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OMEGAS Dr. James E. Carter Jr. (center) was honored last
week by the Paine College Chapter of the Omega Psi Phi Fraternity
for 58 years of Service to the fraternity. He is joined by his son, James
E. Carter 111 (left) grandson, James E. Carter IV, both are members
of the fraternity, his daughter-in-law, Dr. Judy Carter, and his wife,
Majorie.
Black astronauts have
Second part of series
“The Right Stuff—the
title of a book about the
early astronauts by Tom
Wolfe that has also
become a household
phrase—partly explains
the agency’s thinking at
the time, but there was
more to it than that.
Test piloting, contrary
to popular belief, is not a
devil-may-care, white
scarf-blowing-in-the-wind
wind adventure but an ex
tremely cautious,
engineering-oriented pro
fession demanding total
concentration, an in-
Tax seminar offered
The Small Business
Development Center’s
Minority Outreach t
Program will offer a
seminar entitled,
“Keeping More of Your
Profits: Tax Strategies
for the ‘Bo’s,’’ Nov. 14
and 16.
This seminar will be
conducted at Augusta
Promotion
announced
Mrs. Corine G.
Smalley has been
promoted to admin
strative assistant in
charge of student records
and activites, according
to Gloria Butler,
executive director of
Augusta 0.1. C.
Mrs. Smalley has been
with the OIC Jobs
Training Program since
1975 and has worked in
several counseling
capacities at 0.1. C.
Prior to her recent
promotion, she served as
record's monitor and she
Silver Haired
Legislature to meet
One hundred and two
delegates from around
the state will serve in this
year’s Silver Haired
Legislature which meets
at the State Capitol in
Atlanta Nov. 14-17, ac
cording to Jeanette
Cummings, director of
the Central Savannah
Area Agency on Aging.
The delegates are Sarah
Alvey of Augusta, Laura
Avret of Millen, Tessie
Blount of Blythe, Ruth
C. Burks of Augusta,
Walter Jacobson of
Augusta, Don Joiner of
Martinez, and Clara
West of Thomson.
The Silver Haired
Legislature is a model
legislature composed of
delegates age 60 and over
who are elected by older
citizens in their district.
The legislature, which is
scheduled to meet every
other year, drafts bills
which address the needs
and concerns of older
Georgians and the
citizenry at-large.
Following the session,
tuitive grasp of the way
things work and a cool
headed response to the
unexpected.
Those qualities were
just what NASA wanted
in a person selected to
leave Earth on the end of
a rocket and circle the
globe at 17,000 miles an
hour. That sort of trip
seems almost routing
now. It wasn’t then.
This test-pilot
argument limps,
however. It implies,
correctly, that the vast
majority of test pilots a
quarter of a century ago
College, in Room 304 of
the Reese Library from 7
to 9 p.m.
This seminar is being
offered free of charge to
all businesspersons. For
more information, call
the Small Business
Development Center at
(404) 737-1790 or 737-
1791.
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Mis. Corine G. Smalley
was responsible for over
seeing the successful
completion of student
time, attendance and
classroom performance
records for over a
thousand students.
recommendations of the
legislature are sent to the
Georgia General Assem
bly for its consideration.
“This legislature
provides a good forum
for older citizens to
discuss and initiate
greater public in
volvement on such issues
as health care, transpor
tation, work, and expan
ded services for the
elderly in the state,” said
Ms. Cummngs. “We ap
preciated the willing
of these persons from our
area to serve in the
legislature and know that
they will make a valuable
contribution.”
The Silver Haired
Legislature is sponsored
by the Georgia Depar
tment of Human Resour
ces, the Georgia Council
on Aging and the 18 Area
Agencies on Aging.
For further infor
mation on the schedule
for this year’s session
contact Jeanette Cum
mings at 404-737-1823.
were white.
Therefore, one may
fairly ask: Why were
there apparently so few
Black test pilots available
at that time?
The answer to that is
somewhat complex, aside
from the generality that
the country’s racial at
titudes were not as
profressive then as they
are now.
More specifically, the
armed forces of the
United States through
World War II were
segregated, just as the
rest of the nation was.
Few Blacks ever ate in
white restaurants in
Baltimore, and relatively
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AGRAM DISTILLERS COMPANY, N.Y.C. 80 PROQF DISTILLED DRY GIN DISTILLED FROM GRAIN
Your financial future
Raging bull
by Charles F. Smith
Many novice investors
may be wondering how
to catch a
Wall Street
bull. TheO . >
answer, for
some peo
pie, may
be mutual J
funds.
Mutual ■ fl|
funds of-
fer an investor
professional portfolio
management and diver
sification. The average
person, with a limited
amount of money to in
vest, has neither the time
nor the ability to sift
through the thousands of
stocks and bonds
available on the New
York, American and
other exchanges.
The fund portfolio
manager does this for the
investor, as well as
‘the right stuff’
few Blacks had been
commissioned as officers
in the armed forces, the
main source of test pilots.
In 1948, President
Harry S. Turman charged
that pattern in the
military with a directive,
integrating the services.
Presidential directives are
not magic, however, as
all chief executives know
or soon learn.
It took time for Blacks
to rise in rank and —even
under the fairest of cir
cumstances —become
qualified test pilots.
Many whites don’t have
the “right stuff” for that
work, and it would seem
logical to conclude that
deciding when to buy and
sell portfolio holdings.
Among the most
popular mutual funds in
recent years have been
money market funds. But
money market funds are
only a recent addition to
the more than 500 mutual
funds that today provide
investors with a full range
of investment oppor
tunities from high risk,
growth stocks to conser
vative, blue chip stocks
and bonds.
Many families of
mutual funds are also
well suited for Individual
Retirement Accounts
(IRAs) since an investor
is not locked into one type
of investment. Instead, a
person can switch money
among mutual funds as
economic conditions and
personal situations
change. That’s important
when a person is setting
some Black, brown, red
and yellow people don’t
either.
During the 19605,
NASA eased up on the
test-pilot requirement,
but it did demand that
applicants be experienced
pilots of “high perform
ance” aircraft, such as jet
fighters or supersonic re
search planes. More em
phasis was also placed on
educational background.
In 1964, astronaut ap
plications were invited
solely on the basis of
educational attainment.
Those selected that year
were to become the
“scientist astronauts.”
...to be continued
The Augusta News-Review November 12,1983
aside money for
retirement years that may
be decades away.
Shares of mutual funds
can be purchased with
low initial investments.
Investors with only a
small amount of money
to invest need not
despair. Most mutual
funds also allow investors
to purchase shares on a
monthly basis. Many em
ployers are beginning to
offer payroll deduction
plans utilizing mutual
funds.
Before investing in
mutual funds, you should
make sure you have an
emergency reserve built
up in a savings account,
something to fall back on
if you are laid off or need
cash fast.
One way to find out
about mutual funds is to
scan the daily listing of
mutual funds in
newspapers. Another way
is to contact a financial
planner, broker or in
surance representative.
Some funds charge a
For
MOVIES
TITLES
and
SHOW
TIMES
Call:
722-4507
commission, which is
paid to a sales represen
tative who recommends
specific funds to fit your
investment objective. No
load funds are available
without a sales charge,
and without any analysis
on what fund is best for
your situation. In other
words, you are on your
own in picking the no
load fund that fits you
best.
Another way to deter
mine the type of mutual
Laney plans PTA Open House
The Lucy C. Laney
High School faculty and
staff will hold a PTA
Open House Nov. 15 at 7
NOW ACCEPTING WS'
fl’ APPLICATIONS FOR I
The Bon Air
an historic residence for
Senior Citizens
and the Handicapped
• Sacfcn 8 Ranta AsMnce-rart band on Incam
• 24 Hour Emergency Coll Systems
• Planned AdMbes In the OrigM Recreation Areas
• Laundromat on site
• On Public Trinsporstton
Applications to be considered on a first
come/flrst served basis, so apply NOW
Temporary Leasing Office
825 Russell Street
at Walton Way
(Entrance and parking at rear of Bert Storey
Assoc. Bldg.-follow signs)
Phone 738-0781
Monday-Friday 9:00-4:30
The Bon Air is Back
Page 3
fund that is right for you
is to develop a personal
financial plan with the
help of a professional
planner. For a fee, a
professional planner will
help you determine if
equities or bonds are best
for you, or if you would
be better off sheltering
you money in a tax
exempt mutual fund.
Next week’s topic:
“Disability Insurance
and the Single Woman.”
p.m. tn honor of
American Education
Week.