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The Krd and Black
Friday, April 2,1S82
Refugees flee terror, famine to find a home
From Page I
Refugees are given a
weekly allowance of $10 to
$15, according to Mosley,
which they use to buy
groceries and clothing
About half the food used by
those at the center is grown
on the site, and the organiza
tion operates a store that
sells donated clothing for 10
to 50 cents
Living on the site with the
refugees are eight perma
nent employees, called resi
dent partners, and 12
seasonal volunteers All are
expected to help teach
English, work on construc
tion and farming projects,
and accompany refugees ori
outings and shopping trips
But Mosley stressed that
helping a few of the 17 to 20
million refugees now in the
world is only part of what
Jubilee Partners is doing.
The organization also holds
lectures, discussions and
worship services to educate
the public about the effects
of war
Just as important as the
effects, Mosley said, are the
causes of war Mosley said
the organization opposes
nuclear weapons' build ups
and other military increases
because such increases will
encourage war.
Mosley, who said he will
give up his position as coor
dinator in May to work full
time as the group's
spokesman, said knowledge
of the relationship between
waste, war, and refugees
“has to translate into our
personal lives.”
The residents at Jubilee
Partners, he said, live below
the income level the U S.
government has established
at the poverty line. Yet,
because of the group's semi-
communal lifestyle, its ef
forts to raise its own food
and reliance on wood heat
and passive solar designs to
warm the site's 10 buildings,
residents live better than
most Americans, Mosley
Staff photo/Sam Walton
Director Don Mosley with Tarith Dhuong, left, and Chouem-Roem Duong
said.
Enough contributions have
been coming in to keep the
organization operating at
full capacity, according to
Mosley But he is worried
that President Reagan’s cut
backs in social programs
will divert funds from
refugees to the American
poor
"Reagan has dumped an
almost impossible load on
churches and charitable
organizations,” he said.
"Churches will have trouble
sponsoring refugees when
their neighbors are hungry.”
Refugees spend four hours
a day learning to speak
English, Mosley said. In
struction is geared strietly to
speaking, not to reading or
writing “When they leave,
they can’t diagram
sentences, but they can
speak They can pick up
reading later,” he said.
Mosley, who spent almost
five years with the Peace
Corps, said Jubilee Partners
was modeled on Koinonia
Partners, a semi-communal
Christian community
established almost 40 years
ago to teach poor farmers
near Americus better farm
ing practices. Unlike
Koinonia, which has not been
well liked by its community,
Jubilee Partners has a good
relationship with Comer,
Mosley said.
Though Jubilee Partners
is a Christian organization,
Mosley said the group will
help refugees whether they
are Christians or not. The
staff, he said, tries to show
the refugees, many of whom
are Buddists, that
“American doesn’t equal
Christian.”
“I’m against proselytiz
ing,” he said, “but I don't
think we should be reticent
to show our faith. Our em
phasis is on actions, not
words,”
Most refugees, however,
take an interest in Chris
tianity while they are at
Jubilee Partners, Mosley
said. “Most have requested
Christian materials, pro
bably because their lives
have fallen apart. If it helps
them in times of stress,
that's great.”
Staff pholo/Sam Walton
Child of war: Tara Phuong
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Banks compete for big merger deal
ATLANTA (UPI) — Bank mergers and acquisitions have
moved at a slow pace since first allowed six years ago by the
Georgia legislature.
But a proposed deal which could run from one state border
to the other may shake up that pattern.
Two billion-dollar bank holding companies, one in Augusta
and one in Atlanta, are in hot pursuit of First South Bankcorp
of Columbus and the winner will be in on the biggest merger
in Georgia banking history.
Billy Key, president of First South, said Thursday direc
tors of the Columbus holding company hoped to get together
this weekend to decide on offers from First Railroad and
Banking Co. of Augusta, accepted in a written agreement in
principle, and First Atlanta Corp., which came back with a
higher bid.
First South, which has assets of $236 million, primarily
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serves the Columbus, Fort Benning and Pine Mountain area
on the west side of Georgia. The two suitors rank among the
top five banks in the state.
About two weeks ago, First Atlanta proposed to buy all of
First South's 600,000 outstanding shares at $55 each, about $33
million in all. First Railroad then proposed $57 a share, or $34
million, an offer which the directors agreed was acceptable.
However, First Atlanta then upped the ante with a proposal
worth $61 a share, or a total of $36.6 million.
That, said Key, was unforeseen — "it caught us by sur
prise.”
However, First Atlanta already owns 4 3 percent of First
South stock and had entered an agreement with the
Columbus company to purchase 66,492 more shares. That
would have increased First Atlanta holdings to 15 percent if
approved by regulatory agencies.
Thomas F. Chapman, executive vice president of First
Atlanta, said his bank was "concerned as shareholders”
about the move by First Railroad.
Don Sharp, vice president of First Railroad, said First
South had received “our best offer. Right now, it’s in the
hands of the directors of First South for them to evaluate,"
“We hope they feel like they would prefer to be a part of
this operation," Sharp said.
First Railroad is the fifth largest bank holding company in
the state, ranking right behind Bank of the South Heading
the Hat is Citizens and Southern, followed by First Atlanta
and Trust Company.
Before the legislature authorized multi-bank holding
companies in 1976, only Citizens and Southern National Bank,
The Georgia Railroad Bank of Augusta (which became First
Railroad), and The Trust Company of Georgia were holding
companies with more than one bank due to a “grandfather"
clause
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