Black Business in the New South: A Social History of the NC Mutual Life Insurance Company

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Duke University Press, Jan 27, 1993 - Business & Economics - 352 pages
At the turn of the century, the North Carolina Mutual Life Insurance Company became the "world's largest Negro business." Located in Durham, North Carolina, which was known as the "Black Wall Street of America," this business came to symbolize the ideas of racial progress, self-help, and solidarity in America. Walter B. Weare's social and intellectual history, originally published in 1973 (University of Illinois Press) and updated here to include a new introduction, still stands as the definitive history of black business in the New South. Drawing on a wide range of sources—including personal papers of the company's leaders and oral history interviews—Weare traces the company's story from its ideological roots in the eighteenth century to its economic success in the twentieth century.
 

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Contents

1 The Evolution of Uplift
3
2 The Company with a Soul and a Service
29
3 Survival and Success
50
4 Expansion and Retreat
103
5 That Good Ol Mutual Spirit
133
6 The Second Survival
154
The Burden of Race
179
Politics and Race Relations
211
The Dividends of War
265
Sources
289
Index
305
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