JP Morgan Chase’s Slavement When you heard the word “slavery”, you knew that it related to abusiveness, inhumanity, and brutality with keeping the slaves to work 24/7 without payment, abusing them if they don’t follow the direct order and letting them died slowly without giving them any food. African-American had been enslaved in The United States of America since early 17th century. Slavery had its origin with the first English Colonization of North America in Virginia in 1607, even though African slaves were brought to Spanish Florida in 1607.⁽¹) Furthermore, it had been more than twelve million African were shipped to America from 16th to 19th century to work as slaves. At that point of time, slaves didn’t have their own rights to fight for themselves. I personally think that slavery was one of the most unethical issues that ever happened in The United States of America, and one of those many cases pointed out to the second-biggest bank in The U.S., JP Morgan Chase, which had two predecessors in Louisiana that had customers that appear to have used enslaved individuals.⁽2⁾ Even though the law already persistent the slavery case clearly with the adoption of the Thirteen Amendment to the United States Constitution in 1865, JP Morgan Chase extended loans to slave-owners using slaves as collateral for the loans, consolidated lawsuit alleges.⁽3⁾ JP Morgan Chase hired a Maryland research firm and found that its predecessors had approximately 13,000 enslaved individuals as collateral on loans and took ownership of approximately 1,250 of them when the plantation owners defaulted on the loans.⁽4⁾ JP Morgan Chase’s involvement in this case because there was a link between JP Morgan’s predecessors which were Citizens Bank and Canal Bank, and Bank One which JP Morgan bought in 2004.
The nature and effect of the enslavement of people of African descent in the United States constitutes the excuse amongst the white society to feel superior. At the age of thirty, Northup was kidnapped into slavery despite his status as a freeman. Northup’s kidnappers persuaded him to accompany them to Washington, D.C. They promised him quick and easy employment, instant pay, and an
Equiano states that his capture was the typical of how the slave trade worked (Equiano, p.8). This was nothing new to him, his father owned slaves himself in the Igbo Nation. Many of these slaves were either slaves of war or had been convicted of crimes such as, adultery or kidnapping. While being a captive slave, Equiano was only considered as being a piece of property and was treated as mere cargo instead of as a human. He was first put up for sale in the spring of 1756, not being purchased he climbed aboard a smaller ship and became property of the planter, Campbell.
There were many aspects of the slave trade and the Middle Passage that are studied to this day. Africans were brutally uprooted from their home lands to the New World on the basis that they were not human, but rather beasts, who were only put on this Earth to provide free labor for those superior to them. We, as the present generation, must learn from the horrors of our ancestors. The time frame of the Middle Passage spanned for about 3 centuries, there were Africans in Santo Domingo even up to the year 1503. There are records of the number of slaves aboard the slavers, but we will only know an approximate of how many Africans were taken into the slave trade.
The arrival of the Portuguese and the growing demand for labor in the New World and islands of the Atlantic initiated the enslavement and transportation of Africans by boat to such destinations.4 The experience of the slave became extraordinarily different during such times, with many intense hardships endured, and as a result, an effect on African society that would last into the times of present day society. Before the Atlantic slave trade was initiated, Africa knew of slavery to a reasonably large extent. Slavery had been a relatively minor institution throughout pre-Roman to modern times.5 Many of Africa’s states were free to buy and sell slaves, and traders searching for gold deposits began transporting slaves along caravan routes that lead across the Sahara to the North of Africa to work in mines.6 The expansion of Islam in the eighth century saw an increase in the trade. The number of slaves one had was a
Many of them were stripped from their mothers and the identities of their fathers remained unknown. Douglass’s states that he knows the identity of his father; to his knowledge he was his former master. This account gives proof that slaves were raped and impregnated by whites. The opening scenes of Douglass’s narrative provided me with a very unique and vivid experience. Alongside his narration, my thoughts projected scenes.
It has been over a century since slavery has ended in the Caribbean. It is necessary for the younger generation in the Caribbean to know about the endless struggles which our assessors underwent in the process of gaining their freedom. On countless times when we open a history text book the event of the Haitian Revolution is clearly highlighted where great men like Toussaint L’Ouverture, Henry Christophe and Jean-Jacques Dessalines organised the black African slaves into a formidable fighting force. They threw out the French and destroyed a British invading army. By 1804, St.Domingue was the first black republic in the Western Hemisphere.
First off the first slaves came from Africa in 1619 which was brought to Virginia. Slavery was system in America that made it legal for whites to buy and own blacks and use them for labor. Slavery was a state to state thing there were many slave owners and famous slave owners were the Framers also known as the founding fathers. Something interesting about the founding fathers were they were hypocrites because most of them were against slavery when they owned slaves, for example George Washington had many slaves but he was against slavery. Another thing to know is that that in the south slaves were considered as three fifths of a person.
Not only did this case show the Abolitionist fight against slavery and to stop it, it also showed our questionable laws that come from the Constitution. When comparing and contrasting how Spielberg accurately portrayed this time in American history he did it well. In class we talked about how slaves were captured by others of their kind and sold, treated very horribly while on the slave ships and some left to die. The movie illustrates the horrors of the slaves, all the things they undergone, and how they were captured and taken from their homes and brought to a new world. It was very hard to look at and see all the cruelty and things that went on with the slaves after they had been captured, due to the fact they had been minding their own business a significant amount of years and then someone comes along, suggest that Africans are not to be treated inhuman and turned into a slave.
They could be bought or sold as property in the same way one would sell beasts of burden. Most slaves were put to work cultivating the land in some agrarian way. Yet in Africa some slaves were given positions of moderate respect and responsibility. Some were put to work as soldiers, administrators or even highly placed advisers. “The Songhay emperors, for example, often employed slaves as administrators and soldiers, since the rulers distrusted free nobles, whom they considered excessively ambitious and undependable” (Bentley, and Ziegler ).