64 THE FREEDMEN’S SAVINGS BANK 
Question. I understand you to say that this money was 
the joint earnings of yourself and wife? 
Answer. Yes; she took in washing, and worked day and 
night, every day for the whole year. 1 have never been to 
a picnic or a ball since I have been in town.” 
The table below gives the list of branches 
where shortages were discovered by the inspec- 
tors before the failure of the bank. 
SHORTAGE AT THE BRANCH BANKS 
Branch Cashier Shortage 
A Rn, ee ts width wal DEVS ho set iatim ortaiabbiicias A 8.000 
Beaufort... rus rar nes os RSEOvelii iL. [ih eae 104000 
eautort cove. {1000 
Mobile. ................v., A Woodward... .............. 0 3,375 
New Bern. .oi0 ide Neon. LL one 250 
Wilmington... iu... «con ovo BVeCumber. J. oo vv. oi 183,000 
INGORE... oh ohn ns EMOTARI Lo iy id abies wiivieal 1,125 
Jacksonville hin vivinr i EON. ait oie airy as {1 
Nashville... i no a Ray, i Bi. vei 1,000 
Vicksburg no. arta oollee ns cnn Sl orn ns aa 11.000 
LynehbBurg., i. coi ie BIONOARH.. i i sie bali 900 
Lexington, Ky. ...- +2 Hamilton. 00 oo 5000 
Montgomery...................- Beecher. .................J 29,000 
18,000 
It is not possible to ascertain from the records 
exactly how large the shortages were at Beaufort, 
Jacksonville, and Montgomery; in the table the 
smallest and largest estimates are given. There 
were shortages at other branches than those 
named above, but they were adjusted. It is 
probable that much of the deficit at the honestly 
managed branches was due to poor bookkeeping, 
too large payments of interest, unnecessary ex- 
penses, and inexperienced clerks. 
NEGLECTFUL AND UNFAITHFUL TRUSTEES 
Another cause of weakness was the gradual 
4 Ilo, Report No. 502, 44 Cong., 1 Sess., p. 29. 
16 Douglas Report, p. 5. 
ET