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

Walter B. Weare (Author)

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Book Description

January 27, 1993
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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"A much-needed introduction to the social dynamics of black capitalism. . . . Weare is a careful custodian of the black experience and students of southern and black history will profit from this work."
--Raymond Gavins, "North Carolina Historical Review"

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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
legal reserve status, legal reserve company, sick claims, negro enterprise, negro insurance, ordinary insurance, racial cooperation, fusion politics
Key Phrases - Capitalized Phrases (CAPs): (learn more)
North Carolina Mutual, Spaulding Papers, New South, New York, John Merrick, Kennedy Papers, United States, Parrish Street, Kennedy Scrapbook, White Rock, National Negro Business League, Durham Morning Herald, Miles Mark Fisher, Chapel Hill, Carolina Times, Walter White, Race Accommodation, Columbus County, The Burden of Race, South Carolina, True Reformers, Economic Cooperation, Hampton Clippings, Clyde Donnell, World War
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