The Freedmen's Savings Bank

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Monograph

Identifikator:: 175265076X

URN:: urn:nbn:de:zbw-retromon-129631

Document type:: Monograph

Author:: Fleming, Walter Lynwood http://d-nb.info/gnd/120660560X

Title:: The Freedmen's Savings Bank

Place of publication:: Chapel Hill

Publisher:: Univ. of North Carolina Press

Year of publication:: 1927

Scope:: x, 170 S.

Digitisation:: 2021

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Chapter VII. The work of the commissioners

Collection:: Economics Books

Chapter VII THE WORK OF THE COMMISSIONERS THE COMMISSIONERS HERE was a struggle among the mem- bers of the board of trustees over the nomination of the three commissioners provided for in the law of June 20, 1874. Doug- lass, whose efforts had secured the legislation that resulted in the closing of the bank, insisted that the commissioners should have no connec- tion with the trustees. Those who ruined the bank, he said, ought to have nothing to do with winding up its affairs. But by the act referred to, the trustees were authorized to nominate the commissioners, and forthwith three relatives of trustees were named—just what Douglass had feared.! However, the Secretary of the Treasury refused to appoint them, and these new nomina- tions were then made: John A. J. Creswell, formerly Postmaster General; R. H. T. Leipold, a Treasury accountant, said to be related to John Sherman; and Robert Purvis? a Philadel- 1 Bruce Report, p. 239. 2 Robert Purvis, born 1810, Charleston, S. C., was the son of a white father and a “Moorish” mother. Going North he attained some promi- nence as an anti-slavery worker. His son Charles B. Purvis, a physician, was later surgeon-in-chief of the Freedmen’s Hospital in the District of Columbia fi Professor in the Medical Department of Howard Uni- versity. In describing conditions in South Carolina during Reconstruc- tion J. M. Morgan in Recollections of a Rebel Reefer, p. 329, makes this 101

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