JCSU's Mary L. Belk Early Education Center's Exclusive Teaching For Tots Lifestyles/ Page 13A Corbett Claims Olympics Snubbed MEAC Spoiis' Page SB It’s Almost Hampton JazzTime Entei-tainment/ Page IB ^l)t Cjjarlotte The Voice Of The Block Community” Thursday, May 12, 1988 Price: 50 Cents Black Caucus Splinters, New Black PACs Emerge Black Citizens Agenda, Ministers Conference No. 2: PACs Formed This Month By HERB WHITE Post Staff Writer Mecklenburg County's roster of political action committees grew last week with the forma tion of two black-controlled PACs. The Charlotte-Mecklenburg Ministerial Conference No. 2 and the Black Citizens Agenda, which have endorsed county commissioner Bob Walton in his reelection bid against chal lenger Naslf Majeed, filed with the Mecklenburg Board of Elec tions as political action com mittees. According to state law, any or ganization trying to affect the outcome of a political race by raising or spending money is subject to filing as a PAC. Com mittees or organizations that don't transfer funds but uses other methods, such as distrib uting Information are liable as well. Bill Culp, the elections super visor, said the organizations filed as protests mounted over the activities of some organiza tions. "This has been precipitated by a series of complaints," he said. "We don't go around trying to make people file unless we get complaints." Majeed supporters have charged that the Black Citizens Agenda Is a splinter gi'oup of Walton followers v'ho bolted the Black Political Caucus, another PAC, after It endorsed Majeed in the Democratic primary. The BCA endorsed Its own slate of candidates. Including Walton, In the primary election and handed out flyers at some polls. Walton said In an Interview Tuesday he has no knowledge of the organization and blasted Majeed for tiylng to link him to It. "If there were some citizens passing out papers. Mr. Majeed should have some type of docu mentation." he said. Walton said he has no Idea Mm ml Jesse Jaekson Record 15,000 Cheer Jackson At N.C. A&T 'CALVIN FERGUSON Special To The Post By Richard E. Moore GREENSBORO, N.C. - By die time the Rev. Jesse Jackson stepped briskly onto the stage in the huge Greensboro Coli seum last Sunday morning the audience of 15,000 was ready for him. They cheered him upon his entrance, and punctuated his 20-minute talk with constant clapping as he lambasted hls political opponents or anyone else who would tend to keep blacks down. By the time he gave his famil iar "thumbs up" sign, the 900 graduates, parents and friends were standing and cheering with unrestrained enthusiasm. That was the scene at A&T State University's 97th annual commencement, and Jackson was at his oratorical best. "When I'm running for Presi dent," he said, "I'm Just acting out my lessons." That was a ref erence to what Jackson said he learned more than 20 years ago as a student at A&T. He said his candidacy should be an inspi ration to other blacks to enter the political process at the highest levels. "It's not enough to say 'run, Jesse, run,"'he said. "Ificanrun for President, surely you can run for governor. If I can run for President, surely you can run for senator. If 1 can run for President, surely you can run for attorney general." Jackson added that by his candidacy, he is "taking the lid off dreams. There are no more See JACKSON on page 2A Rev. James Palmer ...President of Ministers' PAC who the members of BCA are but supports their right to support the candidates of their choice. "I can't tell you that I know the people who are responsible (for handing out endorsements)," he said. "I don't have any affilia tions with that group...I assume that there will be some account ability." In papers filed May 3, Clara Williams, secretaiy of BCA, filed organizational papers with the elections board establishing the organization as a political com mittee. 'J'he written purpose of the committee, the report stated, is to "support black candidates in elections." "I was really quite concerned that candidates were not being endorsed," Williams said during a brief interview Tuesday. She declined to discuss the PAC fur ther, ciUng the threat of a thun derstorm that made it difficult for her to go on. "I'd love to talk to you, but 1 don't like to talk during a storm," she said. "Let me have your number and I'll call you to morrow." The call was not returned. The Rev. James Palmer, pastor Gantt Gives Challenge To Grads ORANGEBURG. S.C. (AP) — Former Charlotte Mayor Harvey Gantt last Sunday told about 700 South Carolina State College graduates that he had very high expectations for them because of their alma mater. "The name. South Carolina State College, is revered because much of the leadership cadre for black South Carolina came from this univer sity," Gantt said. "You young men and women who graduate to day then Join a line of spe cial citizens," he said. "1 Gantt hope your new status as State graduates will generate pride for you." Gantt, who was the first black to enroll at Clemson University, said he saw in the graduates a vi tal force ready to bring fresh ide as to old problems. "I see an educated gentiy that can challenge age-old concepts," he said. Gantt explained that though many blacks are on the rise in society, they are living in the worst of times as well as the best. 'There's a fire burning out of control across America," he said. People are becoming mired in liopelessness. This is the sec ond America, and unfortunately it is proportionally black." Following Gantt's speech, the college confened honorary de grees on Lt. Gen. Henry Doctor Jr., Ruby Forsyth, U.S. Sen. Ern est F. Holllngs, and M. Maceo Nance Jr. Sammy Davis Jr. and U.S. Sen. Strom Thurmond were absent from the commencement and will receive honorary degrees later. Despite student protest during the past two weeks about the granting of honorary degrees to Thurmond and Hollings, things went smoothly Sunday during commencement exercises as Hollings received a Doctor of Laws. Protesting students had been expected to walk out of Dawson Bulldog Stadium, but all remained seated. of University Park Baptist Church, filed a report May 5 as president of the ministerial con ference and listed Wilch Cald well of Faith Memorial Baptist Church as treasurer. Neither were available for comment before press time. Culp said there have been oth er black-oriented PACs before, notably the Black United Forum and the Black Political Caucus. BUF Is on file with the state elections board in Raleigh as a political committee, Culp said, but the Black Political Caucus is delinquent In filing with Meck lenburg. "They came down (May 2) to pick up papers, but they didn't file," he said. As a result, the elections board will report the committee to the state for failing to file as a polit ical committee, which can cany a fine of up to $100. Bob Davis, president of the caucus, said the organization may not fall under the guide lines for PACs and will wait for a ruling from the elections board. "We're not sure we're a PAC," he said. 'We don't sponsor candi dates, we Just endorse them. We need a ruling from Bill Culp to decide whether we are a PAC and then we'll vote on whether we want to go that route." Nasif MBijnrd makes a point during last irr rlr'n prr iw Candidates Trade Barbs By HERB WHITE Post Staff Writer If this week's comments by District 2 county commission candidates Bob Walton and Nas- if Majeed are an indication of how the campaign will turn, break out the foxholes and head for shelter. With less than three weeks to go before tire May 31 runoff elec tion, the campaign fires got a couple of logs heaped on as Wal ton and Majeed traded barbs. Majeed ojx;ned with a scathing attack of Walton's performance -iiA ; ii.'.rv.l'i n, ‘.i'CiKk.y pi fss conference, calling ihc lO-yeai incumbent "morally bankrupt." "Bob let me tell you one thing," Majeed said. "With almighty God's help, I would rather be per sonally bankrupt any day than morally bankrupt as you arc." Walton said he wouldn't re spond to Majeed's statements In a Tuesday interview, but retali ated by saying the challenger is being led by advisors who are us ing "underhanded tactics" and misinformation to oust him from office. In offering his harshest criti cism of Walton to date, Majeed said he had used a lot of disci pline to stay away from nr-;' \Uw caropaigumg before the M.il 3 primary. He said it would've been easy enough to blast Wal ton then, but he preferred to stick to the high ground. "If I were not concerned with the long range well-being of the citizens of Mecklenburg County, I could have made many truthful statements about my opponent that could have personally sat isfied me but it is out of my char acter to make even those state ments," Majeed said. "1 wanted to win, hut not at that price." The charges didn't stop there. Majeed lit into Walton for alleg edly endorsing county district representation but going for a "safe .seat" in District 2 seat in stead oi P inning at-!argi,, "Was Hob looking oul, for '.he See WALTON on page 2A Black Firms Face Restructuring Mtrw VrUJK- T-U r, . . . . NEW YORK (AP) — The na- : tion's largest black-owned com panies are restructuring to face competition and an uncertain economy, according to a new survey released Monday by Black Enterprise magazine. The magazine's latest annua] survey of the top 100 black in- ■ dustrial and service companies shows that, like many U.S. com panies in general, leading black businesses are exploring new ap proaches In order to be competi tive. Many black companies have ; grown recently through mergers and acquisitions. Joint ven tures, new technology and mar- ; keting approaches, and branch ing out into new industries, said the survey In the magazine's June Issue. ' Taken together, the top 100 companies ranked in the survey . had gross revenues of $4.1 bil- I lion in 1987. All but one of them ' are privately owned. The competition was fierce . enough last year to force into ! bankruptcy three companies formerly on the list: United Chem-Con, an electronics man- I ufacturer and defense contrac- : tor: hair-care products maker American Beauty Products: and , oil products distributor J.R. Son ' Inc. The survey points to black- owned computer and informa tion services companies, con struction firms, hair-care prod ucts makers and car dealerships as especially successful catego ries. The biggest and fastest-growing black company is TLC Beatrice International Holdings Inc., a food manufacturer and distribu tor formed from the $985 mil lion leveraged buyout of Beatrice International. In a leveraged buyout, the acquirer finances the purchase of the target com pany with sales of its assets or the cash flow of the target com pany. New York-based TLC Beatrice, headed by Wall Street attorney Reginald F. Lewis, was the first black company to make more than $1 billion in annual sales and reported revenue of $1.8 bil lion in 1987. The company's 61 businesses include Butterball' turkeys and Good Humor Ice cream. The buyout of Beatrice "places Lewis on the cutting edge of cor porate finance and gives him ac-l cess to Europe, Latin America^ and Asia, three of the world's fastest-growing markets," the Black Enterprise survey says. Other black entrepreneurs - — : such as Gaiy L. White of lYans Jones Inc.-Jones Transfer Co. and C. Everett Wallace of City &. Suburban Distributors Inc. -- have used leveraged buyouts to; propel their companies into the top 100. The second-ranked company! See BLACK FIRMS on page 3A Nation’s Top Black Firms NEW YORK (AP) — Here are 25 of tlie too largest black-owned companies in Uie United States, based on 1987 revenue, as com- I'iled by Black Enterprise maga zine. To qualify for the list, a com pany must have been fully oper ational in 1987 and must be at least 51 percent black-owned. It must manufacture or own the product it sells or provide indus trial or consumer services. AU but one of the companies — Joimson FYoducts Co. Inc. — are Inside This Week Editorials Pg. 6A Is the power of the black church being usmped? Lifestyles Pg. 8 A Church News Pg. 9A Albert Outing Will Give Trial Sermon at Second Calvary Baptist Entertainment....Pg. 1B Jahruba Allsbrook to host TROPICAL BEAT on WFAE 2B Sports Pg. 8B The life of Jackie Robinson goes on tour. The exhibit's now in Atlanta Classifieds Pg. 14B Subscribe to the Charlotte Post, call 376-0496. Salute To Local Grads Don't Miss It! Next Week In The Charlotte Post privately owned. The list includes the company. Us headquarters city, line of^ business and 1987 revenues: 1. 'ILC Beatrice International! Holdings Inc., New York, pro cessing and distribution of food products, $1.8 billion. 2. Johnson Ikiblishing Co. Inc.,. Chicago, publishing, broadcast- ing, cosmetics and hair-carej products, $201.6 million. j 3. Philadelphia Coca-Cola Bot- See NATION'S on page 3A. Urban League Mobilization Town Meeting There have been four town meetings scheduled geographi cally around the city, as a result of the Urban League's Education Initiative Task Force Report. These town meetings will he coordinated by Ron Leeper. They ar^ designed to get the black community involved in the education of black youth. The ne.xt meeting is scheduled for Thursday, May 12th, at Anti och Baptist Church, 232 Sky- land Avenue, 7:00 p.m. For additional information contact Ron Leeper at 525- 7926.

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