Word: crediters
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Dates: during 1960-1969
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...have to say the truth is I don't have anything to fear from white folks, but the colored boy hoodlums in my neighborhood scare me to death. You might as well be living in the Congo. The white folks in neighborhood stores where you get a little credit have moved and are moving away and property is not kept up and is ruined. I have to say we Negroes did it all. We destroyed a fine neighborhood that others built. We got to quit blaming others and depending on the Government and expecting miracles overnight...
...Lindsay's Harlem task force, likens the Manhattan ghetto to "an underdeveloped country." It lacks indigenously owned business, gets little risk capital, and keeps losing its talent to bigger industries elsewhere-just as in underdeveloped countries. "In underdeveloped areas," he adds, "colonial banks were the only source of credit, and rarely did an indigenous businessman receive a loan until independence permitted the establishment of local banks...
...deficit-plagued Government's bills. Another $25 billion of maturing federal debt must be refinanced. Figuring that Treasury financing on such a scale would drive interest rates above their present levels, many corporations have accelerated their borrowing lest they be caught in another credit squeeze...
...University could block Cambridge urban renewal plans by not allowing the City to use the approximately $10 million Harvard has spent improving its own land as an urban renewal tax credit...
Paul J. Frank, executive director of the Cambridge Advisory Committee, conceded yesterday that the $10 million tax credit was essential to any urban renewal in Harvard Square, and "no action can be taken without...