What is the connection between Frederick Douglass and the Freedmen's Bank?
A) Douglass removed his money from the bank, leading to the bank's collapse by 1874.
B) Douglass served as president and invested his own money in the bank.
C) Douglass refused to have any connections to the bank.
D) Douglass served as the bank's secretary and embezzled funds, collapsing the bank.

Question

Quizplus · Accepted Answer

Frederick Douglass served as the president of the Freedmen's Bank, and he invested his own money in the bank. However, the bank still struggled financially and eventually collapsed in 1874, causing many depositors, including many African Americans, to lose their savings.

What Is the Connection Between Frederick Douglass and the Freedmen's