Native American Backs Reservation Businesses

By William Flannery Of The Post-Dispatch | St Louis Post-Dispatch (MO), March 3, 1997 | Go to article overview

Native American Backs Reservation Businesses


William Flannery Of The Post-Dispatch, St Louis Post-Dispatch (MO)


Rebecca Adamson freely admits she is a free-market capitalist that everyone hates.

"I upset both Rush Limbaugh and the most bleeding-heart liberals. Because I believe that poor people have to be responsible for dealing with their actions and they must become active in dealing with their (economic) fate," Adamson said.

But unlike most capitalists, Adamson believes profit is not the only factor in economic development. There must be primary human and cultural elements as well. Adamson, a Cherokee, is founder and director of First Nations Development Institute in Fredericksburg, Va. Her group takes only corporate and private money, no federal funds. The institute was founded in 1995. "We have given out $2.8 million and by the end of March we will have given $3 million," Adamson said. Adamson's foundation funds start-up businesses on rural Indian reservations, where half of America's 2 million Native Americans live. The need is clear. "Today, the unemployment rate for Native Americans is 55 percent. Many of the reservations or homelands have 85 to 90 percent unemployment," Adamson said last week in a talk to the students and faculty at Washington University's School of Social Work. "Alcoholism is 500 times the national norm and we are now entering the second generation of fetal alcohol syndrome babies," Adamson said. "Of the entire adult Indian population, only 12 percent earns more than $7,000 a year." Adamson's vision of capitalist development is more than the traditional Adam Smith supply-and-demand capitalist structure, where bottom-line profits are the only measure of success. "This must be cultural community development," said Adamson, "It involves how to strengthen the cultural community fabric; how to protect the family and the extended family, and still provide a dignified livelihood within the community." The primary issue is to maintain tribal values and traditions while having a viable economy on the reservations, Adamson said. Adamson's foundation makes both grants and loans. But she doesn't just hand out money. "We make very hard-headed financial decisions. We are looking at the social aspects of creating entrepreneurship by poor people. . . . But we also do straightforward cash flow assessments. The business has to be `doable'." For grants, First Nation will go from $1,000 to up to $150,000, with the average being about $40,000, said Adamson. …

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Native American Backs Reservation Businesses
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.