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"It's Not Racial Barriers That Keep Blacks From Prospering."
Reprinted on the web from Issues & Views, Summer 1991; introductory comments added ^ | December 6, 1963 | SB Fuller (with commentary by Luke Skyfreeper)

Posted on 11/26/2003 11:25:55 AM PST by Luke Skyfreeper

Forty years ago next week, a prominent black businessman, SB Fuller of the Fuller Products Company, addressed the National Association of Manufacturers.

Because Fuller refused to "toe the party line," his speech touched off a firestorm of rage that would lead to much of black America boycotting his businesses -- thus destroying much of his fortune.

Nevertheless, although his business enterprises were forced through bankruptcy, he managed to hold on to at least a portion of his wealth. When the great businessman died some 25 years later, at age 83, he was still quite a prosperous man.

SB Fuller was born into abject poverty. His rise to wealth and prominence has to be one of the great success stories of all time. It is hard to imagine a least likely candidate for success.

As a young man, Fuller started out literally penniless.

He was a black man in pre-Civil-Rights America.

To top that off, he was a black man with only a sixth-grade education.

And to top that off, SB Fuller's search for success began... during the Great Depression.

In 1935, Fuller started his first business, with only $25.

He would eventually become a multimillionaire who owned or controlled 9 different corporations.

Below are excerpts from SB Fuller's earth-shaking speech of December 6, 1963. [Note: I have edited out Mr. Fuller's use of the (then-current) word "Negro," replacing it with more current language.)


It's Not Racial Barriers That Keep Blacks From Prospering:
American Blacks Must Pool Capital in Order to Help Themselves

[Reprinted from Issues & Views Summer 1991, with phrasing edits]

[Address by businessman S.B. Fuller to the National Association of Manufacturers, December 6, 1963.]

. . . . It is contrary to the laws of nature for man to stand still; he must move forward, or the eternal march of progress will force him backward. This the black man has failed to understand; he believes that the lack of civil rights legislation, and the lack of integration have kept him back. But this is not true. . . .

In 1952, the average black man's income was 57% of that of the white man's, but in 1962 it was only 53% of his income. In a period of ten years, the black man's income had dropped 4 percentage points in comparison with the white man's income. The main reason for this is black lack of understanding of our capitalistic system of government. Capitalism is defined as "an economic system in which capital and capitalists play the principal part. Specifically, the established economic system of most modern civilized countries, in which the ownership of land and natural wealth, the production, distribution, and exchange of goods, the employment and reward of human labor, and the extension, organization, and operation of the system itself, are entrusted to, and effected by private enterprise and control, under competitive conditions."

This black America does not understand. Let's take, for example, distribution at the retail level. One-sixth of all people employed in America are employed in retail selling; 11,650,000 people in retail sales as of 1962. If the black man had the amount of initiative, courage and imagination required, he could control the retail selling in his own community. Since he represents 10% of the population of America today, he would be able to employ 1,065,000 people. There are 1,788,325 retail establishments in America and yet in New York City, where there are over 1,000,000 black people, they do not own over 15 businesses which employ over 10 people.

Unfortunately, blacks believe that there is a racial barrier in America which keeps them from succeeding, yet if they would learn to use the laws of observation, concentration, memory, reason, and action, they would realize that there is a world of opportunity right in their own communities. . . .

Because [the black man] does not own and control retail establishments in his own community, he is unable to stabilize his community. For every evening, at the close of business, the substantial citizen leaves that community and goes to another community to live, thus leaving black community improverished, and the wealth derived from the community through retail sales is transferred to the other community, thus building up that community. These merchants are not to be blamed for this, because the supply and demand must be satisfied. Since blacks do not supply the demand in their own communities, the white man must come in, and he takes advantage of the opportunity. Then blacks think that there is a racial barrier that keeps them from making progress. Therefore, blacks ask for legislation to remove the barrier which they automatically created themselves, due to their own lack of action.

The average black man believes that the purpose of business is to furnish jobs, but this is not true. The purpose of business is to render service and to make a profit, and by doing this, it must employ people. These people must be able to render service and produce a commodity that the businessman can sell at a profit. If not the business can no longer employ the individual. . . .

Black people must pool their capital in order to help themselves. They must establish retail sales organizations throughout their communities and also must go into light manufacturing where retail selling has already produced an outlet for the products light manufacturing can produce. This will enable blacks to help solve their own problems. . . .

Since our capitalistic system is a competitive system, the black man must learn to compete with his fellowman. He must not only seek jobs, but he must own establishments which will give jobs to others. . . .

[Courtesy of Hagley Museum & Library, Wilmington, DE]


TOPICS: Business/Economy; Culture/Society; Editorial
KEYWORDS:
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1 posted on 11/26/2003 11:25:56 AM PST by Luke Skyfreeper
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To: Luke Skyfreeper
Distilled down into basic elements....

Get up off your a$$ and stop whinig and work like you mean it, save your money, invest and be a productive citizen.

Hey EVERYONE needs to do that IMHO
2 posted on 11/26/2003 11:47:39 AM PST by cyborg (liberals are the tapeworms in the intestine of America)
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To: Luke Skyfreeper
whinig=whining

There is no excuse for people not be a success in the year 2003 in America.
3 posted on 11/26/2003 11:50:24 AM PST by cyborg (liberals are the tapeworms in the intestine of America)
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To: mhking
bc ping

I think this article is a bit outdated. I don't think black people should only be thinking about selling in 'their own community'. I do not see anything stopping any black person from doing what Donald Trump does. That may sound indealistic but America was built on idealism anyway.
4 posted on 11/26/2003 11:55:17 AM PST by cyborg (liberals are the tapeworms in the intestine of America)
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To: cyborg
There are always excuses, and even reasons not to be a success; but here's the point:

If SB Fuller could achieve success -- even megasuccess -- then neither racial discrimination, nor disadvantage, nor poverty, nor lack of education, nor lack of resources, nor hard economic times, can ultimately hinder you if you take charge of your own life and diligently do the right things.

5 posted on 11/26/2003 11:55:49 AM PST by Luke Skyfreeper
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The prosperity of a community is proportional to the extent to which it embraces capitalism. The silly negros reject everything that leads to prosperity.
6 posted on 11/26/2003 11:57:49 AM PST by BadAndy
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To: cyborg
Certainly, I agree with you. It must be viewed as a historical document. In SB Fuller's day, even for black people to run businesses providing goods and services to black people was to be seen as a great challenge. He mentions that in all of New York City, there were no more than 10 black-owned businesses that employed more than 10 people.

Today the challenges are different, and the success that can be envisioned is a much greater level of success. Why don't we have more black people who have achieved success at the level of Donald Trump? Why have we never yet had a black President or Vice-President of the United States? I'll give you a hint: Although racial prejudice still exists, the real reason is not racism.

The other value is in the lesson: if SB Fuller could achieve success, anybody can.

By the way, I'll make a prediction: The first black President of the United States will be a conservative.

7 posted on 11/26/2003 12:04:06 PM PST by Luke Skyfreeper
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To: Luke Skyfreeper
ping
8 posted on 11/26/2003 12:14:16 PM PST by liberallarry
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To: Luke Skyfreeper
ABSOLUTELY... If anyone had a reason to whine it would have been him. Yet I never hear these people whining. I meet a lot of old black people from the South who don't whine. They're just happy to see things different. I think of my parents who came hear with nothing and made it. They make me feel guilty for whining, which I find myself doing sometimes.
9 posted on 11/26/2003 12:14:28 PM PST by cyborg (liberals are the tapeworms in the intestine of America)
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To: BadAndy
You are being sarcastic right?
10 posted on 11/26/2003 12:16:55 PM PST by cyborg (liberals are the tapeworms in the intestine of America)
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To: Luke Skyfreeper
This article really hits the nail. I've grown up near black neighborhoods and I notice more and more asians control all the retail locations. They barely speak english but they work hard, save money, work harder, save money, and eventually buy a business and prosper. Most asians in these communities all drive luxury cars and send their kids to a good college.
The black people I know generally don't have business sense. They think the only way to make money is to be an entertainer, athlete, lottery or by suing someone.
I know some of you will say I'm racist. But I'm also a minority (hispanic) and only white men can be racist remember?
This is a general statement. I'm sure there are a few unique cases where black people move up through hard work and saving, (I know a few) but I'm afraid thats becoming increasingly rare.
Maybe thats the only way Democrats can keep blacks in their party, by keeping them poor. Rich blacks (or those on their way) eventually leave the party, don't care about politics or become repubs.

11 posted on 11/26/2003 12:29:53 PM PST by TheWiz999
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To: Luke Skyfreeper
By the way, I'll make a prediction: The first black President of the United States will be a conservative.

Yes, she probably will be. ;^)

12 posted on 11/26/2003 12:31:43 PM PST by wizardoz ("They're not Americans; they're Democrats." -NetValue)
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To: Luke Skyfreeper
I grew up in Bloomington, Minnesota about a mile from where the Twins played baseball. Our only black neighbors were on the baseball team (Rod Carew, Tony Oliva, Zolio Versallies). They, and their kids, were motivated and talented. They remained "black", but fit in well with everyone else. And they lived well.

I went to Andover for prep school. The year I took SATs there were two perfect SATs - both by black students.

I work with several blacks. Nobody considers them to be lazy or some sort of "Uncle Tom". They do their job.

I do not know of any blacks who are held back by racism. Nor do I know of any blacks that can attribute their successes to preference.
13 posted on 11/26/2003 12:39:31 PM PST by kidd
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To: kidd
Same here. I know so many black people like that. Makes me wonder where the libs find these people.
14 posted on 11/26/2003 1:04:25 PM PST by cyborg (liberals are the tapeworms in the intestine of America)
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To: wizardoz
Yes, she probably will be. ;^)

If you're referring to Condoleezza, she would certainly be a prime candidate for first African-American President of the United States, as well as first female President of the United States... except from what I've read, I don't think she wants the job.

Now if she wanted the job...

15 posted on 11/26/2003 1:14:58 PM PST by Luke Skyfreeper
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To: cyborg
I am not being sarcastic at all. Groups that reject capitalism (socialists, communists, etc.) and depend on wealth redistribution, govt largess, and social programs do poorly. Do you disagree?
16 posted on 11/26/2003 1:18:40 PM PST by BadAndy
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To: BadAndy
The prosperity of a community is proportional to the extent to which it embraces capitalism. The silly negros reject everything that leads to prosperity.

***I disagree with you severely. I question why you choose to say 'silly negroes' and just thought you were being sarcastic but you really are a narrow minded jackass who knows nothing about black people or people in general.
17 posted on 11/26/2003 1:23:12 PM PST by cyborg (liberals are the tapeworms in the intestine of America)
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To: TheWiz999
Echo on your comments. I grew up in Southern California near alot of boat people from Vietnam. Some kids came over here at the age of ten, with nothing but the clothes on their back, and no english.

Their parents busted their asses, made them study, pick up the language immediately, and my high school valedictorian was a boat kid who had only been in the country for 6 years, and she spoke no english when she arrived.

I am guessing that she is doing quite nicely for herself right now.

Another point. Black kids in the Bahamas average, yes average, 1200 points on the SAT's. They take them over there as well. They have outdated textbooks, less than $1,500 per student, yet they seem to be doing ok.

I get pissed off at the racists who think that blacks are genetically inferior, and that is why they flop, or the blacks who think the system is all gamed against them.

Both groups of people are full of crap. The problem is black american culture. Period. Kids are ashamed to do well, more often than not, don't have an intact family, and watch 3 hours more tv per day, than any other racial group. That is why they are not succeeding like recent immigrant groups like asians are.

Where I live, we have these "academies". Asian kids go to public school, then after that is done, they go to an intensive learning academy 2-3 hours after regular school every day, and then half days on saturdays. If black parents yanked the cable tv, and put money into sending their kids into extra schooling like this, surprise surprise, their kids would be doing better.

It is a very hot button issue for me. Nobody has the integrity on the left to say this to one of their key constituencies, and most on the right, are either fairly/unfairly tarred with racist attitudes.

We really need somebody like Jack Kemp, and a moderate black democrat to start up a foundation to push values that will further black kids towards success.

It is no good to just shrug our collective shoulders and just write off all these people. It is in our own economic self interest to have each american succeed to the best of their God given abilities. That means more taxpayers, less people draining the public dole. Our collective tax rate would go down dramatically because of this. It is a crying shame that we haven't declared a war on values, just like we declare a war on drugs, crime, poverty, etc..

If not now, when?

18 posted on 11/26/2003 1:35:17 PM PST by dogbyte12
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To: cyborg
I suspect SB Fuller would agree that it is silly (he might use stronger language) for blacks (negros) not to take advantage of capitalism to become prosperous. That was the premise of the article, that many in the black community have fooled themselves into believing that racial barriers are causing their problems. I agree.

Silly negros is a pretty mild term to get upset about. I guess you think negros can't be silly. What is so offensive? The term negro? Maybe you're just being silly.
19 posted on 11/26/2003 1:52:06 PM PST by BadAndy
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To: kidd
"Nor do I know of any blacks that can attribute their successes to preference."

One prime example you may be familiar with.. Chief Moose, of Washington Metropolitan Area "Sniper" fame...

Granted, there were not many "successes" in his career - but clearly a strong candidate for having achieved his level of "accomplishment" with "preferences" strongly indicated...

Check out his history in Google and cringe....near your old hometown - Minneapolis has him on the short list for new Police Chief..

If Minneapolis hires this certifiable turkey, with his history - they deserve him..

Semper Fi

20 posted on 11/26/2003 2:00:19 PM PST by river rat (War works......It brings Peace... Give war a chance to destroy Jihadists...)
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