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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162 THE FREEDMEN’S SAVINGS BANK that a trust company is something more than a bank. It implies a great deal, and the Government advised these recently emancipated people to put their money in the institution, to save it for a rainy day. They had also a Freedmen’s Bureau to look after and advise us, and these people thought that this was another part of that great institution of beneficence to look after their interests. 1 think that is a good reason why they poured their money into that bank. The Government said that their officers might go and advise these people where to put their money, to tell them to send their receipts to Washington and the money would be deposited to their credit, and if that does not show some sort of responsibility on the part of the Government, with a view to increasing thrift and economy among those people, who were then only citizens by the emancipation proclamation, I would like to know. Statement of Reverend James L. White: They were told that every foot of land and every green tree in the United States was responsible and therefore it could not fail, and the colored people gathered all the money that they had earned before the war and the time of the Civil War by working at nights and Saturday after- noons and intrusted it to this bank on the recommendation of the officers of the Government. 6. LIST OF THE MOST IMPORTANT PUBLIC DOCUMENTS RELATING TO THE FREEDMEN’S BANK House Executive Documents: No. 70, 39 Congress, 1 ses- sion; No. 144, 44 Congress, 1 session. House Miscellaneous Documents: No. 16, 43 Congress, 2 session; No. 18, 49 Congress, 1 session; No. 34, 49 Con- gress, 2 session; No. 10, 48 Congress, 1 session; No. 29, 43 Congress, 2 session; No. 7, 48 Congress, 2 session; No. 34, 49 Congress, 2 session; No. 33, 51 Congress, 1 session; No. 26, 53 Congress, 2 session; No. 33, 53 Congress, 3 session.

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