"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
It is due to Mr. Cooke to say that this sum was afterwards paid.
Doubtless his intentions were good when he borrowed the money. Naturally
a well-meaning man, he fell a victim to bad association.
9. “P. T. Langley’s note, endorsed by D. L. Eaton, actuary of
the bank. Loan, $500, no security.”
This completes the transcript brought me from the books of the bank, in
November, 1871. I need hardly tell the reader that the gentlemen whose
names appear as original conspirators to rob the bank were Republicans of
high standing in the party, and professed friends of the colored man.
It will also be observed that they initiated the robbery, by getting the
money on worthless securities, and with two or three additions of men of
the same stamp, in politics as well as religion, continued it to the very
end.
Fully satisfied that what Mr. Elvans had told me was true—satisfied also
of the existence of a conspiracy to steal the funds of the bank—the next
question was, as to how the disaster, sure to result from it, could be
averted. I laid Mr. Elvans’ statement before several leading Republicans,
in and outside of Congress, and appealed to them to assist me in rescuing
the bank and its money from this combination of robbers. I use very
plain language in treating of this very black crime—one which should
sink the Republican party so far out of sight that it would never again
have an existence. Must I confess here that I appealed to Republicans in
vain? Some of them had for years been shedding tears over the sorrows
of the slave; but, like Pomeroy, of Kansas, they had borrowed the newly
emancipated slave’s money, and it had sealed their lips and withered
their consciences.
I appealed to a member of Grant’s cabinet. He had previously professed
friendship for the negro. He glanced over Mr. Elvans’ black list of
loans, smiled, and handed it back, saying, the names were those of highly
honorable gentlemen, who would not do a dishonest act. He intimated,
also, that Mr. Elvans was bent on creating a sensation. This cabinet
minister, as was afterwards proven, was connected with the most prominent
of these conspirators in real estate and other speculations. In plain
language, this gang of Republican knaves were all powerful at court, at
that time. Grant, himself, was their friend, associate, and partner in
Seneca sandstone and other speculations. Indeed it is only the truth to
say of Grant that such was the force of his democratic instincts that he
never had any real, honest sympathy with the negro, to say nothing of his
contempt for poor men of whatever color. It was Grant’s native dislike of
the negro and the abolitionist alike, that led him into his unfortunate
quarrel with Mr. Sumner. That quarrel initiated the independent
Republicans, and it also initiated the disintegration of the Republican
party.
Public-domain text, read in full here on John Shaqi.
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