Word: money
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Dates: during 1960-1969
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Indeed, Muhammad, now 71, seems to have mellowed. Instead of inflaming Muslim passions, Muhammad (born Elijah Poole) is busily investing Muslim money. His energies are totally concentrated on building a Muslim-owned financial empire that some day, he predicts, will lead to a separate, self-sufficient "Black Islam nation" within the continental United States...
South Side Holdings. While investment has always been a basic tenet of the movement, Muhammad says: "We didn't have the money to go into business until now." Last year the Muslims sank an estimated $6,000,000 in businesses and real estate, two-thirds of it in Chicago, where the sect is based. Says Muhammad: "Our goal this year is ten times that amount." Few black businessmen believe that they will achieve this figure, but even if they double their investment next year, it will be a remarkable performance...
...past, most funds have come from the members themselves, who contribute up to 10% of their annual income. Now the Muslims are looking for other sources of income and are trying to negotiate a $20 million loan from various banks. Some of this money will be used for additional business investment, and one-third of it will be spent to "revitalize" the 47 schools the sect operates across the country, notably the 37-year-old University of Islam in Washington...
According to a cruel gibe at the time, Eshkol became Premier "to prove that Israel could get along without one." Lacking flair and unabashedly heimish (just plain folks), he ventured no flamboyant new policies but rather consolidated and institutionalized the investment of blood, money and effort of the earlier years. Under his leadership, Israelis fulfilled the ancient Jewish promise of meeting "next year in Jerusalem." His dream of seeing a new wave of immigration from Russia proved as elusive as peace with the Arabs, but he came somewhat closer to his political ambition of forging a single majority labor party...
...improvements and to meet regularly with a committee of his customers. Society Director Michael Padnos also arranged to have Grady Hospital, which treats many of the city's poor, review the financial status of certain patients-and perhaps reduce their hospital bills-before bringing lawsuits to collect the money...