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 Web References

  1. 1. The Souls of Black Folk -  Chapter 2
    afroamhistory.about.com/librar - [Cached]

    Published on: 3/16/2002   Last Visited: 11/26/2002

    It sustained a searching Congressional investigation at the instance of Fernando Wood in 1870. Its archives and few remaining functions were with blunt discourtesy transferred from Howard's control, in his absence, to the supervision of Secretary of War Belknap in 1872, on the Secretary's recommendation. Finally, in consequence of grave intimations of wrong-doing made by the Secretary and his subordinates, General Howard was court-martialed in 1874. In both of these trials the Commissioner of the Freedmen's Bureau was officially exonerated from any wilful misdoing, and his work commended. Nevertheless, many unpleasant things were brought to light, -- the methods of transacting the business of the Bureau were faulty; several cases of defalcation were proved, and other frauds strongly suspected; there were some business transactions which savored of dangerous specula- tion, if not dishonesty; and around it all lay the smirch of the Freedmen's Bank.

    Morally and practically, the Freedmen's Bank was part of the Freedmen's Bureau, although it had no legal connection with it. With the prestige of the government back of it, and a directing board of unusual respectability and national reputation, this banking institution had made a remarkable start in the development of that thrift among black folk which slavery had kept them from knowing. Then in one sad day came the crash, -- all the hard-earned dollars of the freedmen disappeared; but that was the least of the loss, -- all the faith in saving went too, and much of the faith in men; and that was a loss that a Nation which to-day sneers at Negro shiftlessness has never yet made good. Not even ten additional years of slavery could have done so much to throttle the thrift of the freedmen as the mismanagement and bankruptcy of the series of savings banks chartered by the Nation for their especial aid.
  2. 2. W.E.B. DuBois -- The Souls of Black Folk
    www.panafricanperspective.com/ - [Cached]

    Published on: 3/6/2004   Last Visited: 6/8/2006

    It sustained a searching Congressional investigation at the instance of Fernando Wood in 1870. Its archives and few remaining functions were with blunt discourtesy transferred from Howard's control, in his absence, to the supervision of Secretary of War Belknap in 1872, on the Secretary's recommendation.
  3. 3. The Souls of Black Folk by W. E. B. Du Bois - eBook
    www.knowledgerush.com/books/so - [Cached]

    Published on: 2/16/2001   Last Visited: 9/29/2002

    It sustained a searching Congressional investigation at the instance of Fernando Wood in 1870. Its archives and few remaining functions were with blunt discourtesy transferred from Howard's control, in his absence, to the supervision of Secretary of War Belknap in 1872, on the Secretary's rec- ommendation. Finally, in consequence of grave intimations of wrong-doing made by the Secretary and his subordinates, General Howard was court-martialed in 1874. In both of these trials the Commissioner of the Freedmen's Bureau was officially exonerated from any wilful misdoing, and his work commended. Nevertheless, many unpleasant things were brought to light,--the methods of transacting the business of the Bureau were faulty; several cases of defalcation were proved, and other frauds strongly suspected; there were some business transactions which savored of dangerous specula- tion, if not dishonesty; and around it all lay the smirch of the Freedmen's Bank.

    Morally and practically, the Freedmen's Bank was part of the Freedmen's Bureau, although it had no legal connection with it. With the prestige of the government back of it, and a directing board of unusual respectability and national reputa- tion, this banking institution had made a remarkable start in the development of that thrift among black folk which slavery had kept them from knowing. Then in one sad day came the crash,--all the hard-earned dollars of the freedmen disap- peared; but that was the least of the loss,--all the faith in saving went too, and much of the faith in men; and that was a loss that a Nation which to-day sneers at Negro shiftlessness has never yet made good. Not even ten additional years of slavery could have done so much to throttle the thrift of the freedmen as the mismanagement and bankruptcy of the series of savings banks chartered by the Nation for their especial aid.

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