The Freedmen's Savings Bank

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Monograph

Identifikator:: 1029343713

URN:: urn:nbn:de:zbw-retromon-72101

Document type:: Monograph

Author:: Schreiner, Olive http://d-nb.info/gnd/118795457

Title:: Die Frau und die Arbeit

Place of publication:: Jena

Publisher:: Eugen Diederichs

Year of publication:: 1914

Scope:: 1 Online-Ressource (180 Seiten)

Digitisation:: 2018

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: III. Parasitimus (Fortsetzung)

Collection:: Economics Books

THE WORK OF COMMISSIONERS 113 phase of the general misgovernment all over the South after 1868, that it was a logical outcome of the policy of the administration at Washing- ton, and he further showed that the bank officials were closely connected with the administration. Naturally this way of proving the responsibility of Congress did not appeal to the Republicans. Bradford further declared that “since the gov- ernment was organized no such stupendous fraud has ever existed under its protection.” It was not meant, he said, that there should be any branch banks, but the speculators wanted them for the purpose of draining the money from the South. They “went as missionaries all over the land and declared to the colored people of the southern country that this bank would take care of this fund for them and that its management and its solvency were guaranteed by the United States government.” Weak officials were chosen in order that others might use them as tools, and the bank had been treated as the carpetbaggers and the Federal administration had treated the entire country. Other southern congressmen seized the oppor- tunity to score the “friends of the Negro.” When in 1875 Durham of Kentucky was trying to have an act passed to relieve the depositors, he was opposed by such Republicans as Hawley of Con- necticut, who objected, on the ground of “sym- pathy for the Negro,” to any measure that would legislate Purvis, the Negro commissioner, out of office. Durham answered him thus: “These TL See Bradford’s speech in Cong. Record, April 22, 1876, pp. 2701-

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