Word: self-help
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...year municipal securities. Though they then paid high yields and bolstered bank earnings, they were far tougher to sell than the lower-paying short-term Treasury notes that most banks buy. To attract more money, B.O.C. made what other bankers considered risky loans to oil prospectors, restaurants and black self-help groups. Still, during the first five years of Parsons' management, B.O.C. assets tripled to $1.5 billion and its earnings quintupled to $11 million...
...commission did find one hopeful sign: a "new tough pride, self-confidence and determination" of minorities to build their own grass-roots institutions of self-help and reach "for the levers of power." At the same time, the report warns: "The most disturbing point most of those we spoke with made was that they had no faith at all in 'the System'-the Government and the private wielders of power-as a protector or a provider...
...head shops, long hair and beards, communal living and radical politics set the residents of the counterculture's Southern headquarters off from their contemporaries at Uncle Sam's. Although resistance to the hippies has resulted in periodic crackdowns along "The Strip," the community has emerged with its own self-help alliance to provide social and medical services to the permanent and transient members of the neighborhood. The hip community is now so firmly established on the city's scene that Mayor Massell dropped in on a recent "People's Fair" in nearby Piedmont Park. Massell's ingenuous explanation...
...project. "I thank the Lord for the manifesto," says the black director of the Disciples' program. "It showed the denominations that the alienation was deeper than they thought." > The U.S. Catholic Bishops' $50 million Campaign for Human Development, launched last fall, is pointedly aimed at funding minority self-help projects. A one-day nationwide appeal last Thanksgiving netted a generous $8,400,000, comfortably more than the initial target...
Princeton has set up a category of students accepted but placed on a waiting list for scholarships. Yale has been forced to raise its self-help level-the difference between financial bid and costs which the student is expected to earn or scrounge up himself-to $1350. Harvard...