Apr 6, 2021 | Money and Racism
At the end of the Civil War, there were close to $200,000 in military banks of unclaimed funds from Black soldiers who had died during the war. John W. Alvord encouraged Congress to create a bank in conjunction with the Freedmen’s Bureau. After some...
Mar 16, 2021 | Money and Racism
In March 1865, General Sherman of the Union army – after consulting with local Black leaders who knew that land ownership was necessary for the freed slaves to begin building wealth and participate in capitalism – signed Field Order 15. This order set...