The Washington Informer
Author and Orator Frederick Douglass to Be Honored in New Special Exhibit at American Writers Museum
American Writers Museum
By 1871, Congress had authorized the bank to provide mortgages and business loans. Such mortgages and loans, however, were usually given to whites, creating a financial paradox -— a bank using the savings and income of black depositors to advance the economic fortunes of whites who had at their disposal mainstream banks that excluded blacks.
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Which America should we recall on the Fourth of July? The "all men are created equal" of the Declaration of Independence or the gross inequalities by race, class and gender, the crying disparities of wealth, voice and security in real life? Both. Because the lofty declaration is more than a platitude and a snare; it has also always been a goal and a call to strive "to finish the work we are in." Lefty alternatives for the Fourth: songs, thoughts, a little inspiration.