102 THE FREEDMEN’S SAVINGS BANK
phia Negro, the father of Dr. Purvis, the Negro
trustee. These men were then appointed by the
Secretary of the Treasury. Leipold was chosen
by the trustees because he was an expert ac-
countant; Creswell, “because he was a cabinet
officer, the most practical Republican we ever
had,” and because he had a reputation for ap-
pointing Negroes to office;? Purvis was chosen
because of his color, a Negro being needed to
represent the race.
The commissioners took charge of the affairs
of the defunct bank on July 11, 1874. The salary
of each was fixed at $3,000 a year and they were
required by the Secretary of the Treasury to
make a joint bond for $100,000. From the first
there was trouble among them in regard to the
proper division of the work and responsibilities.
Creswell and Purvis did practically nothing but
sign the checks for dividends (quite a task, how-
ever) and they soon made it evident that they
did not intend to undertake other duties, but to
leave the business for Leipold to look after.
Creswell seemed to think that his part was done
by allowing the use of his name and his reputa-
tion as a friend of the Negroes; and Purvis
seemed to feel that his part was merely to be a
Negro member on the board of commissioners.
statement: “Cardozo, a Negro, was superintendent of Public Education
and Purvis, a Philadelphia mulatto, was Adjutant General of the state.
These two men were considered by the natives to be the most respectable
members of the state) government.” Possibly this Purvis was one of
those connected with the Freedmen’s Savings Bank.
3 Creswell was a native of Maryland, and in politics had been a
Whig, later a Democrat, and finally a Radical Republican. He served as
congressman and senator from Maryland during the Civil War, and in
1865 he became Postmaster General, resigning on July 3, 1874.