EVENT INFORMATION

12
November
1851

Colonial bank law is promulgated in French Guiana

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๐Ÿ“… 12 November 1851 ๐Ÿ“ French Guiana

The 1851 colonial-bank law is promulgated in French Guiana. Although proponents described colonial banks as a possible source of loans for new freedpeople to acquire land, the banking framework also supported plantation credit and agricultural production. A lawโ€™s stated potential should not be mistaken for evidence that formerly enslaved families actually received land or loans.

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People in this event

French Guiana colonial administration

formerly enslaved people

plantation proprietors

Organizations in this Event

French colonial administration

colonial bank system