Newspapers / The Carolina Times (Durham, … / Feb. 21, 1976, edition 1 / Page 3
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m T; Bristol? Pronof orl T Supervisor PITTSRITPr.u m B,i. "v.n iony ristow, formerly newt representative, has been promoted to supervisor - Public Education Programs in the o ,r ?elation Departmeni of Gulf Oil Corporation. Bristow, a native of Newport News, Va., received his B. A. degree in mass communications from Hampton Institute in 1970 and a M. A. degree in Journalism trom the University of Wisconsin in 1972. Ml TONY BRISTOW lan?! JJn,n8 Gulf " of new programming January, 1975, Bristow was production for the National assistant national editor in Black Network in New York. A Bicentennial Forum CHARLOTTE - On Friday evening, February 20, at 7:30 p.m. Johnson C. Smith University will sponsor a Bicentennial Forum in Rooms "B" and "C" of the Student Memorial Union. The main speaker will be C. G. Newsome of Duke University in Durham. Emphasing the roles of trie Black Church in America's Bicentennial Celebration, Newsome will discuss the topic: "The Rise of the Black Church: In the Spirit of the American Revolution. Our speaker a native of Ahoskie hold both undergraduate and graduate degrees from Duke University, having graduated Magna CumLaude. He is presently a Rockefeller Doctoral Fellowship Fellow in the School of Divinity at Duke. Newsome has served Duke University in the following positions; Student Assitant to the President; member of the Advisory Committee to the Duke University Chapel; Assistant Provost and Acting Dean, office of Black "Affairs, 1973-74; Director, Duke University Summer Transitional Program. Newsome is married to Lynne DaNean Piatt, formerly of Charlotte. Professor DeGrandval Burke is our second forum speaker. Professor Bruke is a teacher is the Humanities Department at Johnson C. Smith University r.iEncirtsin? tilAQMAli OF tIAACP SPARKS 5000 DRIVE James T. Hawkins, chairman, special drive to recruit 5000 new members for the Durham Branch, NAACP, arrived Monday, from his Florida home, to take full command of the drive. He reported Thursday that he was well pleased with the progress being made. He was delighted that the Durham Alumni Chapter, Kappa Alpha Psi Fraternity, subscribed to a $500.00 Life Membership, as the result of a resolve to cut back on frivilous social activities in order to aid worthwhile agencies, with an eye toward education, equality and freedom. The resolution also carried a contribution to the NAACP Legal Defense Fund, Central Orphanage, Religious Emphasis, United Negro College Fund, John Avery Boys Club and the Harriet Tubman YWCA. Hawkins is a member of the and Coordinator of Campus Christian Life. Student Program Coordinators are Malcolm Barksdale, President of the Student body, Miss Patricia Jessup and Miss Jennifer Weston. Dr. C. DuPont Rippy is in charge of the program. The public is cordially invited to attend. How Come? Ever wonder why the ghost walks at midnight? It's easy -the last bus usually leaves at midnight. BLACK POLITICAL DYNAMICS It is now aDDroachinc eieht years since an assassin's bullet on April 4, 1968, narrowly missed killing Dr. Martin Luther King's dream. Dr. King, the man, died. But his dream survives in the form of his political legacy: affect the "moral self-interest of the nation" through old fashioned American politics. Few remember King as political activist and advocate of political power for blacks and the poor. He was so much more. Yet, in many ways he was godfather to -many of today's cr6pl'bf':4,orj0 " bteck-elected offldaH'U nearly" 20D(peVfl'ce'rit more than were in office in 1968. At least a year before his death, Dr. King's concern about the response to the civil rights movement and about what he termed "the paralysis of analysis" led him to search for new ideas, and new tactics, and more direct political involvement than voter registration. The Vietnam War and student protest - combined with continuing poverty, racism and diserimination gave hime the political opening he sought. Historian David L. Matthews, author of KING: A CRITICAL BIOGRAPHY, captured the King political legacy in these lines: "The new aooroach was to be powerful enough, dramatic enough, morally appealing enough, so that people of good will, the churches, labor liberals, intellectuals, students, poor people themselves began to put pressure on congressmen! It was to be much more than a coalition of the dispossessed in tk BUS, By Charlet E. BU by Eddie N. Williams and disadvantaged ...This new approach- was to be a popular front, a militant amalgam of the racially abused, the economically deprived, and the politically outraged, cutting across race and class ... ;he formula for success depended upon arousing what King called the "moral self-interest of the nation ... Racial compassion had to be reinforced by old fashioned American political quid pro quo". King s reassessment, according to Matthews, took place In 1967: a watershed year ta the history - of Dr. king's movement, the year in which Carl Stokes was elected mayor of Cleveland and Richard Hatcher mayor of Gary the first black chief executives of major American cities. This also was the year of the first national meeting of black elected officials who numbered only around 400 at the time. How ironic that that meeting was held in Chicago where just a year earlier King's campaign for housing, jobs and education had been labeled by some as 'premature, strident, and counter-productive." It is of equal historical note that the third national meeting of black elected officials was held last December - almost a month to the day of the 47th anniversary of the hirth nf tv King. It was held in nation's capital. Nearly a thousand black officials attended, including some of King's chief lieutenants: Congressman Andrew Young and Congressman Walter Fauntroy. In case anyone missed the connection between the King era and today's black political thrust, the presence of Mrs. Corretta Scott King at the Institute was a dynamic and stirring conjunctive. But the purpose of the Third National institute was not to commemorate the past. Rather, it was,vas Dr. King would have had it to be to fulfill the dream for black and poor America. Like King in 1967, they pursued an agonizing appraisal. Political assets must yield economic benefits. They recognized that budding black political power will not be credible until there are higher registration and turnout rates, sophisticated voter behavior, visible evidence of electing friends and defeating foes in the political arena. Nor will it be credible until it results in a better life for the forgotten America. These black elected officials, recognized the role Dr. King played in their political lives, pledged: 1. To identify concensus issues which facilitate organization and coalition building; 2. To organize state and local political power bases; 3. To develop a national coordinating council to orchestrate state, local and other political efforts where national action is required ; 4. To work within both political parties when possible and outside of them when necessary; and 5. To be honest, informed and disciplined leaders. The dream is neither dead nor deferred. (7MNPA). THE BULLS AND A BAR Stock market investors are currently enjoying a bull market. This is to say that the trend of most stocks is thought to be going upward. Indeed the initial thrust would seem to be driving every security in sight to a higher price. The reason cited mostly by the bulls is that interest rates, inflation rates and unemployment rates have come down or are likely to come down this year. There is plenty of evidence that the first two have taken place. The bulls have not waited for the whole hog, but have run with ' the bones. Sharp reductions in the Federal Reserve Bank discount rate has put downward pressure on the prime rate. The prime rate, of course, is the lowest lending rate banks will charge their best customers, mainly big national name I corporations. The Federal1 Reserve Bank, the nation's banker, charges the discount rate to banks when they need to borrow. By lowering the discount rate, hence the prime rate, it is hoped that businessmen will bust down the bank doors to borrow and expand business. It has been said that no businessman in his right mind would ignore money at a cost of only 3 percent. Thus the sophisticated sorceres of Wall Street see a six percent prime rate as possible. This is three percent actual cost of money to big borrowers because half of the cost of interest payments are absorbed by Uncle Sam in tax write-offs, as interest expenses when paid by corporations. The second bite for the investor is that consumer prices are declining almost daily. Last year the consumer price index came down 17.2 percent from its average monthly gain of 11 percent inflation rate in 1974. In December, it was only at a seasonally adjusted six percent annual rate, down 28.5 percent from the two pervious months. These two lowered inflation and interst rate figures have caused near convulsions in the common stock market. Primarily because they predicted an end to an enemy called inflation and forced high interest seeking funds to find a new home. The stampede into the stock market does not mean that unemployment will be scared away. True corporate profits will make a pretty picture this year, but not be rehiring extra workers. Continued inflation-deflation is dependent on a decent crop year in California and elsewhere. Drought could drown out any hope for future falling commodities' prices. More people may be praying for rain than farmers and politicians. Russia can still run our food prices up with her expected additional 2-3 million metric tons of grain purchases, if a drought does its thing at the same time. It is an election year and as expected there is a lot of bull around. (NNPA) Greek Letter organization, would swing into full stride by' Martin JenUruU the folemarch, Fny 21, with a proErea : the presiding offler, and -J. J. rlok being made at the Henderson is PolemarchmTtlBy meeting, which will be Emitu. held at Covenant Presbyterian iic icpmicu uuu uic anve vurcn.4pjru,reb.22. fill', i -j r H. ,;-') . I )! .'i' fi Hawkins has dubbed the drive as the "Bicentennial Push for Full Freedom'. Hr is organizing to the extent that biufaienes. youth fraternities, sororities, secret orders and civic clubs are being drafted. freedom, Alsxmder Earn, Toe white community will be president, and Samuel Seed, canvassed through the pastors of well - knows ocmmakf tad churches, labor leaders and other bbor leader, are forming a team white organizations that have to work in the white shown an interest in full community. ' ' ' The &st time you buy it reputation. The second time you buy it for its taste. I0NDON DISTILLrI I DRYGIN J IMPORTED FROM ENGLAND BY KOBRAND N.Y., N.Y., 94 PROOF, 100 GRAIN NEUTRAL SPIRITS in ill RftftMfcp I'OHFOJMIifiiri i Rrl976 7 General Motors r brings you Savings in scheduled maintenance. MARK OF EXCELLENCE Designed and engineered for a changing world. You've heard the news about GM's new mini, Chevrolet Chevette. EPA estimates of 40 mpg highway, 28 mpg city. Now take a look at some of our other small cars. Chevrolet Chevette with 1.4-liter 4-cyl. 1-bbl. engine, 4-speed manual -transmission and standard rear axle. The mileage you get will vary according to the kind of driving you do, your 'driving habits, your car's condition and available equipment. Pontiac Sunbltd If you haven't bought a new cat in the past several years, you'll find a new world of smaller GM cars to choose fronpr And new features that have contributed to improved fuel economy while Butting down on scheduled maintenance. A big choice of small models with good gas mileage. If gas mileage is at the top of your list of reasons for buying your next car, we think GM has what you want. Take a look at the chart and you'll see what we mean. Of. course these figures are estimates. The mileage you get will vary according to the kind of driving you do, your driving habits, your car's condition and available equipment. Bulck Skyhcwk OWtmoWIt Onwgt Thanks primarily to the GM-deslgned cata lytic converter, the use of unleaded gas and the High Energy Ignition System, your spark plugs can last up to 22,500 miles. And there are no points and ignition condenser to replace. Ever. In addition, GM's clean-running engines tet you go up to 7,500 miles for the first oil and oil filter change Interval and chassis lubrication. A new world of cars awaits you. Cadillac Savin In just a few short years the automobile as we've known it has undergone an enormous transformation. On the engineering side, GM has been in the forefront by offering such things as the catalytic converter, smaller, more economical engines and space-age electronics for ignitions, fuel injection and service diagnostics. On the maintenance side, we've significantly lengthened recommended service intervals. And on the selection side, we've come up with new smaller models. So if you've been out of the new-car market for several years, stop by your Chevrolet, Pontiac, Oldsmobile, Buick and Cadillac dealers soon. EPA ESTIMATES MODEL ENGINE , TRANSMISSION HIGHWAY OTY Chevrolet Monza 140-cu.-in. Manual 35 2 4-cyl. 2-bbl. Chevrolet Vega 140-cu.-in. Manual 35 22 4-cyl. 2-bbl. , Chevrolet Nova 250-cu.-in. Manual 25 ifi 6-cyl. 1-bbl. Chevrolet Camaro 250-cu.-in. Manual 25 17 6-cyl. 1-bbl. Pontiac Astre 140-cu.-in. Manual 35" 22 4-cyl. 2-bbl. Pontiac Sunbird 140-cu.-in. Manual 35 22 4-cyl. 2-bbl. Pontiac Ventura 250-cu.-in. Manual 25 VT 6-cyl. 1-bbl. Pontiac Firebird 250-cu.-in. Manual 25 17 6-cyl. 1-bbl. Oldsmobile Startire 231-cu.-in. Manual 30 18 V-6 2-bbl. Oldsmobile Omega 250-cu.-in. Manual 25 17 6-cyl. 1-bbl. Buick Skyhawk 231-cu.-in. Manual 30 18 V-6 2-bbl. Buick Skylark 231-cu.-in. Manual 25 ii V-6 2-bbl. Cadillac Seville 350-cu.-in. Automatic 21 15 V-8F.I. We want you to drive what you like and like what you drive. GENERAL MOTORS. MAKER OF CHEVROLET, PONTIAC, OLDSMOBILE, BUICK, CADILLAC, CMC AND CEEVY TtL'OS
The Carolina Times (Durham, N.C.)
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Feb. 21, 1976, edition 1
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