Freedmen, Philanthropy, and Fraud: A History of the Freedman’s Savings Bank (Blacks in the New World)

Amazon.com Price: $29.95 (as of 02/05/2019 21:02 PST- Details)

Categories: African-American Studies, Americas, Books, Business and Money, Finance, History, Politics and Social Sciences, Social Sciences, Specific Demographics, State and Local, Subjects, United States

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From dust jacket notes: “‘The black man’s cow, however the white man’s milk’ – this used to be how Frederick Douglass and plenty of others viewed the Freedman’s Savings Bank. Begun in 1865 to offer freedmen with a spot for saving the profits from their crops and bounty payments from military service, inside a scant decade the Bank had failed. Too past due, depositors came upon that the Bank’s prestigious directors had manipulated and embezzled the funds which they’d been sparsely and conscientiously entrusting to it….”

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Freedmen, Philanthropy, and Fraud: A History of the Freedman’s Savings Bank (Blacks in the New World)

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