Business: THE BIRTH PANGS OF BLACK CAPITALISM

FOR all the divisions that rend the U.S., there is at least one point of agreement between blacks and whites, Democrats and Republicans, young and old. It is that Negroes are not really part of the mainstream of American enterprise, and that they should be brought into it through the classic means: ownership of business. Richard Nixon has called for a mixture of Government loans, tax incentives, private business aid and Negro self-help to create "black capitalism." Hubert Humphrey, urging all of that but with greater emphasis on Government aid, has stumped for...

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