15 Major Corporations You Never Knew Profited from Slavery

252
99715

Fleet Boston

According to reports, FleetBoston evolved from an earlier financial institution, Providence Bank, founded by a John Brown, who was a slave trader and owned ships used to transport enslaved Africans.

The bank financed Brown’s slave voyages and profited from them. Brown even reportedly helped charter what became Brown University.

CSX Corp

CSX used slave labor to construct portions of some U.S. rail lines under the political and legal system that was in place more than a century ago.

Two enslaved Africans whom the company rented were identified as John Henry and Reuben. The record states, “they were to be returned clothed when they arrived to work for the company.”

Individual enslaved Africans cost up to $200 — the equivalent of $3,800 today — to rent for a season and CSX took full advantage.

[wpdevart_facebook_comment ]