Vicksburg weekly herald. (Vicksburg, Miss.) 1868-1883, 1878-05-24

I tAANNuH sci HAGN y AuA uA4hH Since NNInNHmmN
cation 10 various capacities, among others
as lie Inspector from 1871 TO 1874, q most
intelligent and, In my judgment, reliable
witness:
"QuestiOn. Do you know whether AZ
Vicksburg or any other branch the induce.
ment was held out to dep0titors to deposit
IN that bank because It vas 3 Government
institntiOnY
ANSWER. 1 think 1t was,
80 That inducement was mad. 10 Ia.
duce persons TO deposit; that IL was q
Government institution and that the Gov.
eminent was bound to tue depOsitOrs4
"a. Yes; l cannot say specially at
Nicksburg; though / think thatihAt foolish
policy was adopted there.
q Did they not represent that the de-
p1slls made by individuals would be guar
anteed by the Government Of the United
statesY
"a. 1 think they did, but | qualify my
answer by saying that | am not GER
tain as to NiCksburg; though | think
30. But Of this | Am certain, that you will
ind on many Of the pass-bOOkL Of the New
York branch these words, In English,
French. and German: "The Government
Of the United States has made this bank
perfectly sac
20 You say that that will be found on
many ot the pass-OOOks'
"a, Yes. | wanted TO raise this cues.
ton teIOre the committee because 1t iS
important, and II relates to tue history oil
the Institution. | do not think our more
Judlcious cashiers ever adopted that
phrase
True, the "more jullclouS cashiers'
never dill adopt that phrase, but a little
p'mphiet was prepared crntaining the
charter and bylaws OF the bank and dis.
trIbuteG among the freedmen, which con.
tanned This II Itement:
"1he whole institution Is under the
charter Of Congress, and received the com.
mendation aud cOuntenancs Of the Presi.
dent, Abraham Lincoln. One of the last
official acts ofhis valued life was the sign
ing OF the bill which gave legal existence
10 the bank"
1t needed only a reference to the martyr.
President who had signed the Act OF
Emancipation to In spire the utmost conf.
dence. Everything that the wits OF these
people, sharpened by the whettings Of
their Internal a~varlce, could suggest was
resOrted to tor the purpose OF drawing
money from the treedrueh's pockets. The
"Chrlstain soldier" General Howard, was
then loud In his professions Of love for the
negroes. and bis certificate was sent out
as follows:
81 consider the Freedman's Savings and
trust Company 10 be greatly needed by
the cOlOred people and have welcomed 1t
as an auxiliary to the Freedman's Blu
reau. U. U. HOWARD, Maj)r.General."
The col0red people were entreated to
practice industry and frugality. II was a
matter OF imp lrtance to put these appeals
In a form that would attract aud carry
conviction to their %uneducated minds, and
hence tais rhyme, the pOetrs Of which Is
no bette Ia IN the morality NJ its authors:
lis little by little the bee iIls her cell;
And little ~ little a man sinks q well;
/ ia fiRfla h~ liNNIn a Liza hN41Ha AaH - 49,
BY Titles q forest in verdure is dTest;
lis little by little great volumes are made;
By Titles Il mountain or levels ore made;
lis it'll by little an ocean Is Oiled
And little by little a cit! WI build:
'Tis little by little an ant gets her store:
Every little we add to little makes more;
Step by step We walk miles, aud we sew
ST On by stitch;
word b.! word we read books, cent " cent
We grow rich.
II u n, put that these lessons Of indus
tiy aud irug Atty were taught To the ne.
2rOes 80 that the manage : u tlc ,ank at
Washington might i've IN ~laZIues. and
luXu y IN the proceeds OF their iaOur and
grow rich" upon the zen: by cent saved
by the self denial of the freedmen
Mr.. Young Il desire u say a word
man from Mississippi. Loud cries Of
"NOte!'' Vote!' and 80 On!'I only
want L. talk all puttwO minutes. Renewed
cries Of ~ Ote! - "NOte!' and "Let MIN be
heard!"l
Mr.. AtS;Bs-l hope the House Will hear
nv colleagues be rarely speaks, and when
be does he always speaks TO the point.
The ChAirman-ls there objection to al
lowing the gentleman IRON t. nnesse Mr..
Young to occupy the ilOor for two MINI.
tesE Toe Chair b sars none.
Mr.. 1Oung-L should make no reply to
the gentleman from Mis- sissippi IL bis re.
marks were not calculated to place me Ia
a false attitude before the House. | am
willing to give him all the credit he is en-.
titled 10 or deserves for hts admirable
stump speech, but do no; want MIN to have
It at my expense. | give MIN full credit
for mis- philanthrop'c interest in the we'll
being OF the freedmen. | know that II Is
entirely dlsinterested aud springs from
pure goodness Of heart. being in no way
influenced by the fact that he mas in his
district a majority Of S,O00 cIlOred voters.
Laughter AS evidence Of the unselish
motives which prompted his eloquent dec.
Iama:ion | may mention the fact that there
are not a dozen men In his district who
ever mad u do lar In the Freedman's Bank.
Laughter. 50 he can have no concern
about any losses his constituents may
nave sustained.
His district adjoins my own, and ls ouly
a little way below II on The river, and IL
any OF mis- constituents ever deposited any
money in the Freedman's Bank such de.
posit would have been made IN the branch
Of that institution located in the city Of
Memphis, where l live; but l took occasion
a few days since TO examine the books Of
that branch and did not dnd that a single
one OF his constituents had ever had q dol.
lar 10 It. SO all he manages to get out oft
for them will be a clear gain. lGreat laugh.
ter and applause
Mr. ChalmeTs-I know that the gentle.
man from Tennessee Mr.. Youngl thinks
that the sun rises and sets 10 Memphis,
and that there is no other place on the face
OF Gods green earth where the freedmen
could have depositedItheir money. But let
me tell him that there are some banks In
Mlssls ippi, and that the ten per cent. now
due on ireedmen's deposits 10 the banks ut
Fleks6urg and Natchez alone am0uut to
over $4,000.
The gentleman says that my coustltu.
ents are poor, and that they do not own
any money, aud that l have a large MAORI.
y OF colOred people In my district, 1
never heard II before asserted In the
American Congress- that 1t was a disgrace
TO q man to be poor. f~Laughter.l admit
that represent a majority OF colOred
population; but, cir, l have made Demo.
Gratis OF them, aud they sent mo heFa IN