"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. — John Shaqi
"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.Adams, F. Colburn (Francis Colburn)
History
"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.
Adams, F. Colburn (Francis Colburn)
Freedman's Savings and Trust Company
Let us survey the field carefully and thoroughly, and see how these
commissioners have got away with the savings of the scrubbers and the
washers, the widows and the orphans of the very poor and the very
ignorant. And I will begin this by turning to the testimony and report of
Hon. Beverly Douglass’ Investigating Committee, made to Congress May 9th,
1876. That investigation developed:
First: A chapter of fraud unparalleled in the history of crime.
Second: Shameful dereliction of duty on the part of the
commissioners.
Third: That J. A. J. Creswell was too much engaged in other
business, to give any of his valuable time to the bank. That he
paid Leipold $500 for attending to his part of the business,
and quietly pocketed $2,500.
Fourth: That the colored man Purvis, followed the example of
Creswell—paid Leipold $500 to excuse him.
Fifth: That Leipold was the great Republican high priest, who
ran the bank according to his own methods.
Sixth: That the remaining funds were fast disappearing into the
pockets of the commissioners and their favorites.
Seventh: That the commissioners were appointed on the 4th of
July, 1874, and that no report of their management has been
made, as was required by law.
Eighth: That more than sixty thousand dollars had disappeared
in a single year, for what was called “expense account.”
Ninth: That there was at least a suspicious connection between
Leipold, Senator Howe’s man, and lawyer Totten, a son-in-law of
the same Senator.
Tenth: That G. W. Stickney succeeded D. L. Eaton, as Actuary of
the bank; that some of the very worst frauds on the bank were
committed during his administration, and with his knowledge.
Not only this, but that he was found to be individually
indebted to the bank to the amount of $2,680.
Brother G. W. Stickney, sometimes called Colonel Stickney, is well known
in Washington, alike for his praying propensities and sharp practices.
He is, if I may be pardoned for using the phrase, an outwash of the war,
a Christian statesman of the Schuyler Colfax type. He is one of those
persons who could, at any time, get a certificate of good character from
those illustrious friends of humanity, U. S. Grant and Boss Shepherd.
Let us turn to page 50 of Mr. Beverly Douglas’ report and see what
Brother J. W. Alvord, at one time president of the Freedmen’s Bank, says
of Brother G. W. Stickney:
By the Chairman (Douglas):
Q. I want you to tell the Committee, without any evasion or
concealment, whether, during your administration as president,
or your connection with the bank as trustee, there was, to
your mind and your comprehension, a fair, faithful, and honest
administration of its funds?
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account