The Freedman’s Bank

After Union victory in the Civil War, the government opened the Freedman’s Bank to provide a safe place for newly-freed black workers to place their funds. By 1871, 37 branches were open in the US, with over 70,000 people depositing $60 million into this bank. Then, in 1873, there was a depression. Narrated by Dr. Henry Louis Gates, with Hasan Jeffries and Vincent Brown, from Black History in 2 Minutes (Or So).

_____________
Shortlink: https://wp.me/p6sb6-wEp

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

Tags: , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


%d bloggers like this: