Download or read book Freedmen Philanthropy and Fraud written by Carl R. Osthaus and published by Urbana : University of Illinois Press. This book was released on 1976 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: History of Freedman's Savings and Trust Company in Washington, D.C.
Download or read book Fredem Philanthropy and Fraud written by Carl R. Osthaus and published by . This book was released on 1976 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Rise and Fall of the Freedman s Savings Bank written by Rodney A. Brooks and published by Spiramus Press Ltd. This book was released on 2024-04-13 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author tells the history of the Freedman’s Savings Bank, how it grew much too quickly, why it failed and the impact on Black America. The end of slavery in the United States left thousands of enslaved people with the need to survive the transition to freedom, including food, clothing, shelter, and medical care. They would also need education, money and financial services. In 1865 Congress passed legislation to create the Freedman’s Bureau to provide those services. It also created the Freedman’s Savings Bank. Large numbers of the formerly enslaved people had been paid for service in the Union Army – the first time many had cash. And they had no safe depository. The Freedman’s Bank offered that, expanding quickly and gained millions in deposits – mostly ranging from $5 to $50. But inexperience and corruption doomed it to failure, costing many of the small depositors their savings. Some of the biggest issues facing Black consumers today may be able to trace their roots back to this debacle, from the historical distrust in banks to the racial wealth gap. Why publish now? On the heels of the social justice protests of 2020 and the Covid pandemic, some of the persistent and long-lasting problems facing Black Americans bubbled to the top. Black Americans suffered more than White Americans – they got sicker and died more frequently. In addition, they bore the brunt of the job losses economically and business failures. White Americans (and many Black Americans) learned about how vibrant Black communities like Black Wall Street in Tulsa, Oklahoma, were burned to the ground by angry White mobs, destroying generational Black wealth. The racial wealth gap was pushed to the forefront of the debates. Many of those issues in the wealth gap – including the distrust of Banks and the lack of generational wealth in the Black community can be traced back to the collapse of the Freedman’s Savings Bank and the resulting loss of wealth and generational wealth in Black America. This book will put the Freedman’s Savings Bank in the conversation with reparations, Baby Bonds and financial literacy.
Download or read book Freaks of Fortune written by Jonathan Levy and published by Harvard University Press. This book was released on 2012-10-29 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: Until the early nineteenth century, “risk” was a specialized term: it was the commodity exchanged in a marine insurance contract. Freaks of Fortune tells the story of how the modern concept of risk emerged in the United States. Born on the high seas, risk migrated inland and became essential to the financial management of an inherently uncertain capitalist future. Focusing on the hopes and anxieties of ordinary people, Jonathan Levy shows how risk developed through the extraordinary growth of new financial institutions—insurance corporations, savings banks, mortgage-backed securities markets, commodities futures markets, and securities markets—while posing inescapable moral questions. For at the heart of risk’s rise was a new vision of freedom. To be a free individual, whether an emancipated slave, a plains farmer, or a Wall Street financier, was to take, assume, and manage one’s own personal risk. Yet this often meant offloading that same risk onto a series of new financial institutions, which together have only recently acquired the name “financial services industry.” Levy traces the fate of a new vision of personal freedom, as it unfolded in the new economic reality created by the American financial system. Amid the nineteenth-century’s waning faith in God’s providence, Americans increasingly confronted unanticipated challenges to their independence and security in the boom and bust chance-world of capitalism. Freaks of Fortune is one of the first books to excavate the historical origins of our own financialized times and risk-defined lives.
Download or read book Administering Freedom written by Dale Kretz and published by UNC Press Books. This book was released on 2022-09-07 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers the definitive history of how formerly enslaved men and women pursued federal benefits from the Civil War to the New Deal and, in the process, transformed themselves from a stateless people into documented citizens. As claimants, Black southerners engaged an array of federal agencies. Their encounters with the more familiar Freedmen's Bureau and Pension Bureau are presented here in a striking new light, while their struggles with the long-forgotten Freedmen's Branch appear in this study for the very first time. Based on extensive archival research in rarely used collections, Dale Kretz uncovers surprising stories of political mobilization among tens of thousands of Black claimants for military bounties, back payments, and pensions, finding victories in an unlikely place: the federal bureaucracy. As newly freed, rights-bearing citizens, they negotiated issues of slavery, identity, family, loyalty, dependency, and disability, all within an increasingly complex and rapidly expanding federal administrative state—at once a lifeline to countless Black families and a mainline to a new liberal order.
Download or read book Let Us Put Our Money Together written by Tim Todd and published by . This book was released on 2019-05-31 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: Generally, books addressing the early history of African American banks have done so either within the larger construct of African American business history and economic development, or as a starting point to explore current issues related to financial services. Focused considerations of these early institutions and their founders have been relatively rare and somewhat scattered. This publication seeks to address this issue.
Download or read book Freedwomen and the Freedmen s Bureau written by Mary Farmer-Kaiser and published by Fordham Univ Press. This book was released on 2010 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Established by congress in early 1865, the Bureau of Refugees, Freedmen, and Abandoned Lands--more commonly known as "the Freedmen's Bureau"--assumed the Herculean task of overseeing the transition from slavery to freedom in the post-Civil War South. Although it was called the Freedmen's Bureau, the agency profoundly affected African-American women. Until now remarkably little has been written about the relationship between black women and this federal government agency. As Mary Farmer-Kaiser clearly demonstrates in this revealing work, by failing to recognize freedwomen as active agents of change and overlooking the gendered assumptions at work in Bureau efforts, scholars have ultimately failed to understand fully the Bureau's relationships with freedwomen, freedmen, and black communities in this pivotal era of American history.
Download or read book Capital Speculations written by Sarah Luria and published by UPNE. This book was released on 2006 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: An imaginative analysis of the interplay between rhetoric and physical space in the creation of the nation's capital.
Download or read book Gender and Slave Emancipation in the Atlantic World written by Pamela Scully and published by Duke University Press. This book was released on 2005-10-04 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: This groundbreaking collection provides the first comparative history of gender and emancipation in the Atlantic world. Bringing together essays on the United States, Brazil, Cuba, Puerto Rico, West Africa and South Africa, and the Francophone and Anglophone Caribbean, it shows that emancipation was a profoundly gendered process, produced through connections between race, gender, sexuality, and class. Contributors from the United States, Canada, Europe, the Caribbean, and Brazil explore how the processes of emancipation involved the re-creation of gender identities—the production of freedmen and freedwomen with different rights, responsibilities, and access to citizenship. Offering detailed analyses of slave emancipation in specific societies, the contributors discuss all of the diverse actors in emancipation: slaves, abolitionists, free people of color, state officials, and slave owners. Whether considering the construction of a postslavery masculine subjectivity in Jamaica, the work of two white U.S. abolitionist women with the Freedmen’s Bureau after the Civil War, freedwomen’s negotiations of labor rights in Puerto Rico, slave women’s contributions to the slow unraveling of slavery in French West Africa, or the ways that Brazilian abolitionists deployed representations of femininity as virtuous and moral, these essays demonstrate the gains that a gendered approach offers to understanding the complex processes of emancipation. Some chapters also explore theories and methodologies that enable a gendered reading of postslavery archives. The editors’ substantial introduction traces the reasons for and patterns of women’s and men’s different experiences of emancipation throughout the Atlantic world. Contributors. Martha Abreu, Sheena Boa, Bridget Brereton, Carol Faulkner, Roger Kittleson, Martin Klein, Melanie Newton, Diana Paton, Sue Peabody, Richard Roberts, Ileana M. Rodriguez-Silva, Hannah Rosen, Pamela Scully, Mimi Sheller, Marek Steedman, Michael Zeuske
Download or read book Freedom Colonies written by Thad Sitton and published by Univ of TX + ORM. This book was released on 2010-01-01 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: A history of independent African American settlements in Texas during the Jim Crow era, featuring historical and contemporary photographs. In the decades following the Civil War, nearly a quarter of African Americans achieved a remarkable victory—they got their own land. While other ex-slaves and many poor whites became trapped in the exploitative sharecropping system, these independence-seeking individuals settled on pockets of unclaimed land that had been deemed too poor for farming and turned them into successful family farms. In these self-sufficient rural communities, often known as “freedom colonies,” African Americans created a refuge from the discrimination and violence that routinely limited the opportunities of blacks in the Jim Crow South. Freedom Colonies is the first book to tell the story of these independent African American settlements. Thad Sitton and James Conrad focus on communities in Texas, where blacks achieved a higher percentage of land ownership than in any other state of the Deep South. The authors draw on a vast reservoir of ex-slave narratives, oral histories, written memoirs, and public records to describe how the freedom colonies formed and to recreate the lifeways of African Americans who made their living by farming or in skilled trades such as milling and blacksmithing. They also uncover the forces that led to the decline of the communities from the 1930s onward, including economic hard times and the greed of whites who found legal and illegal means of taking black-owned land. And they visit some of the remaining communities to discover how their independent way of life endures into the twenty-first century. “Thad Sitton and James H. Conrad have made an important contribution to African American and southern history with their study of communities fashioned by freedmen in the years after emancipation.” —Journal of American History “This study is a thoughtful and important addition to an understanding of rural Texas and the nature of black settlements.” —Journal of Southern History
Download or read book The Freedmen s Savings Bank written by Walter Lynwood Fleming and published by . This book was released on 1927 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: About Freedmen's Savings and Trust Company in Washington, D.C.
Download or read book The Prince of Jockeys written by Pellom McDaniels III and published by University Press of Kentucky. This book was released on 2013-09-12 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: Isaac Burns Murphy (1861--1896) was one of the most dynamic jockeys of his era. Still considered one of the finest riders of all time, Murphy was the first jockey to win the Kentucky Derby three times, and his 44 percent win record remains unmatched. Despite his success, Murphy was pushed out of Thoroughbred racing when African American jockeys were forced off the track, and he died in obscurity. In The Prince of Jockeys: The Life of Isaac Burns Murphy, author Pellom McDaniels III offers the first definitive biography of this celebrated athlete, whose life spanned the Civil War, Reconstruction, and the adoption of Jim Crow legislation. Despite the obstacles he faced, Murphy became an important figure -- not just in sports, but in the social, political, and cultural consciousness of African Americans. Drawing from legal documents, census data, and newspapers, this comprehensive profile explores how Murphy epitomized the rise of the black middle class and contributed to the construction of popular notions about African American identity, community, and citizenship during his lifetime.
Download or read book The Cultural History of Money and Credit written by Chia Yin Hsu and published by Lexington Books. This book was released on 2015-12-14 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the wake of the financial crisis in 2008, historians have turned with renewed urgency to understanding the economic dimension of historical change. In this collection, nine scholars present original research into the historical development of money and credit during the nineteenth and twentieth centuries and explore the social and cultural significance of financial phenomena from a global perspective. Together with an introduction by the editors, chapters emphasize themes of creditworthiness and access to credit, the role of the state in the loan market, modernization, colonialism, and global connections between markets. The first section of the volume, "Creditworthiness and Credit Risks," examines microfinancial markets in South India and Sri Lanka, Brazil, and the United States, in which access to credit depended largely on reputation, while larger investors showed a strong interest in policing economic behavior and encouraging thrift among market participants. The second section, "The Loan Market and the State," concerns attempts by national governments to regulate the lending activities of merchants and banks for social ends, from the liberal regime of nineteenth-century Switzerland to the far more statist policies of post-revolutionary Mexico, and U.S. legislation that strove to eliminate discrimination in lending. The third section, "Money, Commercial Exchange, and Global Connections," focuses on colonial and semicolonial societies in the Philippines, China, and Zimbabwe, where currency reform and the development of organized financial markets engendered conflict over competing models of economic development, often pitting the colony against the metropole. This volume offers a cultural history by considering money and credit as social relations, and explores how such relations were constructed and articulated by contemporaries. Chapters employ a variety of methodologies, including analyses of popular literature and the viewpoints of experts and professionals, investigations of policy measures and emerging social practices, and interpretations of quantitative data.
Download or read book Black Reconstruction in America The Oxford W E B Du Bois written by W. E. B. Du Bois and published by Oxford University Press. This book was released on 2014-02-01 with total page 1134 pages. Available in PDF, EPUB and Kindle. Book excerpt: W. E. B. Du Bois was a public intellectual, sociologist, and activist on behalf of the African American community. He profoundly shaped black political culture in the United States through his founding role in the NAACP, as well as internationally through the Pan-African movement. Du Bois's sociological and historical research on African-American communities and culture broke ground in many areas, including the history of the post-Civil War Reconstruction period. Du Bois was also a prolific author of novels, autobiographical accounts, innumerable editorials and journalistic pieces, and several works of history. Black Reconstruction in America tells and interprets the story of the twenty years of Reconstruction from the point of view of newly liberated African Americans. Though lambasted by critics at the time of its publication in 1935, Black Reconstruction has only grown in historical and literary importance. In the 1960s it joined the canon of the most influential revisionist historical works. Its greatest achievement is weaving a credible, lyrical historical narrative of the hostile and politically fraught years of 1860-1880 with a powerful critical analysis of the harmful effects of democracy, including Jim Crow laws and other injustices. With a series introduction by editor Henry Louis Gates, Jr., and an introduction by David Levering Lewis, this edition is essential for anyone interested in African American history.
Download or read book Troubled Refuge written by Chandra Manning and published by Knopf. This book was released on 2016 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even before shots were fired at Fort Sumter, slaves recognized that their bondage was at the root of the war, and they began running to the Union army. By the war's end, nearly half a million had taken refuge behind Union lines in improvised "contraband camps". These were crowded and dangerous places, with conditions approaching those of a humanitarian crisis, yet families and individuals took unimaginable risks to reach them, and they became the first places where many Northerners would come to know former slaves en masse. Drawing on records of the Union and Confederate armies, the letters and diaries of soldiers, transcribed testimonies of former slaves, and more, Manning sweeps us along, from the contraband camps, sharing insight and stories of individuals and armies on the move, to debates in the halls of Congress. The alliances between former slaves and Union soldiers which were warily begun in the contraband camps would forge a dramatically new but highly imperfect alliance between the government and the African Americans. That alliance would outlast the war, and help destroy slavery and ward off the very acute and surprisingly tenacious danger of re-enslavement. It also raised, for the first time, humanitarian questions about refugees in wartime and legal questions about civil and military authority with which we still wrestle, as well as redefined American citizenship, to the benefit but also to the lasting cost of African Americans. --
Download or read book Keep Your Head to the Sky written by Grey Gundaker and published by University of Virginia Press. This book was released on 1998 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of African American home ground knits together diverse aspects of the American landscape, from elite suburbs and tower apartments to the old homeplaces of the countryside, to the tabletop array of family photos beside the bed of a housebound elder. This fascinating volume focuses on ways African Americans have invested actual and symbolic landscapes with signifigance, gained the means to acquire property, and brought new insight to the interpretation of contemporary, historical, and archaelogical sites. Keep Your Head to the Sky demonstrates how visions of home, past and present, have helped to shape African Americans' sense of place, often under extremely hostile conditions.
