SATUSDAT, SEPT. 17, lt55
THl CAWMJNA TOflS
NAACP To
Disciiss Problems
Get* TexM Fair Award j
In Fall Neeb
Negro Savings
And Loans
Make Big Gains
NEW YORK
The American Savings and
Loan League reported - this
week that its Vt member insti
tutions on December 31, 1954
were four times as large as
they were on the same date in
1948. Total assets for the
group of Negro-owned andi
operated home lending agen
cies last December amounted
to $99,406,331 as compared to
$13,782,495 at the end of
1949.
A 1949 report of the U. S.-
Department of Commerce
showed that 12 members of
the League represented slight
ly over 55 per cent of all as
sets then in 25 Negro institu
tions. Today its 17 members
control some 85 per cent of the
total estimated assets of $70,
550,000 held by 30 associa
tions.
This and other information
about the members of the Lea
gue was disclosed in a survey
conducted last spring and
made public by William R.
Hudgins of New York, presi
dent of the organization.
Hudgins took the occasion
to point out that the change of
Administration in Washington
also brought with it a discon
tinuance of various reports
and studies on Negro business
which had been regularly
issued.
He said that the showing
made by Negro home lending
agencies should dispel the
“propandaga" of the lUsen-
hower Administration that Ne
groes are not pulling their
weight "in the effort to pro
vide more housing for Ne
groes."
The League's report reveal
ed that the deposits of 19,541
members enabled the banks to
finance $50,188,469 worth of
home mortgages in 1954 as
compared to $11,728,813 in
1949. Savings accounts them
selves were valued at $50,236,
901 in this most recent study.
A sign of Increasing conser
vatism was noted in the fact
that reserves in the member
institutions, valued at $2,933,
339, were five times greater
than they were in 1949 while
gains in all other categories
were held to under 4 and one-
half times the 1949 figures.
According to the report, the
number of federally chartered
associations doubled in the
five year period from 5 to 10.
Deposits in all member inssti-
tutions are federally insured.
Dividend payments in 1954
varied. Only one institution
paid as high as 4 per cent, but
eight returned 3 and one-hall
per cent to their members, six
paid back 3 per cent, and two
paid 2 per cent.
Among the 179 individuals
serving as directors of these 17
institutions, physicians and
dentists as a group outranked
all other occupations. They
The u>orld'» most famout 1 the events of the school day. i like the Fultz quads, of course,
fourth-graders find the front Book bags are very important Left to right, Catherine, Alice,
step an ideal place to talk over | for dignified fourth-graders \ Louise and Anne.
Fultz Quads Make Most Unusual Fourth Graders;
Get New Pet Dairy Company Identification Tags
YANCEYVILLE
What's the most unusual
fourth-grade class in the
world? That’s easy...it’s the
fourth grade at the Caswell
County Training School, Yaft-
ceyviUe, North Carolina,
where the world-famous Fulzt
quadruplets have just started
their fourth year in school.
Like any other nine-year-
olds, the quards are partly
glad, partly sorry to be start
ing back to school. They look
ed forward to the excitement
of the first few days...especi
ally the fun of getting new
school clothes...and to meeting
all their friends again. They
wondered a little about how
hard the lessons would be (al
though all four are good stu
dents and enjoy school work).
And, of course, they regretted
a little having to give up the
long, carefree days of vaca
tion.
Over the past three school
years, though, the Fultz quads
have proved that they are a
were followed by insurance
men and banking executives,
usually association officers.
Other well-represented voca
tions were realtors, educators,
lawyers, retail proprietors and
government employees.
There were 117 individuals
employed by the reporting as-
sociations-99 ori a full-time
basis and 18 as part-time em
ployees. Only one association
is doing a branch business. The
oldest institution was founded
in 1888 and Is still operating
in Philadelphia.
All of the associations be
long to the United States Sav
ings and Loan League, the in
dustry-wide trade association,
in addition to their own or
ganization, and most have af
filiated with their state league.
welcome addition to any class
room, once the excitement of
“first week of school” is over.
Well-behaved, bright, and at
tractive youngsters, eager to
learn, they have always been
favorites of their teachen and
very popular with their class
mates.
One problem that’s never
been solved, and probably
won’t be this year, is that of
identifying the little girls by
name. They’re still so much
alike that even a teacher who
has them in her classroom day
after day and week after week
may discover that she’s made a
mistake and called Anne, Lou
ise, or called Alice, Catherine.
And when that happens, what
do the little girls 'do? What
any other nine-year-old would
do...giggle.
One thing their fourth grade
teacher will find particularly
interesting, as their teachers
have in the past, is the differ
ent personalities of the girls.
Louise, for instance, appears
to be the leader of the group.
While one or the other of her
sisters occasionally will volun
teer to lead, they’ll usually say
"Louise w|ll lead us”, whether
it’s a song, a dance, or a game.
And, usually, the others are
all quite wiUing to follow Lou
ise. Catherme, on the other
hand, is somewhat shy. While
she likes to do all the things
the others do, she never wants
to be left out of any activity.
Alice, the carefare, happy-go-
lucky quad who never seems
to worry about anything, is al
so the most outspoken of them
all. She’s a collector, too...of
old belts, pocketbooks, watch
chains, any discarded article
that appeals to her. If any of
the classmates this year need a
pencil, they’ll soon find out
W^E L C 0 M E
to
NORTH CAROLINA COLLEGE
New-^kl-Students and Faculty Members
PEPSKOLA BOTTING COMPANY
OF DURHAM, N. C.
that Alice is a reliable source.,
she always has two or three on
hand. Anne, the quad who
likes to find out things for
herself, is perhaps the most in
dependent or the group. When
her sisters had chicken-pox,
for instance, Anne declared
that it wouldn’t get her (but it
did!). Incidentally, while all
four enjoy music and love to
sing, Anne is the one who likes
most of all to play the piano.
One thing that has delight
ed all their previous teachers
is the quads’ excellent atten
dance record during the school
year. The children are unusu
ally healthy and seldom, if
ever, have had to miss a day
of school. And they’re always
"on time” too! In spite of the
fact that it’s a real task to get
(Continued on Page Six)
WELCOME!!
Faculty-New
And Old
Students To
N. C. College
Class Of ’59
Ferrell's Watch
Hospital
PARRISH STREET
(Across From Stiver’s)
Dr. Elder Says Colleges Should
Encourage Respect For Rights
DURHAM
North Carolina College Pre
sident Alfonso Elder told in
coming freshmen during ori
entation activities this week
that colleges should encourage
respect for the rights of the
individual as a human being.
Dr. Elder joras among five
college representatives talk
ing to the freshmen at the start
of preschool activities. Other
speakers were R. D. Russell,
counselor; Dean G. T. Kyle of
the undergraduate school; W.
Sherman ^*erry, president of
the Student Government Asso
ciation; and Dr. Charles D.
Watts, ^ director of Student
Health Services. N.C.C. ex
pects some 500 freshmen be
fore the close of registration
on Monday, September 26. Re
gistration starts Tuesday, Sept.
13. Classes begin Wednesday,
September 14.
Medical examinations star
ted Thursday ana continued
through Saturday in the
Health Building.
Referring specifically to the
N.C.C. objectives, Dr. Elder
said: “The respect that I have
reference to...is a quality of at-
(idue or feeling that one has
toward a person merely be
cause he is a. human being and
not because of his accomplish
ments.”
“The right to be heard, the
right to participate, the right
to grow intellectually, the
right to be helped when in dif
ficulty, and the right to be
accepted as an important
member of the group and to
feel that one is among friends
are the characteristics which
are encouraged at the North
Carolina College and the
characteristics which we think
miake our school community
unique.”
In his speech on Thursday,
Dr. Elder added; “The poor
quality of language that a per
son uses in presenting his
ideas on a subject under dis
cussion does not alter our re
spect for his right to express
his opinion. Neither is a per
son’s opinion given special
consideration because of the
fine language which he uses.
“Neither the lack of nor the
abundance of knowledge that
a person possesses alters his
right to occupy front row
center when knowledge is be
ing disseminated.
"Neither the economic weal
th nor the lack of it possessed
by an individual has any
bearing upon his right to de
velop his talents and abilities.
We believe that the quality of
educational services, health
and guidance services which
we make available to each
person should be determined
only by the nature of the in
dividual’s problem and not by
any other status of the indivi
dual.
“We believe that you will
enjoy living with us in this
environment in which indivi
duals are respected for their
dignity and worth because
they are human beings.”
Check your speed, particul
arly on crowded streets and at
intersections. The person you
may injure values his life even
though you may hold yours
lightly.
WELCOME!!
North Carolina College
Faculty And Students
Old And New
Class Of '59
DURHAM BUILDERS
SUPPLY COMPANY
BUILDING MATERIALS
Office And Warehouse—Milton Ave. At Main St.
DIAL 4967
BOX 481, DURHAM, N. C.
WELCOME
To
NORTH CAROLINAXOLLEGE
Class Of '59
Compliments
* Of
Brig. Gen. Benjamin O. Davis, Sr.,
USA (Betired) of Washington, D.C.,
will receive the jeventh anniial Dis
tinguished Citizen Award of the State
Fair of Texas on Negro Achievement
Day, Oct. 17, during the 19.5.5 Fair,
America's largest annual exposition.
General Davi^was ttie first of his race
to attain the rank of general in the
U.S. Army. The Distinguished Citizen
Award is presented annually by the
Texas Fair in recognition of outstand
ing achievement in the field of humao
rautions.
New Members
A & T Faculty
Introduced
GREENSBORO
Thirty-new faculty mem
bers who joined the A&T Col
lege staff for the current
school year were introduced
»t the Pre-session Faculty
Orientation Conference held at
the college last week, Sept.
7-9.
Among the group were four
persons holding the Ph.D. d^
gree. These included: Dr.
Amos P. Kennedy, Benton,
La., professor of Animal Hus
bandry; Dr. Frenise A. Logan,
Albany, Ga., professor of His
tory; Dr. Walter I. Murray,
NKW YORK
Methods of implementing the
Supreme Court’s May 31
decision, of combating aati-
Negro violence, and of defeat
ing the aims at white suprema
cy groups are subjects Mgb cm
the agenda of NAACP state
conferences to be held in the
South this fall.
In making this announce-
mpnt. Gloster B. Current, NA
ACP director of branches, said
other topics to be considered by
the southern meetings will in-
elude registration and voting
campaigns, racial restrictions
in housing, and techniques oi
increasing NAACP member
ship.
NAACP state meetings to be
held in ttie North this fall, Mr.
Current said ,will deal with
“plans tor carrying out the As
sociation's resolutions...adopt
ed in Atlantic City.” Atlantic
City was the site of the
NAACP’s 1955 annual con
vention.
Baton Rouge, La., profesw>r of
Education and Dr. Broadus
Sawyer, Pinnacle, N. C., a for
mer member of the faculty,
professor of Economics.
NEW METHOD
UUNDRY
And
Dry Cleaners
Quality - Service
405 Roxboro St.
DIAL 6959
EATING AT ITS BEST
BAR-B-Q CHICKEN
BAKED HAM
STEW BEEF DINNER
ROOM RATES
323 Ejut Pettigrew St
JSOe HP
-80e op
_80c op
$250 up
Did 5-0271
Bilfrmore Hotel And Grill
LATH ALSTON, Manager
323 EAST PETTIGREW STREET DIAL 5-2#71
ECHO
SPRING
KENTUCKY
BOURBON I ecltir
The American
Tobacco Company
Now
years old
sntikv n
$9.45
$3J5
4/5 QT.
A