Today In History
Charles Clinton Spaulding, businessman who helped the NC Mutual Insurance Co. grow from $350 to $43 million in assets, was born in Columbus County, NC, on this date August 1, 1874.
Spaulding provided leadership in the National Negro Insurance Association and the National Negro Bankers Association by 1920. In 1942, the New York Chamber of Commerce, mainly a white body, elected him to membership.
He served as a trustee for Howard University, Shaw University, and North Carolina College at Durham.
He was also active in politics. He helped establish the Durham Committee on Negro Affairs in 1935, serving as its first chairman. As national chairman of the Urban League’s Emergency Advisory Council from 1930 to 1939, he campaigned to secure New Deal jobs for African-Americans.
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