Word: kelso
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Moreover, blacks continued to exercise power within the councils of the Republican party. Although the Hayes Compromise illustrates that much of this power was illusionary and provisional, the fact that two blacks--Blanche Kelso Bruce in 1880 and John R. Lynch in 1884--became temporary chairman of successive Republican conventions is not totally devoid of significance...
...after by its own actions--or more precisely that actions of Hayes--it had brought about the political bankruptcy of black people in the Deep South. Second, it demonstrates the degree to which politically skillful black men were able to institutionalize their power within the party. Both Bruce and Kelso were from Mississippi, a state that had been fatally unreconstructed by Hayes's removal of the Federal troops. Although this meant that it was impossible for either man to deliver the same vote in the national election that they had earlier given to the Republican candidate, it was not until...
...cost of stock purchases in private and public corporations for workers who could not otherwise afford it. In addition to giving Puerto Ricans a second income, the plan is expected to stimulate consumer demand and spur business growth. The idea was developed by San Francisco Lawyer and Economist Louis Kelso (TIME, June 29, 1970), who helped draft the program. He has been working for years to get such a plan adopted in the U.S. at both the federal and state levels...
...even if one looks at only the major parties, the nineteenth century beckons again. This time we come upon a man who is less well known than he deserves: Blanche Kelso Bruce. Born into slavery, Bruce as a young man opened and taught Kansas' first grade school for black children. He eventually became the first Negro to serve a full term in the U.S. Senate (1875-81), where he vainly fought against a bill to exclude Chinese immigration and fought for the rights of American Indians. He was later named to important posts by Presidents Garfield, Harrison, and McKinley...
...Kelso has worked out an institutional approach to the division of new wealth now emerging," Wood added. Kelso expects $60-100 billion of additional capital in the near future in the United States, he said...