The Negro Factories Corporation
Instituted on January 20, 1920, the Negro Factories Corporation sought to create corporations which would employ only blacks, as well as produce commodities only sold to black consumers. As Marcus Garvey proclaimed himself: “Negro producers! Negro distributors! Negro Consumers!” Garvey’s ideal of an all black economy that could eventually supply black consumers across the globe was not only ambitious, but to an extent also successful. Under Garvey’s guidance, independent black grocery stores, restaurants, Laundromats, tailor shops, millinery stores, and publishing houses were created. The Negro Factories Corporation had vital impacts on the United States. It proved to society that blacks were economically able, and could operate successfully and independently as business men and entrepreneurs. More importantly, it gave blacks across the country initiative and hope, as well as the secular identity required to prosper in American society.
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Famous quotes containing the words negro, factories and/or corporation:
“I was a fire-breathing Catholic C.O.,
and made my manic statement,
telling off the state and president, and then
sat waiting sentence in the bull pen
beside a Negro boy with curlicues
of marijuana in his hair.”
—Robert Lowell (1917–1977)
“I know no more affecting lesson to our busy, plotting New England brains, than to go into one of our factories with which we have lined all the watercourses in the States. A man hardly knows how much he is a machine, until he begins to make telegraph, loom, press, and locomotive, in his own image.”
—Ralph Waldo Emerson (1803–1882)
“What I am anxious to do is to get the best bill possible with the least amount of friction.... I wish to avoid [splitting our party]. I shall do all in my power to retain the corporation tax as it is now and also force a reduction of the [tariff] schedules. It is only when all other efforts fail that I’ll resort to headlines and force the people into this fight.”
—William Howard Taft (1857–1930)