44 THE FREEDMEN’S SAVINGS BANK 
This is a benevolent institution. All profits go to the 
depositors, or to educational purposes for the freedmen 
and their descendants. 
The whole institution is under the charter of Congress, 
and received the commendation and counsel of the Presi- 
dent, Abraham Lincoln. One of the last official acts of his 
valued life was the signing of the bill which gave existence 
to this bank. 
On the cover, also, was the following commen- 
dation from General Howard, which was to the 
Negro sufficient proof of its connection with the 
Bureau: 
I consider the Freedmen’s Savings and Trust Company 
to be greatly needed by the colored people, and have wel- 
comed it as an auxiliary to the Freedmen’s Bureau. 
—Major-General O. O. Howard. 
For the purpose of educating the depositor in 
thrift a table was printed in the book to show 
the possibilities of a small saving each day: 
A man who saves ten cents a day for ten years, will 
have, if he puts it at interest at six per cent: 
In year... roe A30.99 
In Wiyears. cos vvv od 76.20 
In 13 Ears. «ovis visi 7:21 
inMdyesrs............. Wal.Y 
In GS years. ............ 003.74 
In Gyears.............. 005847 
In 7 years............. 1113 
In 8 years. coonnisi .ul367.03 
In O Fears... ....iuvsqv 1026.37 
Inl0years..... nes ea Ri59-31 
There were, in one edition of the book, pictures 
of Lincoln, Grant, Howard, and the United 
States flag, and some verses, which, as charged 
by unfriendly critics, the Negroes believed were 
written by General Howard: