The document proposes the usage of Cherokee judgment funds from the Indian Claims Commission to be set aside in an interest-bearing account, with a per-capita payment made to living original allottees. The interest from the funds would be used to finance a comprehensive tribal economic program to improve the standard of living for Cherokees. The document also outlines a proposed Tribal Lending Program and other development initiatives such as industrial development, healthcare, education, and cooperative programs. The plan emphasizes the importance of not spending the principal funds and ensuring proper management through audits and financial reports. The goal is to bring benefits to all Cherokee tribal members and establish a permanent policy for utilizing future settlement funds.

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A Path to Prosperity: Utilizing Cherokee Judgment Funds for Economic Development and Tribal Programs

Identifier:
CAC_CC_003_2_30_13_0007
Contributing Institution:
Carl Albert Congressional Research and Studies Center, University of Oklahoma, Norman, OK
Title:
A Path to Prosperity: Utilizing Cherokee Judgment Funds for Economic Development and Tribal Programs
Date Created:
1946-01-01
EDTF:
1946-01-01
Creator:
unknown
Rights:
http://rightsstatements.org/vocab/NKC/1.0/
Language:
eng
Record Type:
correspondence
Collection:
Dewey F. Bartlett Collection
Collection Finding Aid:
https://arc.libraryhost.com/repositories/3/resources/2
Description:
The document proposes the usage of Cherokee judgment funds from the Indian Claims Commission to be set aside in an interest-bearing account, with a per-capita payment made to living original allottees. The interest from the funds would be used to finance a comprehensive tribal economic program to improve the standard of living for Cherokees. The document also outlines a proposed Tribal Lending Program and other development initiatives such as industrial development, healthcare, education, and cooperative programs. The plan emphasizes the importance of not spending the principal funds and ensuring proper management through audits and financial reports. The goal is to bring benefits to all Cherokee tribal members and establish a permanent policy for utilizing future settlement funds.
Policy Area:
Native Americans, Economics and Public Finance
Names:
Cherokee Nation, Osage Tribe, Oklahoma
Topic:
Indians of North America--Claims, Indians of North America--Oklahoma, Courts--United States
Congress:
94th (1975-1977), 84th (1955-1957), 95th (1977-1979), 89th (1965-1967), 87th (1961-1963), 90th (1967-1969), 88th (1963-1965), 81st (1949-1951), 93rd (1973-1975), 91st (1969-1971), 79th (1945-1947), 83rd (1953-1955), 85th (1957-1959), 86th (1959-1961), 82nd (1951-1953), 80th (1947-1949), 92nd (1971-1973)
Physical Location:
CAC_CC_3_2_30_13_0000, Box, 30, 13, University of Oklahoma, Carl Albert Center Archives, Norman, OK, Standard Shelving
Location Represented:
Oklahoma (state), United States (nation)
Type:
Text
Extent:
4 Pages