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

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter V. Mismanagement and other troubles

Collection:: Economics Books

MISMANAGEMENT AND OTHER TROUBLES 65 I wanted to find out how I stood. I saw Boston about fifteen or sixteen times after the bank closed, and I waited and waited and waited, till at last I went to the bank to see about my book. I could not find Boston in, but I said to the clerk there, “Do you know how Watkins’ account is?” He looked at the book and said, “Yes, you have 40 cents.” I said, “Forty hells.” He said, “Yes.” Said I, “What will I do?” Said he, “I don’t know.” I said I never had any money and asked him to tell me where I could find Boston. He told me where to find Boston, somewhere on “E” Street, below the Patent office, and there I found Boston. I went in and commenced pulling off my coat to fight him right away. I said, “Boston, what is the meaning of this that I have only forty cents in the bank.” His face got white and said he, “Mr. Watkins, I drew it out.” “Hell,” said I, “you drew it out and told me nothing about it?” “Well,” said he, “I will fix that all right.” The bank was to pay a dividend in two or three weeks’ time, and he said, “I will pay you a divi- dend on the 15th of next month.” Said I, “Jesus Christ, I do not know what to do with you.” The clerk at the bank showed me the checks on which the money was drawn, but, of course, I did not know one check from the other . . . I could not get anything out of Boston. . . . [Before the bank was closed] I said, “Mr. Wilson, I don’t want to get closed up in this concern. A man in this town unless he has money, is not worth more than a dog. I have worked hard night and day, for this money, and so has my wife, and it should not be closed up in this way.” He said, “You see that Treasury over there, don’t you?” I said, “Yes.” “Well,” said he, “there is no more chance of this bank closing or bursting than there is of that Treasury.” I said, “If that is so, it is all right.” He said, “It is just prejudice that white people have got against us.” Then I made myself contented. My heart went down and I went to work. There the matter stood, and only 40 cents on my pass book to my credit. They did not rob my boy’s book. When I was loaning money to Boston, I sup- posed it was all right as he was cashier of the bank. 1 supposed he owned it all himself. I did not know. . . .

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