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...plan is well under way in Savannah, where 40 impoverished Negroes have been helped to buy homes and 23 have received loans to begin or expand their own businesses. The bank has also mounted cleanup campaigns in the Negro neighborhoods of Valdosta and Albany, Ga., where thousands of blacks and whites together swept up and carted away hundreds of tons of junk. When the campaign was repeated in Savannah, some 30,000 people showed up to participate. Last week Lane introduced his plan to seven other Georgia cities, including Atlanta...

Author: /time Magazine | Title: Black Capitalism: Seed Money in Georgia | 5/23/1969 | See Source »

...political conservative with segregationist sympathies. His dealings with non-U.S. blacks over the last two years, when he helped organize the Jamaica Citizens Bank (49% owned by Citizens & Southern), radically changed his outlook. Back in the U.S., he drove around the slums of his native Savannah and was appalled by what he saw. "It is high time," he said, "that we get around to emphasizing what a person...

Author: /time Magazine | Title: Black Capitalism: Seed Money in Georgia | 5/23/1969 | See Source »

...Whisky. Business loans go only to those who show an ability to manage enterprises that promise to benefit the community. Thus CDC turned down applications for liquor stores and a hippie-trinket shop. Instead, it put Savannah's first Negro used-car dealer into business and financed dry-cleaning shops, groceries, beauty parlors, even a small firm that manufactures porches for mobile homes. Thus far, $1,000,000 has been distributed in loans ranging from $2,200 to $25,000. Another $1,000,000 went to the biggest slum landlord in Savannah, a Negro. The money will...

Author: /time Magazine | Title: Black Capitalism: Seed Money in Georgia | 5/23/1969 | See Source »

...Georgia sharecropper, a child of the Depression who was twice a high school dropout. He eventually went to Georgia's Fort Valley State College, worked as a probation officer in. Savannah, and then moved to Chapel Hill in 1964 as a graduate student in social work. Lee's strenuous campaign centered on the contention that Chapel Hill, whose voting population is less than 10% Negro, was failing to meet the needs of its people in public transportation, recreation, city planning and housing...

Author: /time Magazine | Title: Nation: Breakthrough in Chapel Hill | 5/16/1969 | See Source »

...told the judge that he would soon be filing such a petition. "I understand this man's a pretty fair jailhouse lawyer," Battle noted. Ray may also receive professional help. Last week he wrote to his previous defender, Arthur J. Hanes. Then Lawyer J. B. Stoner of Savannah, Ga., a lifelong anti-Negro and anti-Semitic agitator, announced that he would represent Ray in several libel suits...

Author: /time Magazine | Title: The Ray Case: Request for a Reprise | 3/28/1969 | See Source »

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