Savings and Trust cover art

Savings and Trust

The Rise and Betrayal of the Freedman's Bank

Preview

Try for $0.00
Pick 1 audiobook a month from our unmatched collection.
Listen all you want to thousands of included audiobooks, Originals, and podcasts.
Premium Plus auto-renews for $14.95/mo + applicable taxes after 30 days. Cancel anytime.

Savings and Trust

Written by: Justene Hill Edwards
Narrated by: Diana Blue
Try for $0.00

$14.95 a month after 30 days. Cancel anytime.

Buy Now for $21.92

Buy Now for $21.92

Confirm purchase
Pay using card ending in
By confirming your purchase, you agree to Audible's Conditions of Use and Amazon's Privacy Notice. Tax where applicable.
Cancel

About this listen

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 ground, not Fredrick Douglass, its final president, or its Black depositors and cashiers. A compelling story filled with both well-known figures like Abraham Lincoln, Frederick Douglass, Jay and Henry Cooke, and General O. O. Howard, and less well-known figures like Dr. Charles B. Purvis, John Mercer Langston, Congressman Robert Smalls, and Ellen Baptiste Lubin. Savings and Trust is a must-listen for those seeking to understand the roots of racial economic inequality in America.

©2024 Justene Hill Edwards (P)2024 Ascent Audio
Economics United States Wars & Conflicts American History
activate_Holiday_promo_in_buybox_DT_T2

What listeners say about Savings and Trust

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.