Slavery and JP Morgan Chase


	Slavery and JP Morgan Chase

dmegivern

8-1-2007 1:58 PM

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tags:

slavery, profiteering, inequality, privilege

dmegivern says:

You inherit what your ancestors experienced, both the rich and the poor. If people enslave your family, you inherit the aftermath. Why not apologize for being the beneficiary of slavery, even if the benefit may be diluted through the generations?

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8-1-2007 6:45 PM

righthand

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/c5b4a033-3eb4-4dfb-aed7-a4ac6cd07249/89FB2EFF-8FB7-4080-AD6D-BEBF55B631DF/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://academic.udayton.edu/race/02rights/repara30.htm" href="http://academic.udayton.edu/race/02rights/repara30.htm" style="font-size: 11px;">academic.udayton.edu</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://academic.udayton.edu/race/02rights/repara30.htm"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/academic.udayton.edu/img/A736E204-5998-44F7-A141-AB63658163A4" alt="JP Morgan Chase Manhattan Bank and Slavery" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://academic.udayton.edu/race/02rights/repara30.htm"><P>Many insurance companies practiced the writing of slave life
        insurance policies in 19th Century United States. The effect of this
        practice was to provide the financial backing necessary to give
        potential slave owners motivation to purchase human chattel – a very
        expensive investment. The policies gave slave owners the security
        necessary to employ enslaved Africans in ultra-hazardous capacities.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://academic.udayton.edu/race/02rights/repara30.htm"><P>If there is no connection between JP Morgan Chase and slavery, what
        do we make of the circular from Aetna’s archives? What about the $2.5
        million capital investment advertised in the 1852 circular – what
        became of that? Also, would fifty-five bankers, doctors, insurers,
        shippers, and others advertise a venture that was never launched?</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/89FB2EFF-8FB7-4080-AD6D-BEBF55B631DF/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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