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A Publishers Weekly Best Nonfiction Book Of 2024A Leading Historian Exposes How The Rise And Tragic Failure Of The FreedmanS 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 FreedmanS Bank. African Americans Envisioned This New Bank As A Launching Pad For Economic Growth And SelfDetermination. But Only Nine Years After It Opened, Their Trust Was Betrayed And The FreedmanS 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 FreedmanS 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 BankS White Financiers Drove The Bank Into The Ground, Not Fredrick Douglass, Its Final President, Or Its Black Depositors And Cashiers. A PageTurning Story Filled With Both WellKnown Figures Like Abraham Lincoln, Frederick Douglass, Jay And Henry Cooke, And General O. O. Howard, And Less WellKnown Figures Like Dr. Charles B. Purvis, John Mercer Langston, Congressman Robert Smalls, And Ellen Baptiste Lubin. Savings And Trust Is Necessary Reading For Those Seeking To Understand The Roots Of Racial Economic Inequality In America. 10 Illustrations
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
I expected more from The Rise and Betrayal of the Freedman's Bank. While the topic is incredibly interesting, I felt the writing was a bit dry and lacked engagement. I had trouble finishing it, which is frustrating because I wanted to learn more!
A
Aisha Patel
An Eye-Opening Account
This book is a must-read for anyone interested in financial history and African American heritage. The author did a fantastic job weaving together personal stories and historical facts. I especially loved how it explained the impact of the Freedman's Bank on the Black community. I’ll definitely recommend it to friends!
J
Jamal Thompson
A Deep Dive into History
The Rise and Betrayal of the Freedman's Bank is a fascinating read that really opened my eyes to a crucial part of American history. The author did a great job detailing the rise of the bank and the eventual betrayal that followed. I couldn't put it down and even took notes for my history class!
M
Maria Gonzalez
Informative but a Bit Slow
I found this book to be very informative on the topic of Freedman’s Bank, but some parts dragged on a bit too long for my taste. Still, the insights into the struggles faced by Black Americans during that era were valuable. Worth a read if you're into historical finance!
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⚠️ California Proposition 65 Warning: Some products sold on this website may expose you to chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm. For more information, visit www.P65Warnings.ca.gov.
