“The mere imparting of information is not education.”
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Negro banks, as a rule, have failed because the people, taught that their own pioneers in business cannot function in this sphere, withdrew their deposits.
And thus goes segregation which is the most far-reaching development in the history of the Negro since the enslavement of the race.
In our so-called democracy we are accustomed to give the majority what they want rather than educate them to understand what is best for them.
The strongest bank in the United States will last only so long as the people will have sufficient confidence in it to keep their money there.
