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.

The present system under the control of the whites trains the Negro to be white and at the same time convinces him of the impropriety or the impossibility of his becoming white... the Negros will have no outlet but to go down a blind alley, if the sort of education which they are now receiving is to enable them to find the way out of their present difficulties.

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.

They still have some money, and they have needs to supply. They must begin immediately to pool their earnings and organize industries to participate in supplying social and economic demands.

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.

This crusade is much more important than the anti- lynching movement, because there would be no lynching if it did not start in the schoolroom.

If the white man wants to hold on to it, let him do so; but the Negro, so far as he is able, should develop and carry out a program of his own.