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$200,000,000 plan to aid Negroes announced at New York convention
The Commercial American and National convention in Brookne discussed forming the American Negro Cooperative and Industrial Association. A fund of 260 million was proposed to aid Black Americans, with an estimated 39 million residents projected to contribute. Interest at four percent would finance factories and other enterprises for the race. A call went out for sales of valuable stocks as part of the effort.
MENTIONED IN THIS ARTICLE
New York
Brookne
Siesed
American Negro Cooperatite and Industrial Association
Wae
United States