The Freedmen's savings and trust Company was created by United States congress officials. The Freedmen's saving and trust company were formed into a legal corporation on March 3, 1865, and was then referred to as the Freedmen's Bank. The Freedman's saving and Trust Company was a private corporation that was run by the U.S government to encourage and guide the economic development of newly freed African American communities. The Corporation was created after a nationwide conspiracy. During the Civil War small banks were established throughout the south to collect deposits from black soldiers and fugitive slaves that were working with the armed forces of the Union. It was when many of the deposit recorders were lost and many of the freedmen were …show more content…
The amendment was significant to the reconstruction era because this was the moment that all were waiting for: the ratification of this amendment meant the freemen of all slaves. The thirteenth amendment was created to abolish slavery, it declared, "Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, nor any place subject to their jurisdiction." The amendment was created after the Civil war as a part of the Reconstruction movement. While many may see the amendment as a promise for African Americans, the amendment held loopholes for future arrangements. The 13th amendment was created to keep the concept of slavery legal. Following the ratification of the 13th amendment, many petty laws began to surface. These laws specifically target African Americans; to ensure they go to jail and are legally submitted back into slavery. The 13th amendment is used to restore the supplements of slavery without the demise of the …show more content…
Some of the political parties include the democratic, republican, constitution and green party The Republican party was then known as the radicals. Republicans often made their presence and power known. The radicals believed that Lincoln's ten percent plan was quite lenient in his efforts to get the rebellious states to come back to the union. The goal of reconstruction was to get Southern states to come back to the Union under the terms and conditions of the Union. It is said that the Union stood for the full political and civil equality for blacks. And in order for the rebellious states to be readmitted 10 percent of their voting population would have to take an oath in agreeance with the Unions rights. This would result in the southern states incorporating these rights and requirements into their constitutions. This allowed African Americans the rights to