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.