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170 THE COLORED AMERICAN MAGAZINE

investment in bank stock when the investor is satisfied that the business will be conducted with integrity and ability in a growing community, offers the very best chance for a large increase in value.

With the opportunities presented, coupled with judicious management, we see no reason why stock in the proposed bank should not double in value in a few years.
DR. U. G. MASON.
W. W. HADNOTT.

The last Tuesday night in February at the call of Dr. Mason and Mr. Hadnott about thirty-five representative Negro business men met in the club rooms of the Advance Club, Mason Building, and immediately organized the third Negro Banking Institution of Birmingham, with a capital stock of $25,000.00.  The meeting was an enthusiastic one and $3,000.00 was immediately subscribed.

Meetings will be held from time to time until the whole stock is disposed of and it is confidently believed that the institution will be ready for business within ten months.  A large city like Birmingham, with all of the surrounding mining district and the large population of Negroes throughout the whole district, can well support two or three organizations of this nature and still much Negro business will be in the hands of the white banks.  So there is no reason why all these institutions may not succeed and prove profitable investments.  There is no ground for suspicion.  There is no reason for future friction.  It is said that at present about three-fifths of the Negro mortgages in this district are held in white institutions;  with this a fact there is work enough and to spare for even another Negro bank.

The men who are pushing this movement for the establishment of a new bank are men of means, business standing and having the confidence of the community.  They have given much thought to the proposition for the last two or three years and feel that the time is now ripe for their effort.  The prospectus shows thought and consideration, and it is hoped that they will have the success the movement deserves.

A soliciting agent, bonded, a trustee board for the entering of the funds in bank at interest until time for the procuring of charter, and a treasurer have been elected and put to work, and stock is being so rapidly subscribed for that Birmingham's third Negro bank seems to be assured.

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EDUCATIONAL DEPARTMENT
CONDUCTED BY JOSEPHINE S. YATES, A.M.
Professor of English and History, Lincoln Institute.  Honorary President National Association of Colored Women [[/advertisement]]

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MUSIC AS A FACTOR IN EDUCATION
By JOSEPHINE YATES, Jr.

"The man that hath no music in himself,
Nor is not moved by concord of sweet sounds,
Is fit for treasons, stratagems and spoils," sang the immortal Shakespeare.  Centuries before his birth the Greek philosopher Pythagoras had sought through the development of music to produce harmony, culture and education in the system.

We do not give him too much credit, when we say that Pythagoras founded the science of music, by formulating the mathematical relation of musical tones;  and that by his philosophical theories he discovered the very intimate relation that exists between music and education.

"The glory that was Greece and the grandeur that was Rome," owed much of their highest development to the principles taught by the man who believed that the world and its component parts move together in perfect harmony and perfect unison;  producing "the music of the spheres."  That the same is, or should be true, of body and soul;  that there should be harmony in society where every human being should move without conflict, and, as the parts of a well connected chain, move in such order that they produce a perfect symphony.

And is it not true that all of God's works move in the most perfect harmony?  Have not even the fiercest waves of the ocean, have not the storm wind and the torrent a rhythm and cadence all their own, that reveal their harmony to every appreciative ear?  Or, as the poet well has said: