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Savings And Trust The Rise And Betrayal Of The Freedmans Bank Justene Hill Edwards

  • SKU: BELL-62366992
Savings And Trust The Rise And Betrayal Of The Freedmans Bank Justene Hill Edwards
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Savings And Trust The Rise And Betrayal Of The Freedmans Bank Justene Hill Edwards instant download after payment.

Publisher: W. W. Norton & Company
File Extension: EPUB
File size: 7.83 MB
Pages: 336
Author: Justene Hill Edwards
ISBN: 9781324073857, 1324073853
Language: English
Year: 2024

Product desciption

Savings And Trust The Rise And Betrayal Of The Freedmans Bank Justene Hill Edwards by Justene Hill Edwards 9781324073857, 1324073853 instant download after payment.

A leading historian exposes how the rise and tragic failure of the Freedman's Bank has shaped economic inequality in America.

In the years immediately after the Civil War, tens of thousands of former slaves deposited millions of dollars into the Freedman's Bank. African Americans envisioned this new bank as a launching pad for economic growth and self-determination. But only nine years after it opened, their trust was betrayed and the Freedman's Bank collapsed.

Fully informed by new archival findings, historian Justene Hill Edwards unearths a major turning point in American history in this comprehensive account of the Freedman's Bank and its depositors. She illuminates the hope with which the bank was first envisioned and demonstrates the significant setback that the sabotage of the bank caused in the fight for economic autonomy. Hill Edwards argues for a new interpretation of its tragic failure: the bank's white financiers drove the bank into the...

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