4B
-THE CABOUKA TOOK SATURDAY, AUGUST HUM
SLUM CLEARANCE PROFITABLE SAYS EXECUTIVE
Already in the muHrl >■«*- ure many plun> l» turn cllv ghettos
into healthier  l oiiiiiiunilU-x. rrealing 8250 billion in ■■■» bu>i
nOM anil helping Inday't ghetto d*«-ller» lo heroine more pro
ductive. (I'bolo fourlny American Snarly of Civil Engineer*.)
Higher earnings for subur
banites and city-dwellers alike
are predicted't»y a top U.S. in
dustrialist who estimates that
5250 billion in new business will
be created by the rebuilding of
urban ghettos.
Although the work will be
done in the cities, a healthy
chunk of the revenue is likely
to be carried home by residents
of smaller communities. es|>c
ciallv jH'ople who work in con
si ruction. real estate, and build
ing product manufacturing.
City ghettos will need at least
10 million new single and multi
dwelling units by the end of
this century, according to W.
Wilfred Groves, general man
ager of the 100-year-old U.S.A.
lock and hardware operations
of Eaton Yale & Towne Inc .
America'* leading firm in the
field.
Biggest Single Market
"Businessmen who ignore the
urban crisis today and in the
immediate future could be over
looking what may possibly be
the single biggest market in the
history of this country." said
Groves.
"Sick cities must be saved
not only because of social re
sponsibilities to those existing
in ghettos, but because these
cities represent an economic ne
cessity to business. Markets to
day deteriorate in the slums,
and thrive in healthy areas." he
/&dded.
In tbs, industrialist's view.
James Brown Endorses All
Black Candidates and HHH
ANGELES, jCALIF.—
Singer James Brain, pupsllf'
ly known as "Soul Brother
no. 1, used Watts as a back
drop In endoning "all black
political candidates" and Vice
President Hubert H. Humph
rey.
Brown shared the platform
with Vice President Humphrey
at a brief prolan in a vacant
lot, during the Vice Prssident'i
visit to the Watts Manufac
turing Plant and an anti-pover
ty project
Arriving a tew minute* after
the Vice President, Brown was
mobbed by hundreds of fane,
young and old. A hup rip> be
hind the platform read: "Watts
welcomes Soul Brother James
Brown and Hubert Humph
rey."
The Vice President inter
rupted his remarks to Intro
duce Brown. Hill Is what the
dynamic "Mr. Soul" had to
aay:
"So many times, we have
sleeted political candidates
who haven't got the ritfit pic
ture. They're not with it We
ritould know what's going to
be done for black people. So,
I'm going to start now by
making a tew overturn to the
pn tie men standing on my
right (Vice Prerident Humph
rey) and I'm going to aee how
be responds to them.
"First, I would like to say
that the black man wants own
ership. He wants to be aUe to
owp his own thinp and make
up his own mind. Number one
in the black community, in
the low income areas, is ths
■aad for batter housing... 10
that we dout ham to stay in
dumps, like I lived In when I
WW • kid.
"Number two Is the need
for hospitals In the biaqk com
munity..jo we don't have to
stand around and bleed to
death, since the nearest hospi
tal is mile* away, downtown
MkigiMrliMi M
PIIPRIPI*.
"I mean, thk to the way It
to. I believe fo teUng It like it
fo I dont know any better
words- rm going to tell it just
"•lumber three to Dm need
fog «u own hanfo so we can
pt some money «d do thfop
for ourselves, tt^bajw^ocr
American business today can
-1 not monetarily afford the con
tinued existence of slums. Dc
! cay of the inner-city hastens
I the exodus not only of families
but businesses as well to the
suburbs. Asa result, retail trade
■ falls i>(T sharply and an increas
-1 ing share of the tax burden
falls on industry.
; Eaton Yale & Towne. a
multi-national company with 90
o|>erations around the world,
markets truck and oIT-highwav
vehicle components, construc
tion and logging equipment,
automotive products, locks and
• builders' hardware, materials
handling equipment, control
systems and general products.
The company's sales for the six
i months ended June 30, 1968,
were $432.198.000.
From where will the money
to rebuild ghettos come? "From
the very ghettos we are rebuild
ing." predicts the lock and
hardware executive. "History
shows us again and again that
when deprived people gain ade
quate housing, education and
security, their productivity
rises.
"Even the huge sum of $250
billion comes to less than $1,250
for each American alive today,
and cleaning up our ghettos
should save several times this
amount in increased productiv
ity and in lower costs of wel
fare. fires, insurance, thefts and
police work.
"Companies that set out to do
good may end up doing well."
"Number four to the need
for hotels...so that when our
Mends come to see us, they
can visit us in the black com
munity and not go downtown
and stay* in the white com
munity. We want to hare good
thinp where we can enjoy
them."
"Now the candidate that
can give me this knid of thing—
that's the man I endorse. I
don't endorse the party,.l en
done the man," Brown said.
In his response to Brown,
Vibe President Humphrey said,
"what Brown has said fo elo
quently Is what I stand for and
a what I have tried to say to
you before he arrived."
"If America can fight for
the self-determination of a peo
ple eight thousand miles away,
we alio should be willing to
commit ourselves and work for
self-determination and full par
ticipation In the American
Black community."
208 * *
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Grambling College Professor
Authors New Economics Book
By Ansel L. Creary
GRAMBLING, Ga. - Sieg
fted B. Ayatey, associate pro
fessor of economics at Gram
bling College, is the author of
a new book, "Central Banking.
International Law and Econo
mic Development: Studies on
West Africa," published by
Wm. C. Brown Book Company,
Dubuque, lowa.
The book is a detailed study,
in two parts, of the economic
system of the region and the
Western idea of international
law. , 1 *
 The author has explored
new ways In which the region
could solve Its economic pro
blems, and the role the central
bank can play In the efforts of
a new nation to realize econo
mic Integration and growth at
i reasonable pace without go
ing to the extremes of Infring
ing upon the rights of the Indi
vidual citizen.
Part two of Ayatey's book
treats International law and its
problems, and surveys the de
velopment systems in West
Africa with particular refer
ence to relevance to institu
tional principles akin to the
interpretation of the Western
traditional concept.
Hie old international buga
boo, the balance of payment
deficit, comes in for special
treatment by the author who
explains economic measures
persued in the region to bring
about cutbacks In Imports
while working towards step
ping up export trade.
As the new West African
nations strive towards econo-
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rak Independence, the central
banking establishment Is cast
In a major role: that of regu
lating fundi for the big Indus
trial push to realize financial
independence at home.
Ayatey, a native of Ghana,
received the bachelor of arts
degree In 1958 at Philander
Smith College, Little Rock,
Ark., and the master of arts a
year later from Atlanta Univer
sity, Ga., before going to Cath
olic University of America
Washington, D. C. where he
received another masters de
gree, this time In political
science prior to working on
the doctorial program in eco
nomics, most of which is now
completed.
Prior to joining the Gram
bling faculty, Ayatey was asso
ciate professor and co-chair
man of the economics and
business department at Arkan
sas A.M. & N College, Pine
Bluff. He has also worked for
the World Confederation of
Organizations of the teaching
profession both at Atlanta
University and Catholic Uni
versity, and the U. S. State
Department Foreign Service
Institution.
He is a member of the
National Social Science Honor
Society.
Ayatey is now working on
the manuscript of his second
book, an intermediate text on
economic theory with empha
sis on the use of graphs and
mathematics.
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ELIZABETH CITY - Jeff
Elwood Smith has been ap
pointed Registrar at Elizabeth
City State College according to
an announcement. The ap
pointment fills the vacancy
which was created when Tay
lor E. Jones resigned in Jan
uary to accept a position at
Fayetteville State College.
Hie veteran school adminis
trator is a native of Gaston,
and is an alumnus of the col
lege, having graduated with the
rlosK of 1942. Smith received
the Master of Arts Degree in
Elementary Education, School
Administration and Supervi
sion from New York Universi
ty in 1951. He has also com
pleted all residential course re
quirements, except 18 hours,
towards the doctorate.
A veteran of World War 11.
Smith served as a teacher in
the Durham, North Carolina
School System from 1948 thru
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1966, and as principal of Crest
Street and Walltown Elemen
tary Schools from 1956 thru
1968. He is a member of: Al
pha Kappa Mu Honor Society,
National Education Associa
tion, Noith Carolina Teachers
Association, Department of
Elementary School Principals
of the NEA, and other Educa
tional and civic organizations.
Dr. Thorpe also announced
that Maude W. Ballou, B. S.,
Southern University, who
served as Acting Registrar from
January through July, was ap
pointed to the position of As
sistant to the Registrar at Eli
zabeth City State College.
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