Monthly Archives: September 2013

“Never again” — the Freedman’s collapse

footer-logo-whhaThree million dollars belonging to 61,000 African Americans. That’s how much accumulated wealth vanished when the Freedman’s Savings and Trust Company failed in June 1874.

A solid account from the White House Historical Society:

http://www.whitehousehistory.org/presentations/the-half-had-not-been-told-me/freedman-savings-trust.html