college on a National Direct Student Loan or a Guaranteed Student Loan (made after October 1, 1975). Now, a two-year enlistment in certain skills ' will absolve you from 23 of your indebted ness or $3,000 (whichever is greater). Only the Army can help you return to civilian life just two years from now with the majority of your student loan out of the way. R:3duTf.:bn2. For more information about how to serve your country in just two years; call 800-421-4422. In California, call 800-252-001 L ' Alaska and Hawaii, 80CM23-2244. Better yet, look in the Yellow Pages under "Recruitingr D D D D D D 0 0 D 0 0 D D D 0 0 Em!LYIU) (SAM O 1
The Carolina Times (Durham, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
July 25, 1981, edition 1
15
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