The Freedmen's Savings Bank

Bibliographic data

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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APPENDIX 147 This dollar will then be brought, by the teacher, to the cashier of the bank. The cashier will take the children’s dollar and give them a bank book for it, and when they get another dollar in the same way to put in, it will be two dollars, and so on. All the children of the colored people will, in this way, learn to save, and not to waste what they get, and will have money, when they want it, in the “Savings Bank.” Some, who are very saving, will finally have a large sum to do good with, and for their mothers when they are sick; or to help buy a house and garden, where they and their parents can live very happily. I know of two little boys who have ten dollars apiece in the Freedmen’s Savings Bank, and they mean to have more than that. 6. (BookLET, 1867, pp. 7-10) A FEW WORDS, COLORED PEOPLE You have here presented to you the names of some of the best men in your country, who have gratuitously as- sumed the care and responsibility of a company for the safe-keeping and investment of your spare earnings. You are now on the same footing, as to your legal rights, with all other people of this country. You get your wages for your labor, and no one can prevent you. If you work hard you will earn money the same as other folks. Not one of you need remain poor if you are careful and do not spend money for candy, or whiskey, or costly clothes. As for food, cheap, hearty victuals—beef, fish, bread, coffee—will do for men and women better than pies, cakes, and such things which cost more money and give you less strength. Tobacco and Whiskey are the two things which all men who are going to save money must neither touch nor taste. Let us count the cost of a cigar and a glass of whiskey every working day. A mean cigar costs five cents, and the poorest glass of whiskey five cents, which makes ten cents. Now, if instead of worse than wasting this, you would save it every day—one Dime per day—at the end of one

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