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The Freedmen's Savings Bank

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Bibliographic data

fullscreen: The Freedmen's Savings Bank

Multivolume work

Identifikator:
1780159447
Document type:
Multivolume work
Author:
Marx, Karl http://d-nb.info/gnd/118578537
Title:
Das Kapital
Place of publication:
Berlin
Publisher:
J. H. W. Dietz Nachf., G. m. b. H.
Year of publication:
1926-
Collection:
Economics Books
Usage license:
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Volume

Identifikator:
1780159595
URN:
urn:nbn:de:zbw-retromon-188277
Document type:
Volume
Author:
Marx, Karl http://d-nb.info/gnd/118578537
Title:
Der Produktionsprozeß des Kapitals
Volume count:
1.1928
Place of publication:
Berlin
Publisher:
J. H. W. Dietz Nachf., G. m. b. H.
Year of publication:
1928
Scope:
XLVIII, 768 Seiten
Digitisation:
2022
Collection:
Economics Books
Usage license:
Get license information via the feedback formular.

Chapter

Document type:
Multivolume work
Structure type:
Chapter
Title:
Siebter Abschnitt. Der Akkumulationsprozeß des Kapitals
Collection:
Economics Books

Contents

Table of contents

  • The Freedmen's Savings Bank
  • Title page
  • Contents
  • Chapter I. The negro at the close of the Civil War
  • Chapter II. Origin of the Freedmen's Savings Bank
  • Chapter III. Organization and expansion of the Freedman's Bank
  • Chapter IV. The good work of the bank
  • Chapter V. Mismanagement and other troubles
  • Chapter VI. The administration of Frederick Douglass. The collapse of the bank
  • Chapter VII. The work of the commissioners
  • Chapter VIII. The affairs of the bank under the controller of the currency
  • Index

Full text

ORIGIN OF THE FREEDMEN’S SAVINGS BANK 21 
In the same year military savings banks, in- 
tended primarily for the use of Negro soldiers, 
were established by General B. F. Butler at 
Norfolk, Virginia, and by General Rufus Saxton 
at Beaufort, South Carolina. At these places 
there were not only regiments of Negro troops, 
but there were also large numbers of other 
Negroes who, as a result of Federal military 
Occupation, had been free from their owners 
since 1861 or soon after, and who, for several 
years, had been learning how to work for them- 
selves. But the Negro soldiers were the best 
depositors, They were now paid regularly each 
month and many of them had received large 
bounties upon enlisting; they were fed and 
clothed by the government and needed to spend 
but little of their pay. Accordingly they wel- 
comed the establishment of the banks, and many 
of them made deposits which remained until the 
close of the war, The total of deposits is not 
known, but when the war ended the Beaufort 
Bank had on hand about $200,000, a large part 
of which consisted of unclaimed deposits of sol- 
diers who had disappeared. Some of them had 
been mustered out of service or transferred to 
other posts; others had been killed in action or 
had died of disease, and their relatives could not 
be found; and many of those who had placed 
money in the bank were too ignorant to draw 
February 11, 1864. Judge Rost of Louisiana was a diplomatic representa- 
tive of the Confederacy in Europe, 1862-1865. His Destrehan plantation 
In St. Charles parish was confiscated when the Union forces came in, and 
On 1t was established a Negro refugee or “home” colony. 
?See Pearson, Letters from Port Royal, and Holland Letters and Diary 
of Laura Mf. Towne.
	        

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Das Baugewerbe in Der Volks-, Berufs- Und Betriebszählung von 1925. Deutscher Baugewerksbund (N. Bernhard), 1930.
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