Black Business in the New South

A Social History of the NC Mutual Life Insurance Company

Business & Finance, Industries & Professions, Insurance
Cover of the book Black Business in the New South by Walter B. Weare, Duke University Press
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Author: Walter B. Weare ISBN: 9780822381785
Publisher: Duke University Press Publication: January 27, 1993
Imprint: Duke University Press Books Language: English
Author: Walter B. Weare
ISBN: 9780822381785
Publisher: Duke University Press
Publication: January 27, 1993
Imprint: Duke University Press Books
Language: English

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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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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