NEGROES: Industrialists

In Chicago, celebrating the 25th anniversary of the day when it was founded by Booker T. Washington, the National Negro Business League convened. Dr. Robert R. Moton, President of Tuskegee University, presided. In his opening speech he referred to the National Negro Finance Corporation, recently organized as a financial backer for Negro enterprises: "For 16 years the founder of this organization, Booker T. Washington, sought with tact and courage to overcome what seemed almost an obsession with our people— business fear and timidity. In large measure as individuals, and even more so...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!