"White man bery unsartin": "Nigger haint got no friends, no how"; the blackest chapter in the history of the Republican Party; the men who robbed and combined to rob the freedmen of their hard earnings.
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About This Book
The pamphlet examines a commissioners' report on the liquidation of the Freedmen's Bank and accuses local political and financial leaders of conspiring to divert African American depositors' savings into worthless securities. The author details an investigation that includes a whistleblower's transcript of suspect loans, examples of hypothecated paving and quarry stocks and worthless bonds, and descriptions of official complicity and moral failure. Interwoven are personal recollections of meetings and protests, an argument that political patronage enabled the fraud, and a forceful denunciation of the betrayal of the bank's intended beneficiaries.
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